We have a descending flag forming here on AAL. I expect to see it break down and have sharp reversal downwards.
Two scenarios can play out here, more than likely (bullish scenario) plays out 1. (green line) we blast through 6.48 and we reach $7-8+ 2. (red line) we test 6.48 and reject... test 5.47 or 4.65 then BOUNCE BOUNCE!
Continuation rally? to 100ema resistance : 195 next target
Boeing has started changing direction to the upside. I will be going LONG and adding to my position over time.
Symmetrical Triangle + Loss of Momentum + Trend Bullish (Time Frame Confluence) Wait for a break of the triangle before entering Long/Short, Watch out for Fake-outs in a downward break
What an AWESOME day as we put in some solid GAINS today on boeing! 💲💲💲 Yesterday we showed you how we were all shooting green with the Crossover strategy and the ema dots on these larger timeframes after the massive selloff. Today we we're able to get up to 30% gains in the last 11 days for a nice swing trade, we continue to hold... what is next to come. ⬇️⬇️⬇️⬇️
👨🏽✈️ Boeing and airline stocks have performed very well recently, in-fact many of the stocks beaten down by COVID are on the move. Of all of these stocks, Boeing has one of the best looking charts around. Add to that that production is ramping up along with demand, and we have a great justification for a long position along with the newly formed bullish...
Buy last kiss near 157.3 (retest of accumulation resistance/support) Buy stop above that candles high. SL mid range accumulation. TP open
American has been lagging behind airlines and should see a nice move upwards once it breaks above this neckline.
I believe I alerted you all of the trend shift from my custom trading system on may 24th and said clearly I'm adding long at 141.77! 💰💰💰💰 that's a 21% return as all indicators from the Crossover strategy and the ema dots continue to shoot green! 🤑🤑🤑 Just the other day boeing announced they were laying off a lot of the workforce and people got scared trying to...
Brazilian airline stock $GOL has a perfect set up, bought it last night, and its up 20% already! Breakout on the ascending triangle could bring in a real big push! Longterm hold for me, will bounce back nicely! Price Target: $10-$20
Moving forward we will be sharing more stocks and Crypto trades using our strategy - as you can see they work too. Some of our traders have used this to capitalise from moves in major stock prices. For more information on our strategy please view our 'Scripts' page on our Trading view profile. Our V2 strategy shows the SL and multiple TPs on the chart too -...
BA is bullish It broke up the descending channel with good volume We can expect a +17.5% from here
Hi Guys, +$1510 today on 1 large win in $BA and 1 small win in $ROKU! Volume low in the market so I'm out! Enjoy, Enda
Simple ABC Correction + Momentum + Bullish Continuation Boeing is looking to continue its bullish momentum inside the new channel it has created after breaking out of the Descending Triangle. Price Action is telling me we should see a small pullback to the area circled with bullish continuation to the next target at 164.80.
Keep your trading simple 🚀🚀🚀 Long term bullish - this trade can take some time to unfold. T1 = minimum risk reward 1:1 Mind term target $24.6 - Closing gap. Entry was on the crossover. I would use a smaller position size because of the huge S1 S2 (stopping points). I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need...
Most big cap tech companies already reclaimed their previous highs, Industrials straggling and it could be the time for BA to get back to 300s, if possible to 450s previous highs, bullish crossovers.