The Boeing Company - Short Term - We look to Sell at 208.00 (stop at 216.00) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 205.00. Levels close to the 50% pullback level of 209.60 found sellers. Daily signals are bearish. The bias is still for lower levels and we look for any gains to be limited. Further downside is...
242 or so should hit next on Boeing. Dow should remain strong this year. Boeing may begin to move and breakout much further on the longer term DTL.
AAPL 1H I AAPL was rejected once again near $180. It might be forming an ascending triangle. Watching for a bounce near our trend or near our support level at $176. BA 30M I BA seems to be consolidating right above $200. Picked up unusual activity on Friday. Watching for a bounce near the $200 level or a breakout from the current pattern. SE 1H I SE is down...
Gave us a nice reversal in the group this morning as we noticed call activity increasing. Cleared important levels and had some good news!
Great relative strength on $BA this morning which we pointed out on the live stream!
Although "almost" every single sector moved ATH's, the travel stocks are still at their lows. I have been keeping eye on CCL AAL BA for their long waited move. Looking at the daily chart: 1. Made the first higher low 2. Stayed above the 0.236 Fib line 3. RSI 14 crossed RSI 50 Looking CCL to move to the 0.382 Fib line and hoping it will either: 1. Stay above 2....
Nice relative strength on $BA this morning... the 200Cs had great OI! Already about tagged so a little caution now.
BA, one of my favorite companies (I'll just throw this out there so you can know of some Bias before reading further), if finally showing signs of life and more catalysts on the horizon. 737 Max Approval appears highly likely - although this might prove to be a "sell the news" event after recent price movement, it ultimately will bring the stock higher in the...
You won't see Boeing at this low a price again. Perfectly in trend, solid technicals. Another no brainer.
I've been out of $BA since $235 and for good reason. Major fibs are being broken and the trend line fail as well. In addition, you can see how the oscillators are converging to the downside... I see $180 as the price target. Not shorting... Personally, I am waiting for entry. I've linked my past Boeing ideas (bull & bear; right or wrong) to give context to...
I think BA is approaching a zone or already is to start scaling in longer-term. Black-Friday sale? Only time will tell. Good trading plans emerge.
Boeing lol. This stock is a JOKE to trade. But we finally got to our 190 target and if we break further to the downside this will enable 160-170 range. My stance is neutral on the stock, but there is tons of put flow coming in on this one still. Can see the chart and see what happened.
Description BA gapped out of the pattern, a strong signal, and made a nice bullish candle on strong volume. We'll be looking for this move to continue. Related idea linked, almost entered on friday, but didn't quite cut it. Using A call debit spread, because profits are always limited by time. Call Debit Spread Levels on Chart SL is a daily close back in the...
I've put relevant notations on the chart. I'm putting this on my action list for next week. Many ways to play this one. If it opens in the upper wick that's strong. If that's the case I may go long with a stop below the day low or open. I may wait for a pullback but look for the gap to hold. It could also flag here for a few days or weeks. Either way this should...
Key levels to watch for BA. Looking for a push back to $240.
This POS needs to start moving and carry a load on the index since Tech just went for a crazy run. NEEDS TO BREAKOUT. Buy dated calls and hold, this one is coming.
Boeing is looking to breakout the downtrend here. It has been doing this pattern and breakouts ever since the covid crash and we have another instance here. BA has consistently been creating these downward wedge patterns and breaking out. With the increase in vaccinations and covid issues starting to decline, and businesses and travel opening back up, this could...