Was a great timing and one of my best trades last month. I have taken profit gradually 3 times and still hold 30% of my initial positions to attempt to take profits at 258 and 300.
Thank you Boeing 🥰✈️
Boeing is doing great this month. The US elections and vaccine news made investors realize that Boeing was criminally undervalued.
Today is the day when Boeing finally beats the summer high around $230. With a vaccine within grasp, I see Boeing reaching its old highs again.
Consider Resistance 1 and Resistance 2 as great areas for taking some profits. In case...
Barnier comments on 'no deal is still possible' well illustrating the strategic skill of negotiation. UK has sadly been completely outplayed, not by any fault other than some simple Etonians sticking about fisheries which is 0.02% of GDP...Hard to understand how we ended up here, most £500m private companies would never dream of hiring Johnson as CEO or Sunak as...
This point of view, relying on the soundness of the highs, which has been proved, will be vital to our success, because it is what we are leaning on and it is giving us a chance to pull the trigger in a somewhat cheap area in terms of risk.
BOEING ( NYSE:BA )
+ Possible bullish bat and gartley pattern - Looking for Point-D
+ Bullish flag pattern
+ Symmetrical triangle
- Boeing 737 Max scandal, Covid19, China sanctions, Earnings report
+ Short-term pessimist, long-term optimist. Aviation industry will definitely recover after covid19
+ Stop loss is your friend
+ Take profit depends on your risk appetite
Here we are more or less back to square one as to where we were in July and testing away at the resistance.
Buyers are showing a lack of tenacity!
If after the Brexit fact (does not really matter if its a deal or hard brexit deal) we can see the possible outflow pressure really start to make itself felt. The strong counter here should immediately come under...
📌 ridethepig | Chart of the Week
This illustrates the struggle of the retrace. Motto: first map, then position, and finally destroy.
Those that remember the infamous chart from Johnson elections will remember we are back to square one, another year has passed with the direction focused on a necessary component of 'how to make the country less worse off'. This...
This dip in airline stocks can be a huge buying opportunity after this pandemic is over due the high efficiency vaccine from Pfizer and other manufacturers.
MT Newswires: The US Federal Aviation Administration is expected to complete its review of Boeing's (BA) 737 MAX in the coming days.
Reuters: Boeing Says Delivered 13 Twin-Aisle Jets In October.
no deal Brexit is NOT priced in ( IMHO )
If we want to get it right, I'm not saying that there will be no agreement in the last second ...
The point is, if there is NO agreement .... I dont even want to think about all those pound buyers ....
longs in play 0.8990 / 75 and again 0.9045 / 30
Stop below 0.9018
First target 0.9140
Second target 0.9300...
BOEING reversed off its resistance at 334.39 where it could potentially drop further to 319.64.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Boeing has been trying to recover after the air industry was smacked to the ground by the pandemic. Since then, the results weren't expected to cover the forecasts of course, so the only current rise in the stock price is because of the pull form the broader market.
Ignore the stats since they are heavily affected by the COVID-19 crisis. Recent days we see red...