1. Boeing is filling out a huge triangle, with the base formed by the 75% price drop from March 2020. It has consistently tested the bottom leg of the triangle and responded with strength, each time reaching the top leg of the triangle. The triangle is narrowing around current price, and a break to the topside would yield significant upside after this long...
Trading in a channel with some healthy consolidation. 50 day SMA passed through 200 day SMA (Golden Cross)
Trading at a discount with only a 15 P/E ratio.
Fair Value Estimate from Morningstar: $436
Implied Upside from Last Close: 15%
Lockheed just landed a big sale to Switzerland of their F15 jets beating out Boeing
Boeing received good news, "Boeing Max Edges Toward China Return as Test Flights Near."
- 20MA & 50MA above the 200MA.
- Bullish Engulfing pattern on Thursday (7/8/21) w/ strong bullish volume.
- Bounce off of Symmetrical support. Could revisit 200MA (yellow line) to test a bounce if bullish momentum is short lived.
However, I am uneasy about the market in...
Boeing had really good news with chinese aviation officials have expressed willingness to conduct flight tests on Boeing Co's BA 737 MAX, potentially paving the way for the fastest-selling jet's return in China. This is the type of catalyst that BA needs to get out of this consolidation period!
-Almost closed above 6DAY SMA!
-50DAY SMA will be a small resistance...
BA Current Price $237 Price Target $280
BA $240c 7/9 ($181,2% till breakeven) (Outstanding)
Boeing Shares fell sharply on Friday after yet again another plane issue that caused a cargo ship to land in the ocean. Only two people were on board the plane and both have no significant injuries.I think BA will be able to move past this issue and continue to receive more...
C&H soon to breakout and we will be heading to 290 soon. I would go into more detail as to why, but I have to many to post on for others. I am long in August 270C's
DOW had a nasty pullback today as Boeing drags it down. BA had bad news regrading FAA approval and delays with the 777x.
BA formed a cup and handle as well as an inverse head and shoulder with a breakout at the 256.67 level. I like how BA bounced on that 50day SMA and used it as a support. I'm looking to long BA 3 to 4 weeks contract for a possible gap fill to...
lower highs across macd. Not a very big fan of using head and shoulders, but its obviously being made. Not a financial advisor, so invest at your own risk.
Boeing stock continues to be pressured by well-defined falling resistance from 2019, maintaining the dominant downside focus .
Bullish crossover ( Golden Cross ) between the 2 0-day and 50-day moving averages seems to be around the corner, offering near-term upward bias.
Further gains to place focus on March 2021 highs.
A turn lower has the May low eyed, but...
Boeing has been a major underperformer over the last two years but recent price action has seen the manufacturer climb higher gradually. Price recently broke above a major downtrend, posted a bullish MACD crossover and bounced off crucial moving averages. Boeing could be poised to climb higher in the weeks ahead.
BLNK 4H I Breakout from massive downtrend, has to hold the $24 level for continuation. As the infrastructure bill is discussed, we expect to see some of those efforts to focus on electric vehicle stations.
BA 4H I We caught the whole move on BA. After breaking out from the falling wedge we have seen BA with strong momentum to the upside. Expecting to consolidate...
