Please note this is only an idea, invest at your own risk.
Resistances shown in red, supports or trendlines in blue .
I believe it will try to test the 260 resistance, if it breaks above, then expect a retest of a strong 277 resistance. 261->275 could be an easy ride.
Stock is back above 200MA, but short-term MA do not look too confident yet.
Happy to get...
The daily chart for US company Boeing Co. (BA) experienced a Falling Wedge technical pattern. Boeing Co. is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. The falling wedge...
GLD 1D I Amid inflation fears we highlighted GLD two weeks ago. We now expect to see GLD consolidate as the RSI pushes into overbought territory.
BA 4H I Breaking out from a falling wedge after news that it plans to boost 737 Max production. Major support at $130 on the 4H chart.
AAPL 2H I As we noted, QQQ has found support at VPOC indicator shows us heavy...
Today we have a great chart to share: "BOEING."
Since the bottom of the pandemic bearish movement (MARCH 2020), we have observed a sequence of corrective patterns and breakouts that makes a series of higher highs and higher lows (what defines a bullish trend). In the previous 3 patterns every time we had a breakout, a bullish movement continued. So, what can we...
This my current elliott count for ticker BA. Im considering multiple scenarios for this ticker but this is the one that Im leaning towards. This count puts us in wave four and we saw the perfect 0.38 retracement on the fib. Now currently on our start of the 1st wave of larger wave 5 (ultimate PT would be north of 300+. NOT FINANCIAL ADVICE JUST MY THOUGHTS
Nice descending wedge forming on 1D chart of BA. The confirmation might be over the low smas (9,20) and obviously a break out over the wedge resistance line. I am bullish for the next week and see big potential for this sector. Nice support on the 100sma. Just an amazing play it would be 😋😍
I was a big buyer yesterday in the July and Novembers options. BA has been beaten up late with the same BIG POP and FADE pattern since Covid. We have another falling wedge/bull flag that indicates $315 PT and with rising resistance line (yellow dots), things seem to be lining up. We have also seen the most dark pool I have seen on BA in quite some time. $780M in...
We can see a double bottom with a lot of buyers at this area. Also, that big wick of todays candle means the real strenght of the buyers. So, the formation is really nice and the thing that can push the price down is if the market pulls back tomorrow.
