Technical Analysis
On november 24th, JETS broke out above its june highs, and consolidated (orange square), demonstrating a successful break out of the channel. Now it shows a flag, showing potential for more upside.
There is a strong resistance level at $27.7; at this point I would expect a pullback, to ultimately reach the top of the gap around $30.
I am...
NYSE:BA a better place for trade is once it fills the 250s gap and closes above it. Then it has resistance at 300 (Gap# 2) and a better profit margin. In fact, it can go to gap# 3. easily. Play strategy
- Buy around 250 with SL 235. Hint: Stop loss calculation Buy Price - ATR * 1.5 .
- Take capital out around once reach 300 (gap# 2) and leave free money...
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...
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...
Back to $BA - This will likely be a buy signal for many. Bull pennant forming as well. I can't buy in as my money is tied up in other stocks, but may move some things around to get into this.
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
We have been doing so well on AEROSPACE AND DEFENCE ETF and happy to say it has just broken 2 majpr resistance levels in 1 session!
We are keeping our buy positions until it reached record highs and will be keeping an eye on this for the future.. for a long time
Fundamentally, aerospace and defence are industries that have a bright future and are becoming...
About Boeing: The Boeing Company is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers.
BA is very interesting, here is my technical analysis:
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Two...
![BA: Boeing [BA] Back To Pre-Crisis Highs](https://s3.tradingview.com/r/Rs3esg1Y_mid.png "Boeing [BA] Back To Pre-Crisis Highs")
