I decided after keeping the stocks a while hoovering the 340 wish limits and making money selling at the money calls I don't think this game is worth it anymore as the downside risk is much greater in the short term especially if the airline scheduled the flight back in June Dont expect the 737 MAX to be scrapped this is too much of a blow politically against...
Recalled back to LAX after leaving for China. Dumped fuel on a playground effecting kids and teachers. Other schools also supposedly hit but nobody effected at those locations. Reports are it smells like jet fuel around the playground and there's vid of a plane dumping fuel nearby. One of the flight stats sites is how I found it's a Boeing 777 based on the flight...
In case Boeing fails to clear the mess around its 737 Max model in 2020, we may see a move below $200 to complete the symmetrical triangle pattern.
Descending Triangles are repeatable trading chart patterns. Descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the...
Hi Traders When watching Boeing stock on the Daily time frame we see, that since June 2018 this stock is in distribution stage - moves mostly sideways after a longer uptrend. On January 7, 2020 we got another Bullish Signal from the Hitman. This signal appears right under the EMA 8, 21 and 34 which could act as resistance. I would be careful to buy into this...
I'm generally bullish on $BA for a number of rasons. Recent updates on the 737MAX downed in Iran seems to identify the cause on exogenous variables (a missile). The company is nonetheless improving 737Max pilots' training and, technically speaking, the chart shows higher lows, meaning the trend line is positive. ***As usual, not a trading advice, merely my view...
Weekly Chart : The time will tell, but meanwhile the chart tells us that the odds pointing to huge Reversal Pattern. Multiple Head and Shoulders contains several shoulders, in our case 3 from each side. Note the huge volume spike in the Head. Note the inner Neckline and the Outer Neckline. Short trades will be taken when the price will break down the...
$BA has overshot almost every conceivable range in the past few years. Lately, due to time constraints, I have been trying to scope out longer time frame opportunities. So, I'm trying to train myself to start large, zoom in, make assessments, and then be patient for the right opportunity. Starting from a 1M chart, here is what I see: The previous expanding...
Looks like BA stock price, after the bad news that 737 Max has stopped from selling, has touched it's 2 years strong support on 321 per share. Good time to buy the stock at its two years' lowest price. If the price will go more than 355, possible breakdown, otherwise fixing profit around 355 per share.
There's potential higher low structure forming. Planning to jump at the opening of the market on 30th December. My second entry is going to be buy-stop at 340.80. BA LONG TRADE SETUP 1. Entry: Opening of 30the December Monday (Market order) 2. Entry: 340.80 (Buy Stop order) SL: 312.16 1. Profit target: 345.70 2. Profit target: 364.50 Disclaimer: This is not...
Investigators suspected that a newly implemented automated flight control feature, The Maneuvering Characteristics Augmentation System (MCAS) from Boeing 737 Max are the cause accident at Indonesian Lion Air (October 29, 2018) and Ethiopian Airlines (March 10, 2019). Aviation authorities around the world grounded the Boeing 737 MAX, and Due to ongoing regulatory...
Boeing (NYSE:BA) has fired embattled CEO Dennis Muilenburg, who oversaw the company during the 737 MAX crisis. He has been at the helm since July 2015. 4% up on news of CEO departure. Exactly the catalyst needed for a break up north past the narrowing resistance level. Look for break above level 355-360 in coming days. RSI bouncing back from oversold conditions,...
Chart and recent movement make me convinced we are headed back to the downward resistance. Always been a BA fan and continue to hold it long while swinging the volatility. BA is a strong company and will be back to ATH before people know it. Discount even at these levels and would still consider picking up shares on any dips. Very optimistic lines drawn of how I...
Boeing forming a diamond top, it's a rather rare pattern but can be profitable if it plays out.
Think we reverse here. I bought after the opening 5 min bar today.
As you can see long term support 330 changed into resiatance
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.
BUY BA (STOCK) Entry 328 Entry 319 Sl 300 Tp.1 348 Tp.2 356 Tp.3 373 Tp.4 396