Time for a correction here as the asset did us extremely well, we Bought it at 91.3 and it's not out of steam at 115!
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...
Defense contractor Northop Grumman fell hard toward trend line support both before and after its earnings report last Friday, despite a solid beat of analyst expectations. The fall has occurred as analysts adjusted forward estimates of earnings and sales downward for the next two years. Despite the downward revisions, Northop Grumman remains a growth company, with...
Allison Transmission annihilated analyst estimates for its earnings and revenue yesterday, spiking 10% after hours but falling during the daytime session today to below yesterday's close. Not only did Allison post a beat for the third quarter, but it has also seen upgrades to its earnings estimates for the next couple years. Allison also got recent good news when...
Long awaited recovery of aerospace and defense sector, probably time for a recovery here as the Feds are examining to support this industry in the next round of stimulus. Let's see if we finally have a proper lift-off
Hi guys im showing you today that stop loss are very important tool to help us set gauge when to stop in EURNZD trade. Also these are great factor to determine how much risk you ganna put, how much risk reward you ganna take, and how logical you ganna put it in the sense its not to tight and too wide. Hoping you'll be profitable :D. Comment down your suggestion...
Using previous candles to aid in understanding what the patterns have been within a certain underlying can assist in being able to identify high correlation areas that contain a greater probability of price action. Using a mixture of fibonacci retracement tools, standard deviation and trend lines we can create a high correlation area that allows us to be able to...
Struggling to pick a direction many airlines stocks have been stuck in a range bound pattern which is also seen here in Boeing (BA). Currently back towards the center of the range there is an equal opportunity for both sides to see some price action. Although As volume starts to dwindle and less activity is seen for new orders of aircraft, the outlook is unclear...
NOT A FINANCIAL ADVISOR NOR IS THIS FINANCIAL ADVICE. DO YOUR OWN RESEARCH BEFORE BUYING AND SELLING. TRADE AT YOUR OWN RISK. MILITARY INDUSTRY IS STEADY CONTRACTS -- EVEN DURING A PANDEMIC SOLID TREND UPWARDS TOWARD ATH'S TRADING AT A MASSIVE DISCOUNT -- 100%+ GAP BETWEEN ATH AND MARCH LOW SL AT 56-52 T1 67 T2 75 T3 84
These guys will either pump like Apple or do nothing at all. In either case, you don't suffer. You'd just be parking your cash for a few weeks. Yes. Weeks. No longer. I'd be looking at the first few weeks of Trump's next term to close out.
Playing for a sector rotation from big tech into value. The Aerospace sector has been beaten down and I think there is some short-term opportunity here as drug makers enter phase 3 trials at lightning speed. Not to mention defense spending could continue higher.
3x Aerospace & Defense ETF Increase in volume w/ bullish divergence. This is our play of the week for the week of 7/20.
About ROC Strategy : Go Long when the ROC crosses above the Value of '0' Short when the ROC crosses below the Value of '0'. The strategy is a reversal strategy through the use of the 'Cover and go Long' and 'Close and go Short' Actions. The ROC property of 'Period' can be changed for testing purposes using the available ROC 'Factor' Important Notice...
Large timeframes here boys we are playing big swings. be bullish. US defense contractor. You think the Military is going out of business? then short boeing. I am LONG.
ERJ is retesting a trendline drawn from back in May. Price has broken down underneath and is now testing previous support levels.
After the bear really it looks that we experienced BA is looking to find some support.
It needs to get above $384.96 which is also above 50SMA to continue its bullish trend. 12 months Consensus Price Target: $439.31 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge.
Like other stocks (check out idea published on Boeing NYSE:BA by visiting our ideas) in Aerospace and Defense industry, LOCKHEED (NYSE:LMT) also has some path to move further up. Coordinates are:- Entry: 361.30 SL: 354.80 Target: trail the price Valid till 17th June 2020