BA trade ideas
Boeing cruising at the resistance altitude!Trading Boeing in this channel could be the best trading setup in the past 6 months.
Yesterday's trading volume increased 63% in comparison to the past 5-day average, which means it is highly likely being got rejected from this altitude!
you can wait for confirmation!
BA: Boe(r)ing StockThe stock is currently trading below its 200 SMA and its 50 SMA is also below its 200 SMA. This, coupled with the steady decline in volume, tells us that the stock is in a downtrend.
Now we also happen to have exceeded the upper bollinger band, which means we are 2 standard deviations above the 20 day mean. This indicates us that there is a pretty good chance that the stock will
head down in the following days.
BA Preparing for LaunchBA technical price analysis.
Cup and handle on 1 D it is almost done consolidating (or may be done) for the big launch. Lost trend temporarily but is back in (as expected in the last post). I would love for it to hit the support and 50 MA about $220, but a target of $280 (resistance) or $320 if BA decides to follow trend.
Fundamentally BA’s travel sector has better guidance with the vaccines. Well better guidance than in 2020 that’s for sure.
This is not financial advice. This is for entertainment and personal case study reasons. It is posted just for enjoyment purposes. Do not take anything as any form of financial advice.
strategy for BA THURSDAY 09/30/2021(BA buy price 230.00)
(BA sell price 224.00)
strategy: ba with a possible gap and go if the opening is located above the mv 200 daily chart, the sell zone 228.00 and buy price 230.00 we could take profits near the resistance 240.00 and 241.15.
our bearish entry: we will confirm it below the sell price and the mv 200 at 5mn. if it is possible to cross the gap zone, the possible profit taking would be in the MV 200 zone in 15mn
$BA - channel break out watchBA has been in a channel and has tried 4 times to breakout from the channel. The question is can it do it this time?
In a long term channel it broke down from the uptrend channel and since clawed back into the channel.
break above $240 could send the stock to $260 and beyond.
Target - $260
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
$BA | WEEKLY WATCHLIST 9/27An extremely frustrating stock that feels like it's been bull-flagging forever. If you look at the previous trends, this stock has the tendency to drag out like crazy before exploding. Wave 4 looks to be in, bouncing off the 50% retracement multiple times and showing a complete ABCDE corrective phase.
As long as the $210 area holds, we should see a nice impulsive move up to the $300 area by December.
Actively watching flow and chart for potential long swing entry! Please view chart for in-depth breakdown of suggested play.
BA: Time To Fly Again? ✈️✈️✈️Since the middle of the Marc-21 Boeing is moving down and slowly inside a bullish flag or an ascending canal.
You can name it as you like. The most important thing here is that the price seems to have found a strong support area near $ 206.50.
We can clearly see that this is the second time that price has been rejected near those price areas.
If you will be patient you will be paid for long-term portfolios. So do not give up on Boeing shares as the reward will be really good.
Speculation with pandemic situations will end one day. One reason is that people are tired of hearing the same thing every day and the second reason is that many economies have returned to normality, people are returning to their job positions.
So at the end of the day, everything will look like "DUST IN THE WIND" and BOEING will fly again✈️✈️✈️
So let’s be optimistic✌️
Thank you and Good Luck!