BA 150s soon. Book itBoeing Company stock forum
BA 150s soon. Book it
BA Boeing stock has responded well to management's turnaround efforts. The company appears to be on track, with a possible boost to 737 MAX production coming soon.BA FAA agreed that it would make sense to start to develop the process by which we would entertain a rate increase conversation.
BA they just sold something like 100 planes to Japan for around 20 billion dollars
BA 250-260 is top, algo is currently set to buy +1 SD still, so expecting another bounce at possibly 212, but if we don't get into 1.8 SD zone then we are heading back to 200 at the next 235 rejection.
BA has followed through with the topping thesis from July 28 and is currently bouncing into a local resistance zone. Here, I’d prefer to see a lower high form before at least one more move down below the August lows.
Chart: tradingview.com/x/9S6HqPPn/
Previously:
On macro-resistance zone (Jul 28): tradingview.com/symbols/NYSE-BA/minds/?mind=Lbgb80WVRQWZIBXVlo1KaA
And on reversal confirmation (Jul 30): tradingview.com/symbols/NYSE-BA/minds/?mind=oPebB2EbQA67QBt5HiGDdg
BA up next weekBA 200 needs to be testedBA Price reversed with a bearish engulfing candle after briefly entering the macro resistance zone outlined several days ago.As long as price remains below yesterday’s highs, I expect a top formation to begin, with more downside potential into the 190–165 macro support zone over the coming months.
Chart: tradingview.com/x/SXdnwpEH/
📌 On macro resistance zone: tradingview.com/symbols/NYSE-BA/minds/?mind=Lbgb80WVRQWZIBXVlo1KaA
BA has entered a macro-resistance zone at 240–250, where I expect at least a mid-term top formation to begin developing.Chart: tradingview.com/x/xImkKXV1/
