Chart setup looks great on both weekly and daily time frames. Provided earnings aren't horrid due to the MAX crisis then this chart should turn around.
Nice bounce with higher bottom and nice reverse for all indicators RSI and MFI even stochastic with regards to bad news which continue coming as bad news .. maybe earning have some surprise for investor any how earning on 24th July ..
Targets for uptrend 275 then 288 - 394 - 402 - 415
Support and stoploss 360
BOEING CO . NYSE . ($BA) It must be so tiring, frustrating and demoralizing for they Boeing Bulls to wake up to continual negative newsflow, they have fought for four months to keep the stock from capitulating, but there has to come a time when the through in the towel. That time may be getting closer, volume has been declining which signifies buyers have no...
My charts are complex, Read the words and follow the arrows to understand the chaos although I am not a financial advisor..Trade on andrewthesage reporting to you live!!!
Boeing BA is the largest single DJI component. Today's BA move above a short term top and declining trend line signals that BA and DJI could soon be headed to ne all-time highs.
Mark
Price has created an ascending triangle pattern which has a bullish bias
The declining Volume and ATR/Volatility levels indicate traders have lost interest in investing in Boeing
This is creating consolidation pressure on the top triangle level @ 379.30
Trade Plan
Buy a daily close above 379.30
Breakout Candle must be 100% of the average volume for a full size...
Unless you've been trading under a rock, everyone should be familiar with what's going on over at Boeing. As you can see on the 4 hour chart we retraced a lot of the drop but failed to start a gap fill. This came as delivery reports were down significantly and a speedy fix is beginning to seem unlikely. Price has come back towards post fiasco support, usually I...
Entry: 354.04
Protective Stop: 350.22
Safety Target: 361.69 (2:1)
Target #2: 373.45
Final Target: 414.00
Inside Weekly Demand, in Weekly Uptrend after breaking the basing to the upside
Price came back, broke the trendline in the 60 leaving a level opportunity to jump in
Entry #1 was with the TL break
Entry Opportunity #2 is when it comes back to 454.04 (if it comes back)
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Boeing's sharp dead cat bounce on 6/18, which carried the Dow with it
seemed fundamentally based on news of a potential new order
for the ill fated 737 Max.
However, if one just looks just below the surface,
one can see that money flow into this stock,
barely got off the ground today.
Um yes
Does that sound familiar ?
It's like they're clueless in...
The Boeing Company is an aerospace company. The Company's segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry. The Commercial Airplanes segment also produces commercial aircraft and offers a family of commercial jetliners. The BDS segment's operations involve research, development, production, modification and support of the products and related systems. The BMA segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems. The BCC segment's portfolio consists of equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease and investments.
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BA
