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BA is pushing higher before earnings. But the chances of BA, have a good earnings and a good forward guidance is slim when our Global Economy is slowing down. $363-370 acted as resistance for one year, and BA breaking in to all time highs are very unlikely. Lets see how it plays out...
Also MACD is crossed over down on a monthly back in NOVEMBER.
Entered Healthy GoldenX--- May, 1995. parabolic March, 2017...Death January, 2019
Boeing is entering into a GoldenX at this time(February, 2019) . Angle of attack looks Health! Death=TBD
Will hold under analysis******
I believe BA is due for a retracement today. It's overbought accoss several timeframes, getting bearish divergences and running into strong horizontal resistance. Pullback to my first target is 360 then 355 during this short trading week. Confident in this short position target being hit, but will have my stop loss set should it continue upwards.
Took an unorthodox approach on this one, using moon cycles as tertiary indicators. They seem to work well when coinciding with major resistance/support, either from trend lines or moving averages.
Looking at the chart, were topping out within the large, rising megaphone. The doji on the daily confirms the selling is kicking in. I have a price target or...
THIS IS NOT A TRADING ADVICE!!!
INFORMATION HERE WILL BE USED FOR A FUTURE AI
3Oth of January before session, Boeing will issue EARNINGS REPORT, expectation is 4.581 USD EPS.
Forecast EPS for Q1 2019 is 4.103 USD and Q2 2019 is 4.335 USD.
18th of December, dividend is raised 20%
21st of December, Boeing heads for expected 2018 plane order victory over...
based on market cap/index weighting BA is very dependent on the future direction of the market. i have a long standing bearish thesis (multimonth head and shoulders S&P/deflationary melt down) BA is very much an icarus but that doesnt mean its future wont fly again. ive outlined possible buy zones but am more seeing BA as a global growth indicator rather an actual stock