Junk stock of the day. SPR is highly dependant on BA and we all see where that is going. This stock has an intrinsic value of $5.
SPR today hit the bottom of its recent price channel with a nasty bearish candle. It has formed a nearly flawless head and shoulders pattern, and the question now is whether it holds at current support and heads back up or falls down to the necklines of the pattern. If it closes under the channel support, I would consider this a short opportunity down to the...
Spirit AeroSystems Holdings, Inc. designs, engineers, manufactures, and markets commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, struts/pylons, nacelles, and related engine structural components; and wings and...
Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Along with $BA, this could run hard in 2022. Going to start looking for a play mid/long term here....
After a solid Aug beat that saw 55% sales growth SPR an aircraft parts Mfg. in the US is braking out. It seems it was held back by the delta varian, so now as covid declines this stock flies to $55
I posted the beautiful falling wedge on #SPR awhile ago . Entry conditions are well known , you enter after the breakout . For now , i closed my open position although it looks higher but there are many other better patterns in the meantime on other stocks . Follow me to learn more about falling wedge pattern and other great working patterns in the...
And here is another one $SPR with cup with handle that is also looking bullish in the Aerospace & Defense industry. Seems that industry wants to break higher.
Spirit Aerosystems is a airplane component supplier to Boeing and Airbus. A lot of strong tailwinds for this stock, US-China arms race is a narrative that will get bigger and bigger in the next few years. Growing competition for space, this company will be making parts for air and space craft that havent been imagined yet for years to come
Trend continuation Open 45 TP 62 SL 43 RR 7
Trend continuation Open 45 TP 62 SL 43 RR 7
Perfect falling wedge pattern on #SPR $SPR . Follow me to be alerted about best technical patterns in the #StockMarket #stocks #stockstowatch #trading
The stock is forming a bearish descending triangle because its under the both EMA20/50 and the market started to drop (I think this SPY500 decline will be long). So I'm bearish for this stock. Good risk/reward ratio. I'm going to open a short position after breaking below the support $43. REMINDER: I'm not a financial advisor !
SPR has broke out of the $41 resistance and is looking to go towards the $55-$60 resistance. There's an inverted head & shoulders pattern on the daily chart (granted! this is not how h&s/ inverted h&s are being interpreted but per my observation, it seems to be equally effective as well), with a weak right shoulder..which is a very good sign of a strong break...
Just like many of the aerospace and travel stocks it seems poised to make a bullish move on the back of positive Covid data and the revivals of Airlines fortunes. We have our alert set on the top of the channel to be prepared for a break into a area of low volume resistance.