HUT broke down from the inverse head and shoulders. It even has candle confirmation - spinning doji followed by bearish engulfing. It is fair to say that the IHS is NEGATED.
I see 2 bullish scenarios here on $HUT . In this order:
1. Bullish divergence on $HUT. It can bounce righy here on the 4.50 support and see much higher levels: 4.8, 5, 5.5 and even higher...
Dis approaching support level $130, $125, $115. Im buying at these levels for long with a target of $180. Disney will see COVID relief rally and economy recovery. This market may take years to see the effects of further rate increase.
Debt is questionable, don’t ask questions
This is not financial advice. It’s only is for entertainment.
Inverse head and shoulders. Moving with current market downside. I think BTC being at these level is a good indicator that we may see 60k sooner than later. Hoping a reversal occurs soon
This is not financial advice or advice in any form. Sole purpose is to entertain
BA 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...
BA looking to leave March lows uptrend temporarily much like it has in the past (as you can see in chart provided).
Any dips should put buyers in a good position to rocket to $300+. I have been watching BA since $140. Potential supports are at the $180/200 level. 210 (closing price), 205, 200, 190, 180 are other support levels.
Cup and handle as well....
BA bouncing on trendline support. Trend started with March lows. I can’t make this up. BA ready for 225 then 240. Look at my last posts for the bigger picture. Breaking under trendline and confirmation of said break would invalidate this trade plan.
This is not financial advice. Do not take any thing i say as any form of financial advice. This is for...
Boeing is about to hit trendline support at 212.56. The bottom of this trendline trend is March lows. I believe these lows are the strongest support.
MASSIVE Cup and Handle forming on the 1D. Consolidation phase near completion.
Fundamentally, COVID vaccines should support BA as a company and as a stock.
Technically and Fundamentally bullish IMO.
Boeing (BA) has a Cup and Handle forming on the daily. It is also approaching the bottom of a 1 year and 5 month old Trendline. This Trendline’s lows originated during the COVID-19 March lows. I believe this is the strongest support for BA. This same trendline has acted as support in the past several times.
Potential targets drawn for your viewing. Explained in...
Boeing $BA about to kiss trendline support that originated in March lows. 1 year 5 month old trend. March lows may have been the ultimate support. I believe based on this trendline data that it will bounce on the trendline and ROCKET to $240. I do believe it is strong enough to reach $280 for a real test. If it breaks through, final target is $320....