Daily 4XSetUps - 2 Recovered Bearish GAPs Give Confidence In BA
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2025/02/13 Daily 4XSetUps - 2 Recovered Bearish GAPs Give Confidence In BA “more or less back where the ceo change was published, end july`24! is this bullish now? or bearish? what is crucial? which price action?”
Hope for a peace solution for Ukraine and or rather strong business figures from Siemens SIE pushed the Dax above the 22,600 point mark for the first time today, on Thursday, February 13, 2025. As of today, the record high stands at almost 22,625 points. At the end of today's trading session, our leading German index DAX gained an impressive +2.09% to 22,612.02 points. The MDax MDAX for medium-sized companies even went up by +2.11% to 27,760.53 points. It seems that currently - at least here in my home country and country of birth, Germany - more and more traders and/or investors are jumping into the German stock market for fear of missing out on an ongoing rally!? The Eurozone leading index EuroStoxx 50 EUSTX50 continued to approach its record high of a good 5,522 points, reached in 2000, and closed with an increase of +1.75% at 5,500.50 points. Outside the euro area, the Swiss SMI SMI also rose at the end by +1.85% to 12,949.06 points. In contrast, the British FTSE 100 UKX fell by +0.49% to 8,764.72 points.
“If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential.” Ray Dalio
$196.95 : 2024/07/31 - Doji Intraday Day High $188.48 : 2025/01/28 - Annual Yearly High 2025 $185.44 : 2025/02/13 - last price action $183.86 : 2024/07/31 - Doji Intraday Day Low $171.49 : 2024/08/30 - Bearish GAP Intraday Low $179.40 : 2024/12/27 - Bearish GAP Intraday Low $178.17 : 2024/12/30 - Bearish GAP Intraday High $169.60 : 2024/09/03 - Bearish GAP Intraday High $164.62 : 2025/01/14 - 2nd Leg Upper Trend $137.03 : 2024/11/15 - 1st Leg Upper Trend The Doji from July 31, 2024 with the high of $196.95 and/or low of $183.86 is currently decisive! Why? Because it was the day before the news that Robert “Kelly” Ortberg was coming out of retirement and taking over the leadership from August 8th. The long BA 4XSetUp from back then was a short crash! No question? Because the price action of the share fell to $137.03 on November 15, 2024. An excellent example is that it is worthwhile to operate with stop prices and/or target prices - even if long-term arguments argue that you could have sat it out!? Sure - in hindsight, are you always smarter! Be that as it may, the current price action of the BA price action is again at $185.44 - the story is clear and let's focus on it. It's a classic turnaround story; Directed by Robert “Kelly” Ortberg and his team. But the traders and/or investors are still undecided! Where is the journey going? Which is why we should initially pay the greatest attention to the price action between $196.95 and/or even $183.86. Because if traders and/investors send the price action back above $196.95, BA will be under pressure to deliver - as far as the coming quarterly figures are concerned. And if traders and/or investors send the price action back below $183.86 - that would mean that the expectations would be out for now. And the story is maybe over before it starts.
However, two bearish GAPs that have currently been recaptured by the bulls make me confident that we could see $200 and more again in 2025. Between $171.49 & $169.60 and/or also $183.86 & $179.40. It is therefore important to pay attention to these four price action areas, if you will. Because a price action below $169.60 would mean that we would have something like a short-term trend reversal formation from December 2024. And that would be bearish. Vice versa: a price action above $183.86 is a still pretty good slightly bullish price action development, since $137.03, from 15.11.2025 even the 2024 yearly low, Which is why I placed the stop price the way I did. A break of the uptrend from 15th November 2024 & 14th January 2025 at $137.03 & $164.62? That would be a great source of food for pessimists and/or bears! But not as bad as the fall under the two bearish GAPs. Because a fall of the price action under both bearish GAPs would not be only an evidence of a weakening bullish momentum, rather the beginning of a trend reversal formation. At least in my opinion.
Have a good time - regardless of the price action! Aaron
“daily 4XSetUps - …” is pure information material! By trying to give you even more information about some trading capabilities to trade and/or invest in some securities. This post is not a call to action - it only provides information. You decide (not) to decide. Even if I am writing daily 4XSetUps with concrete entry prices, target prices and/or also stop prices! It is like it is - like I said; You decide to respond to the analysis I just formulated to buy, to sell, or to do nothing! More information about my approaches to investing in something specific or just trading it, or even just describing it, can be found in the daily "Another 48h - DXY ...! Analysis Post. Where I try to track the price action in DXY every day so that we learn something new daily.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.