Boeing Company (The)Short
BA headed back down?
Popped on headlines of virus and FFA news but did what boeing always does........... Spike like crazy then turn.
We have a .382 fib retracement at 191.82
Below that you have the .50 retracement at 182.24
Should be able to short down to 182 area but as you know this stock reacts either direction so be careful either way. With more lockdowns in the media and making headlines I dont see any reason it would spike again before finding a new bottom and we are not there yet.
Below is information pulled from Barchart.
Pivot Point 1st Resistance Point 204.41
201.79 Pivot Point
201.31 14-3 Day Raw Stochastic at 70%
Last 199.62 Last
Low 199.17 Low
198.16 38.2% Retracement From 52 Week Low
Pivot Point 1st Support Point 197.00
195.88 Price Crosses 9 Day Moving Average
Pivot Point 2nd Support Point 194.38
194.28 3-10-16 Day MACD Moving Average Stalls
191.91 38.2% Retracement From 13 Week High
191.91 38.2% Retracement From 4 Week High
188.69 Price Crosses 18 Day Moving Average Stalls
186.83 14-3 Day Raw Stochastic at 50%
182.30 50% Retracement From 13 Week High/Low This should be our exit for a short position or close to it.
182.30 50% Retracement From 4 Week High/Low
177.97 14 Day RSI at 50%
176.26 Price Crosses 18 Day Moving Average
172.69 38.2% Retracement From 4 Week Low
172.69 38.2% Retracement From 13 Week Low
172.35 14-3 Day Raw Stochastic at 30%
169.62 Price Crosses 40 Day Moving Average
166.08 Price Crosses 40 Day Moving Average Stalls
165.12 14-3 Day Raw Stochastic at 20%
148.14 Price Crosses 9 Day Moving Average Stalls
1-Month Low 141.58
13-Week Low 141.58
14 Day RSI at 30% 110.58
52-Week Low 89.00
14 Day RSI at 20% 26.33
0.00 Price Crosses 18-40 Day Moving Average
0.00 Price Crosses 9-40 Day Moving Average
0.00 Price Crosses 9-18 Day Moving Average
We have a .382 fib retracement at 191.82
Below that you have the .50 retracement at 182.24
Should be able to short down to 182 area but as you know this stock reacts either direction so be careful either way. With more lockdowns in the media and making headlines I dont see any reason it would spike again before finding a new bottom and we are not there yet.
Below is information pulled from Barchart.
Pivot Point 1st Resistance Point 204.41
201.79 Pivot Point
201.31 14-3 Day Raw Stochastic at 70%
Last 199.62 Last
Low 199.17 Low
198.16 38.2% Retracement From 52 Week Low
Pivot Point 1st Support Point 197.00
195.88 Price Crosses 9 Day Moving Average
Pivot Point 2nd Support Point 194.38
194.28 3-10-16 Day MACD Moving Average Stalls
191.91 38.2% Retracement From 13 Week High
191.91 38.2% Retracement From 4 Week High
188.69 Price Crosses 18 Day Moving Average Stalls
186.83 14-3 Day Raw Stochastic at 50%
182.30 50% Retracement From 13 Week High/Low This should be our exit for a short position or close to it.
182.30 50% Retracement From 4 Week High/Low
177.97 14 Day RSI at 50%
176.26 Price Crosses 18 Day Moving Average
172.69 38.2% Retracement From 4 Week Low
172.69 38.2% Retracement From 13 Week Low
172.35 14-3 Day Raw Stochastic at 30%
169.62 Price Crosses 40 Day Moving Average
166.08 Price Crosses 40 Day Moving Average Stalls
165.12 14-3 Day Raw Stochastic at 20%
148.14 Price Crosses 9 Day Moving Average Stalls
1-Month Low 141.58
13-Week Low 141.58
14 Day RSI at 30% 110.58
52-Week Low 89.00
14 Day RSI at 20% 26.33
0.00 Price Crosses 18-40 Day Moving Average
0.00 Price Crosses 9-40 Day Moving Average
0.00 Price Crosses 9-18 Day Moving Average
Disclaimer
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.