Aerospace
ITA Aero-Defence etf bottommed if 93 holds & it BO channel @103ITA has been in a downchannel even before invasion. It only overshot during invasion to make an ATH @113.37. Since then, it made an ABC corrective wave & came back down to retest channel base near the 93 zone.
BULLISH CASE: it bounced after retesting channel base @93 but was stalled by ma50.. 93 is a VOLUME PROFILE zone & is the Fib 0.382 retracement level. It is also the vwap from 2009 low. If 93 holds,
ITA will break above ma50 & target the 103 yellow resistance zone & try to BO of the downchannel started in May2021. 103 is the 0.382 Fib level.
BEARISH CASE WARNING: if ITA fails 93 zone & break down from the channel, there is very low volume below until 85, with only a small support at 90. Measuring the H&S move from ATH will send ITA to as low as the 80 zone.
Not trading advice
Airbus (AIR.pa) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the French company Airbus SE (AIR.pa). Airbus SE is a European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft in Europe and various countries outside Europe. The company has three divisions: Commercial Aircraft (Airbus S.A.S.), Defence and Space, and Helicopters, the third being the largest in its industry in terms of revenues and turbine helicopter deliveries. As of 2019, Airbus is the world's largest airliner manufacturer. The Falling Wedge has broken through the resistance line on 08/07/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next nine days towards 99.80 EUR. Your stop-loss order, according to experts, should be placed at 88.91 EUR if you decide to enter this position.
Qatar Airways has indicated that a provisional agreement to buy up to 50 Boeing 737 MAX jets has lapsed, Boeing's rival Airbus said in a court document released on Thursday.
The deal, signed in Washington in January, is part of a series of inter-locking agreements caught up in a London court dispute between Airbus and the Gulf carrier over a larger jet.
Airbus requested a copy of the Boeing 737 MAX agreement after the airline brought it up as part of its bid for compensation for damage to the A350, now worth $1.4 billion.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
6/5/22 LMTLockheed Martin Corporation ( NYSE:LMT )
Sector: Electronic Technology (Aerospace & Defense)
Market Capitalization: 117.803B
Current Price: $442.69
Breakout price: $446.45
Buy Zone (Top/Bottom Range): $439.40-$426.40
Price Target: $474.40-$485.30 (3rd)
Estimated Duration to Target: 70-73d (3rd)
Contract of Interest: $LMT 9/16/22 445c
Trade price as of publish date: $21.35/contract
Lockheed Martin (LMT) bullish scenario:The technical figure Pennant can be found in the US company Lockheed Martin Corporation (LMT) at daily chart. Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry The Pennant has broken through the resistance line on 25/05/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 8 days towards 461.30 USD. Your stop loss order according to experts should be placed at 417.29 USD if you decide to enter this position.
Lockheed (LMT) Wins $31M Deal to Support F-35 Jet Program. Valued at $30.5 million, the contract is expected to be completed by April 2024. The award includes the development and delivery of F-35 pilot training device capability to support its continuous capability development and delivery plan.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
5/11/22 BABoeing Company (The) ( NYSE:BA )
Sector: Electronic Technology (Aerospace & Defense)
Market Capitalization: $78.658B
Current Price: $132.95
Breakdown price: $130.20
Sell Zone (Top/Bottom Range): $167.05-$143.75
Price Target: $92.00-$90.90
Estimated Duration to Target: 129-137d
Contract of Interest: $BA 8/19/22 125p
Trade price as of publish date: $10.30/contract
Airbus SE (AIR.pa) bullish scenario:The technical figure Triangle can be found in the French company Airbus SE (AIR.pa) at daily chart. Airbus SE is a European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft in Europe and various countries outside Europe. The company has three divisions: Commercial Aircraft (Airbus S.A.S.), Defence and Space, and Helicopters, the third being the largest in its industry in terms of revenues and turbine helicopter deliveries. As of 2019, Airbus is the world's largest airliner manufacturer. The Triangle has broken through the resistance line on 06/05/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 17 days towards 117.08 EUR. Your stop loss order according to experts should be placed at 100.56 EUR if you decide to enter this position.
Shares in Airbus SA, +6.28% rose Thursday after the company posted first-quarter earnings above market expectations and said it would boost future production rates for its A320.
The European plane maker reported adjusted earnings before interest and taxes–a key profitability metric–of 1.26 billion euros ($1.34 billion) for the quarter, up from EUR694 million a year earlier. The figure beat analysts’ forecasts of EUR719 million. Net profit jumped to EUR1.22 billion, beating analysts’ views of EUR460 million.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
BA is on my watchlist. Here is why. Boeing is one of the biggest airplane manufacturers in the world. Alongside producing other technologies regarding the aerospace industry.
* Since 2019, Boeing has been going through tough periods and a clear bearish trend that reached an 80% decline in march 2020.
* Since there the price has been moving up, and after the breakout of the descending trendline, we have been observing a consolidation movement (yellow lines)
* These types of consolidations in the weekly chart tend to be amazing opportunities to wait for the breakout and look for trading opportunities after that.
Let's take a look at the weekly logarithmic chart:
As you can see, this is not the first time Boeing has been on a huge bearish trend. That's why studying all these previous situations may bring great insight into what we are waiting for before trading.
At the moment, my plan is: Wait for the breakout and look for a correction + study what past corrections look like in the previous scenarios. I will expand this idea after further study.
Remember: DEFINE everything in advance and wait for the price to fulfill your filter or cancel your setup. That's a powerful edge.
Feel free to share your view or chart in the comments!
2/13/22 RTXRaytheon Technologies Corporation ( NYSE:RTX )
Sector: Electronic Technology (Aerospace & Defense)
Market Capitalization: 142.598B
Current Price: $95.27
Breakout price: $94.60 (hold above)
Buy Zone (Top/Bottom Range): $94.50-$89.40
Price Target: $99.80-$100.60 (1st), $126.00-$127.40 (2nd)
Estimated Duration to Target: 48-52d (1st), 540-560d (2nd)
Contract of Interest: $RTX 3/18/22 100c, $RTX 1/20/23 100c
Trade price as of publish date: $1.26/contract, $7.15/contract
2/13/22 LMTLockheed Martin Corporation ( NYSE:LMT )
Sector: Electronic Technology (Aerospace & Defense)
Market Capitalization: 107.893B
Current Price: $396.19
Breakout price: $396.00 (hold above)
Buy Zone (Top/Bottom Range): $384.80-$369.85
Price Target: $416.00-$420.00 (1st), $434.00-$442.00 (2nd)
Estimated Duration to Target: 103-110d (1st), 211-221d (2nd)
Contract of Interest: $LMT 6/17/22 400c, $LMT 9/16/22 400c
Trade price as of publish date: $19.40/contract, $25.30/contract
MAXR Cup & Handle + Fibonacci Bounce?!WEEKLY CHART
- Cup and Handle pattern. The handle needs stay above this level.
- Needs to bounce around $25.40. (.65 or .618 fib level)
- Zacks Investment Research Upgrades Maxar Technologies to Buy. (3 weeks ago)
- NGA Awards Maxar With G-EGD Contract Renewal For Mission-Ready Satellite Imagery (Valued at $44 million. This is the second of three option years for the contract, which has a total value of up to $176 million.)
Dislike:
- Volume is getting weaker.
- Earnings on 11/3.
-----------------------------------------> I like MAXR $40 Call 4/14/22 <-------------------------------------------------------
Safran SA (SAF.pa) bearish scenario:The technical figure Pennant can be found in French company Safran SA (SAF.pa) at daily chart. Safran S.A. is a French multinational aircraft engine, rocket engine, aerospace-component and defense corporation. Employing over 95,000 people and generating 24.64 billion euros in sales in 2019, Safran operates in the aircraft propulsion and equipment, space and defense markets. The Pennant has broken through the support line on 20/10/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 7 days towards 105.90 EUR. Your stop loss order according to experts should be placed at 117.22 EUR if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Potential in BoeingBA hasn’t participated much in this bull market recovery. Impacting them are political risks with China continuing to halt repurchases of the the 737 Max for domestic travel use. Imo R/R is favorable for longs at current levels, with much of the negative news already out and factored into the market. It might just be time for BA sooner than bulls and bears believe...
It is time to short boeing.All right folks, boeing on the 1day has officially broke the VWAP and has continued to fall post-market. Now is a good time to take advantage of the negative news as well as the market correction. Delta rising, boeing problems rising (mechanical, etc).
Why short boeing
MACD bearish volume with no curve
VWAP broken without big bounce at VWAP
RSI has new LL
Targets:
192.36
175.42
Falling to BBand at 158 would be pushing it but for a longer term holder could be plausible.
SL @ 219
Good luck
Please note: I do short term holding, will not hold this position longer than a day or two. Check back for updates.
Go long LMTTrading in a channel with some healthy consolidation. 50 day SMA passed through 200 day SMA (Golden Cross)
Trading at a discount with only a 15 P/E ratio.
Fair Value Estimate from Morningstar: $436
Implied Upside from Last Close: 15%
Lockheed just landed a big sale to Switzerland of their F15 jets beating out Boeing
AVAV : BLUE SKY / SWING TRADEAgEagle Aerial stock jumps in wake of AeroVironment's Arcturus deal
AgEagle Aerial Systems (NYSEMKT:UAVS) shares fly up 21% after a $405M acquisition announced late yesterday in the unmanned aircraft systems space may be be raising investors' hopes for more consolidation in the industry.
After Wednesday's close AeroVironment (NASDAQ:AVAV) agreed to acquire privately held Arcturus UAV in cash and stock.
In the past year, UAVS shares have skyrocketed to $9.39 from 55 cents, with its ascent accelerating midyear amid speculation that the company was working with Amazon on a delivery drone.
UAVS shares surge more than 1,000% in the past year.
SOURCE : Jan. 14, 2021 4:02 PM ETAgEagle Aerial Systems, Inc. (UAVS)By: Liz Kiesche, SA News Editor, SeekingAlpha
seekingalpha.com
Boeing In Clear Ascending ChannelBoeing Current Price - $253.15 Price Target - $320.
The CDC is now saying once you get vaccinated you dont need to be quarantined to travel. They even said you can travel with a vaccine at “low risk” this is huge for aviation sentiment which was already strong and growing. With consumer saving rates at an all time high and the green light to travel from the CDC expect Boeing to roar next week. Orders for American Airlines & Alaskan Air last week is just the start of new orders for Boeing, after this news more airlines will be looking to make investments into aviation. The recent engine issues that grounded some planes is a minor fix and wont seriously impact Boeing.
Virgin Galactic, will it do it again? It usually bounces between 60 and 170 percent, previously it has respected the buy and sell signals of the squeeze momentum indicator, if repeated it could return to a minimum of 40 dollars and a maximum to the range of 50-60 during the next quarter.
It has a strong support around $23 and a significant resistance at $35, if it passes it, we should expect a greater rise. And in the other case, if it breaks the support, the next bottom is at 20 dollars, more than that it is practically impossible for it to fall.
NYSE:SPCE
Virgin GalacticMission:
Our mission – to be the spaceline for Earth – means we focus on using space for good while delivering an unparalleled customer experience. Through our work, we believe we can help inspire future generations and make it possible to see our beautiful home planet from a new perspective.
Recent News:
1. Virgin Galactic today unveiled the Company’s first Spaceship III in its growing fleet, VSS Imagine. The spaceship showcases Virgin Galactic’s innovation in design and astronaut experience. Imagine also demonstrates progress toward efficient design and production, as Virgin Galactic works to scale the business for the long-term. VSS Imagine will commence ground testing, with glide flights planned for this summer from Spaceport America in New Mexico.
2. VSS Imagine will commence ground testing, with glide flights this summer
Breakthrough livery design allows Imagine to mirror the surrounding environment as it moves from Earth to Space
Manufacturing ramps up on next SpaceShip III in the fleet, VSS Inspire
3. Land Rover has announced a three-year extension to its global partnership with Virgin Galactic, the world’s first commercial ‘spaceline’.
Virgin Galactic’s latest spaceship was unveiled today, supported by a Range Rover Astronaut Edition. Land Rover will remain an integrated part of Virgin Galactic’s day-to-day operations as the company completes test flights with ‘SpaceShipTwo’ and begins a regular commercial service.
Land Rover vehicles are part of daily life for the Virgin Galactic team, with roles which include towing the space vehicles, carrying equipment and clearing runways before take-off. They played key roles during the company’s first two spaceflights which saw Virgin Galactic become the first private company to fly humans to space on a spaceship designed for commercial service. A fleet of Land Rovers also supported Virgin Galactic’s relocation from its manufacturing and test facilities in Mojave, California, to Spaceport America in New Mexico – the world’s first purpose-built commercial spaceport.
What do you think?
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Lockheed profit target 25%I picked up some Lockheed Martin today, because both value and sentiment on the stock are looking too good to resist.
Value
I estimate Lockheed's forward P/E at about 12.5, which is really cheap for a megacap. Forward P/S is 1.5, and forward dividend yield is over 3%. I estimate Lockheed's PEG ratio at about 2, with the annual earnings growth rate sitting near 4%, the sales and dividend growth rates closer to 2.5%, and the free cash flow growth rate near 5%. These are pretty great numbers. Lockheed has about 23% upside to its median price multiple of the last 4 years. Its main competitor, Boeing, has been hemorrhaging money like a catastrophic head wound hemorrhages blood. Meanwhile, Lockheed's been enjoying tailwinds from recovery of TSA throughput numbers, proposed acquisition of Aerojet Rocketdyne, and announcement of a large UK military budget this year.
Sentiment
Analysts give Lockheed an average rating of 7.8/10, a solid "Buy." This rating has recently improved a few points. S&P Global gives Lockheed's fundamentals an average score of 77.25/100. Its ESG score is about average for its industry. Open interest from options traders is in very bullish territory, with a 30-day put/call ratio of 0.5. TradingView's technicals-o-meter is flashing "buy." The average analyst price target for Lockheed is more than 15% above the current price.
Trading plan
I sketched out a tentative view on how Lockheed might move from here. We're sitting right at a resistance and hopefully about to break out. If we get through resistance here, I'm looking for a fairly decisive move to about $394.50. From there, I'm thinking we dither for a while. A lot will depend on conditions in the larger economy, but with vaccinations, stimulus checks, and geopolitical tensions, I suspect Lockheed will eventually break out toward its all-time high. If it hits my second target, the profit from the trade will be about 25%. I'm hoping it gets there by the end of 2021.
3D Printing ETF - Time for us to BUY 😊 ✔️Correction generates OPPORTUNITY.
We have been waiting to see Support and BUY this beautiful, amazing, incredible, FANTASTIC ETF.
The 3D Printing ETF (PRNT) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Total 3D-Printing Index, which is designed to track the price movements of stocks of companies involved in the 3D printing industry.
3D PRINTING is an industry you might also want to invest in:
1. 3D printing will become a mainstream technology for serial production
2. Design software for additive becoming more integrated and easier to use
3. 3D printing applications will become adopted (are becoming adopted)
4. 4. Dental is adopting 3D printing as a dominant production technology
5. Micro-chips are being now made with 3d printing ( look at Nano )
6. 3D printing will become smarter, faster, better, more efficient
7. 3d PRINTING IS THE INDUSTRY THAT WILL BOOST AEROSPACE AND DEFENCE (AND SPACE MINING)
This is an industry still in the making, all the R&D will start paying fruits and I am talking for myself: This is a HAPPY DAY for me and I am buying it now!
One Love,
the FXPROFESSOR