BOEING - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BA is overall bullish, trading inside our brown channel and since it is retesting the lower brown trendline and round number 200.0, we will be looking for trend-following buy setups.
on DAILY: BA formed a valid channel in red , but it is not ready to go yet. Before we buy, we want the bulls to take over again.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, BA would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BA
Boeing taxiing on the runway once again..!This is a very important support level and could lead to a low-risk price action trade!
There is a good chance BA move to 225, however, if it broke below 24.60, it could go down to 190-195 level.
Entry: 206
Stop loss: 204.59 (190 long term)
Reward/Risk: 13.5
Target range: 225
Time Frame: 2-4 wks
Possible gain: 9.2%
Possible loss: 0.68%
Position size: 5 % of trading capital
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
BA 2 Possible OutcomesAs much as Boeing sucks the company should remain bullish especially once an official rotation begins into aircrafts / travel.
This one is personally one of the tickers I rarely will ever trade and is nearly a no trade stock for me as it's irrational af . I believe the lvls to buy commons at are 194 , 160 .
Scooping up at these prices are amazing , 160 is only possible due to gap fill that may be there due to poor ER or even good ER .. who knows the stock does whatever it wants.
Expect 300 - 400 + in the long term for BA easily. Buy it, forget it.
BOEING COMPANY - $400 targetBoeing Forecasts Africa’s 20-year Commercial Aviation Market Opportunity Valued at Nearly $400 Billion
Boeing forecasts that Africa’s airlines will require 1,030 new airplanes by 2040 valued at $160 billion and aftermarket services such as manufacturing and repair worth $235 billion, enabling growth for air travel and economies across the continent. Boeing shared the projection as part of the 2021 Commercial Market Outlook (CMO), the company’s long-term assessment of demand for commercial airplanes and services.
Higher Commercial Deliveries to Aid Boeing (BA) Q3 Earnings
The Boeing Company is set to release third-quarter 2021 results on Oct 27, before the opening bell.
In the last reported quarter, the company delivered an earnings surprise of 161.54%. Massive commercial deliveries might have offset unchanged defense deliveries, which, in turn, are expected to have boosted Boeing’s performance in the third quarter.
BA - Needs a little bit more time Continues to struggle and after last weeks candle, it looks like a good short candidate now into the green zone below between $194-$205. I would look to enter some 1-3-month out $210/$215 puts. $232.10 remains a strong resistance but this is likely the last leg down for Boeing and I am not going to miss the move it has into it's major wave 3 so once again, I will be a buyer in that $194-205 zone with 1-2 year out calls.
This descending triangle has an 88pt implied move into the yellow box above with an Apex late next month.
BOEING - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BA is overall bullish , trading inside our brown channel and since it is retesting the lower brown trendline and round number 200.0, we will be looking for trend-following buy setups.
on DAILY: BA is forming a channel in red, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BA would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Weekly Watchlist! 10/11 - 10/15Here is what stocks we are watching this week as well as a recap of last week's watchlist!
Let us know if you have any questions down in the comments!
NYSE:BA
Nice Pennant forming here.
We will be taking a move over $230 with targets of $231, $232, $234
NYSE:SNOW
Nice level forming on SNOW at $328
We will be taking a move over $328 with targets of $330, $333, and $340
$FB $SQ $BA $BABA I OptionsSwing WatchlistFB 2H I Watching FB for a breakout from this downtrend. Its trading nearly 15% down from ATH levels, after beating last ER. Reports on earnings on 10/25 AMC.
SQ 4H I SQ dipped last week to later recover and hit our pt at $250. The SQ $245c 10/08 calls we highlighted went from $2.87 to $7.35! Expecting a pullback to $230 now.
BA 1D I Expecting BA to break the $230 level and head to $250 before earnings on 10/27. Bullish activity has been betting on a breakout from this downtrend.
BABA 1D I BABA is finally bouncing and running up into earnings on 11/04. Its up 12% from our entry last week and we expect BABA to hit $175 before earnings.
Boeing Regression Trend BreakoutLT Price Target - $320 (Mid December)
ST Price Target - $220 (Early November)
Boeing took a hard hit post Covid market crash and is ready to turn to the upside after its earnings report the 27th.
Looking to enter November for a strong push towards the $320 mark.
Chart seems to have broken out of a bullish wedge pattern, bouncing off of its resistance trend line.
If bearish momentum continues.. stoploss at $200-205
BOEING : FUNDAMENTAL ANALYSIS + PRICE ACTION + NEXT TARGET The 737 MAX flight ban and the COVID-19 pandemic combined caused demand for Boeing commercial aircraft to decline to start in 2019. Cargo aircraft has been a rare source of positive momentum in the company's commercial aircraft business. Supply chain bottlenecks and a sharp decline in long-haul passenger flights, which can carry significant amounts of cargo on the belly, have increased demand for dedicated cargo aircraft.
However, Boeing's recent level of order and delivery activity in the freighter market does not appear sustainable. A large supply of used aircraft suitable for conversion to cargo aircraft, growing competition from Airbus, and new emissions regulations will deeply reduce Boeing's cargo aircraft business by the end of the 2020s.
The 737 MAX crisis has decimated Boeing's narrow-body franchise. To be fair, deliveries resumed last year, and order activity began to pick up. Nevertheless, Boeing 737 MAX deliveries still lag far behind those of the Airbus A320neo family, and the 737 MAX order book remains much smaller than it was a few years ago.
Because of this, Boeing is particularly reliant on wide-body aircraft, where the company has a stronger market position than Airbus. However, demand for passenger wide-body aircraft has plummeted as the pandemic and its accompanying international restrictions on long-haul travel have led to a collapse.
As a result, cargo planes suddenly became an important part of Boeing's range. Between April 2020 and the end of August 2021, Boeing delivered 123 wide-body aircraft, including a total of 46 passenger models. The company also delivered 14 Boeing 767s to its defense division for conversion to the KC-46A Pegasus military tanker. Cargo aircraft accounted for the remaining 63 wide-body aircraft: more than half of the total deliveries.
During the same period, Boeing received 136 gross orders for wide-body aircraft. This number includes only 33 orders for passenger wide-body aircraft, 29 orders for military tankers, and 74 orders for cargo aircraft. (Moreover, the number of canceled orders far exceeded the number of gross orders for Boeing widebody passenger aircraft.)
The recent surge in demand for new cargo planes won't last more than a few years. First, the pandemic caused temporary outages, which increased the workload of dedicated cargo planes. As noted above, the sharp decline in passenger traffic has taken a significant amount of capacity out of the air cargo market. In addition, global supply chain problems have caused some shippers to resort to air freight for goods that would normally be shipped by sea. These disruptions will not last forever.
Second, a huge number of wide-body planes are idle because of the pandemic. Many of them will eventually be converted to cargo planes rather than return to passenger transportation. Indeed, Boeing's long-term market forecast calls for only 890 new freighters over the next two decades, compared to 1,720 conversions of passenger planes to freighters.
Third, under current emissions regulations, Boeing will have to stop producing all existing models of cargo aircraft by the end of 2027. This may provide short-term sales growth as some customers seek to buy discounted 767F and 777F models before Boeing ceases production. But it also means that the industry giant will have to develop a new freighter soon to continue this line of business.
Boeing has dominated the market for new cargo planes in recent years. Airbus began shipping a cargo version of its A330 in 2010, but the A330-200F has only received 38 orders in its lifetime. However, Airbus intends to change its fortunes in the future. It recently began selling a freighter based on the much more fuel-efficient A350, which is scheduled to enter service in 2025.
Airbus has not yet announced orders for the A350 freighter, but company executives have said that numerous cargo airlines are interested in it. Meanwhile, Boeing is considering a cargo version of its next-generation 777X but has not yet made a decision. In the short term, it needs to certify passenger versions of the 777X first.
As a result, Airbus may gain a significant advantage over Boeing in selling next-generation cargo planes to customers for whom low fuel costs and emissions reductions are paramount. This would prevent Boeing from repeating its current dominance of the freighter market after 2025.
Boeing's estimate of 890 new freighters over the next 20 years implies an average of less than 45 deliveries per year. If Airbus can capture nearly half of the market, Boeing's annual cargo aircraft deliveries could drop to 25 units by the end of the 2020s, well below recent levels. The shrinking freighter business makes a resurgence in demand for widebody passenger jets even more important to Boeing's turnaround prospects.
Boeing cruising at the resistance altitude!Trading Boeing in this channel could be the best trading setup in the past 6 months.
Yesterday's trading volume increased 63% in comparison to the past 5-day average, which means it is highly likely being got rejected from this altitude!
you can wait for confirmation!
$BA | WEEKLY WATCHLIST 9/27An extremely frustrating stock that feels like it's been bull-flagging forever. If you look at the previous trends, this stock has the tendency to drag out like crazy before exploding. Wave 4 looks to be in, bouncing off the 50% retracement multiple times and showing a complete ABCDE corrective phase.
As long as the $210 area holds, we should see a nice impulsive move up to the $300 area by December.
Actively watching flow and chart for potential long swing entry! Please view chart for in-depth breakdown of suggested play.
Will the Airlines finally take off??GREETINGS!
I've made several posts on Rolls Royce and Raytheon the past few months. Ultimately, we remain bullish for another leg up, but the back-and-forth price action has been exhausting.
Why are we bullish? Well, my strategies involve a simplistic basis of eliot wave theory which shows airlines and major indices have another leg, but I also consider other non-voodoo indicators. For example, Look at the put/call ratio or general market sentiment... EVERYONE IS BEARISH . The contrarian should be salivating.
I'm here to provide an update on the RTX play. The primary count is still active, although price targets have changed slightly from the previous post (see related ideas below to see the DD).
Here I think we are compressing into a triangle wave 4 of C, resulting in a delayed takeoff. I have the 1.272 extension at $95, but we could go to the 1.618 near $105 which would also result in a sharp peak out of the channel, which we often look for for blow-off tops.
Triangles can be annoying to trade, depending on your time commitment available for your capital to be tied-up. This is because intermediate waves often consist of fakeouts! In this case, I think it's time to accumulate! I will be purchasing RYCEY and RTX (at these prices) as my primary exposure to the airline sector.
Good luck!
Boeing | Fundamental Analysis | Short scenario info update.Boeing has started to regain order momentum in 2021 after two crises - the 737 MAX flight ban and the COVID-19 pandemic. In the first eight months of this year, the aerospace giant received 315 net orders for commercial aircraft. That is a welcome change after two years of negative net orders.
However, Boeing continues to fight hard to produce aircraft reliably and pass them on to customers. That will cause the company to continue to squander cash and could jeopardize its future recovery.
Boeing received 53 gross orders in August. Leading the way was the 737 MAX, with 35 orders from several customers, including Alaska Air and United Airlines. Boeing also recorded 11 orders for the 777 freighter - mostly from unspecified customers - and seven orders for the 787-9 Dreamliner (also from unspecified customers).
Net of cancellations and other adjustments, Boeing recorded 45 net orders in August. This increased orders to 4,164 commercial jets. By comparison, Airbus attracted 99 net orders last month. While Boeing still leads in orders for 2021, Airbus has many more orders in its portfolio, nearly 7,000 as of Aug. 31.
Airbus' significant order lead - especially in the narrow-body market - is a concern for Boeing. But Boeing's inability to deliver aircraft in large volumes is a much more pressing problem.
Last month, the company delivered just 22 commercial jets, compared to Airbus' 40. Similarly, in the first eight months of 2021, Boeing delivered 206 aircraft, while Airbus delivered 384.
The 787 Dreamliner series has been a notable upset in this regard. Boeing delivered just 14 787s in 2021, all from March through June. Just two years ago, the company was building and delivering 14 787s each month.
Over the past year, Boeing has identified several types of manufacturing defects affecting some Dreamliner aircraft. So far, the company has been unable to agree with the Federal Aviation Administration (FAA) on a method of inspecting previously built 787s to make sure they are free of defects, which led to the latest supply halt.
More than 100 787s are currently stuck in the company's warehouses. According to The Wall Street Journal, Boeing won't be able to resume deliveries until at least the end of October.
The longer the delivery pause lasts, the greater the risk of triggering contract provisions that would allow customers to cancel orders without penalty. Given how slowly the demand for long-haul aircraft is recovering, many will not hesitate to take this chance.
Boeing's progress in eliminating the 737 MAX inventory is also disappointing. The company had about 425 737 MAXs in inventory at the beginning of the year, and in the first half of 2021, that number was down by only 35. With 22 additional 737 MAX deliveries in July and just 14 in August, Boeing made little progress in reducing 737 MAX inventory this quarter.
In the near term, Boeing's slow pace of aircraft deliveries will hurt cash flow. (Airlines typically pay most of the purchase price of an airplane after it is delivered.) Last quarter, Boeing delivered 79 commercial airplanes and drained $705 million in cash. Given that aircraft deliveries will reach the same level in the third quarter -- and with a weaker product mix -- Boeing will again be rapidly burning through cash.
In addition, the excruciatingly slow pace of shipments of the 737 MAX calls into question underlying demand for the model. Airbus has had no problem turning over significantly more A320neo family aircraft to customers this year, despite the pandemic.
Looking ahead, the 787 production problems will make Boeing's recovery more difficult. Boeing has already begun cutting production of the 787 family from 14 to 10 planes a month in 2020. With only 428 direct Dreamliner orders left, of which more than 100 have already been built, even a production rate of 10 months will be difficult to maintain in the near term (unless there is a surge in orders).
If customers start to exercise the right to cancel orders, Boeing could be forced to keep production well below ten aircraft per month for the foreseeable future. It will undoubtedly limit future profits and cash flow.
Fun Prediction for $BA - Must See!I decided to make my own prediction and draw in my own RSI, MACD, & 50 MA lines from today (9/14/21) through (2/25/22).
The pink bells indicate past explosive bullish movement (ER run ups?)
I have also created a fib extension from the last impulse wave
Let me know what you guys think of my prediction!
My Plan for 9/14/21 - 9/24/21
Entries: $214, 213.50
Exits: $218, 218.50, $220
Once any of my entries are triggered, I will hop in a $BA $217.5c 9/24/21 (3.30)
-Gordy