Hexcel CorporationKey arguments in support of the idea:
Hexcel Corp. (HXL) engages in the development, manufacture, and marketing of lightweight structural materials. It operates through the Composite Materials and Engineered Products segments. The Composite Materials segment includes carbon fiber, specialty reinforcements, resins, prepregs and other fiber-reinforced matrix materials, and honeycomb core product lines and pultruded profiles. The Engineered Products segment refers to the lightweight high strength composite structures, engineered core and honeycomb products with added functionality, and additive manufacturing.
As of the end of 2024, approximately 40% of Hexcel’s revenue comes from Airbus and 15% from Boeing (BA). The latest quarterly outlook signals flat revenue expectations, although we believe there are still identifiable growth drivers.
While Airbus delivered fewer aircraft in Q1 2025 compared to the same period last year, the company reaffirmed its commitment to expanding production capacity for the A320neo—one of Hexcel’s the most exposed programs. A resolution between the U.S. and EU on tariffs would represent a highly favorable scenario for the company.
Hexcel’s second- and third-largest programs are the Boeing 737 MAX and 787. Recent delivery data from April shows Boeing is gradually increasing production for both aircraft, suggesting that Hexcel’s revenue share from Boeing could rise in 2025 and beyond. For context, Boeing accounted for 25% of Hexcel’s revenue in 2019, 10 ppts higher than the current level.
Hexcel’s stock performance has closely tracked that of Boeing over the past year. However, HXL has yet to fully catch up to Boeing’s recovery. HXL is currently trading above its 50-day moving average and is gradually gaining momentum.
We expect HXL shares to reach $61 within the next 2 months. We recommend setting a stop loss at $49.70.
Boeing
Strong Support, Bullish Setup – Boeing Poised to Reclaim $448Since the Monday, March 2, 2020 candle, Boeing's stock has been trading within a consolidation zone. The price action formed a critical double bottom around the $107.95 region, establishing this level as a strong support zone. This zone has been tested twice and held firmly, signaling robust buying interest and a base formation for a potential long-term uptrend.
🔵 Long-Term Trajectory
The stock is trending within a clearly defined upward price channel marked by two parallel blue trendlines.
The Lower Price Levels in Upward Trajectory have acted as reliable support since the early 2000s.
The Upper Price Levels in Upward Trajectory reflect long-term resistance where price has historically faced selling pressure.
The recent price action has respected the lower boundary of this channel, bouncing off it and heading upward, suggesting bullish momentum is returning.
🔴 Resistance and 🟢 Support Zones
Strong Support Region: $107.95
This is a historically defended level, with long-term demand and a significant reversal observed in past cycles.
Resistance for Shorter Timeframe: $273.93
Price may face selling pressure here. Conservative traders could aim for this TP1 level in the medium term.
Resistance for Higher Timeframe: $448.05
This is a major target (TP2) based on historical resistance levels. The breakout beyond this level would require strong bullish catalysts, but reaching this level is a likely scenario if the current upward channel continues to hold.
📌 Key Levels
• Current Price: $204.72
• Stop Loss: $130 (for long-term position)
This level is beneath the lower consolidation zone and still within the long-term channel—risk is managed accordingly.
• TP1: $273.93
• TP2: $448.05
For shorter-term traders, it's advised to set stop-loss levels based on individual Risk-to-Reward (RR) ratios and market volatility. The range between $130 and $273.93 provides sufficient space to capture shorter-term gains.
🔁 Consolidation Period & Momentum Shift
The "Last Candle Before Consolidation Period" noted in 2020 marked the beginning of prolonged sideways movement. This base-building phase typically precedes strong directional moves. The breakout from this zone and current monthly candle activity above $200 suggest a renewed bullish phase is underway.
💼 Boeing Fundamentals – A Strong Backing for Technical Setup
Boeing remains one of the world’s largest aerospace and defense companies, with a robust order book, government contracts, and recovering commercial aviation demand. Despite past setbacks, including the 737 MAX grounding and pandemic-related disruptions, Boeing has taken strategic steps to:
• Restore investor confidence
• Strengthen its balance sheet
• Increase aircraft deliveries
With increasing global air travel and heightened defense spending, Boeing’s fundamentals support the bullish technical outlook.
This chart analysis suggests a strong long-term bullish opportunity for Boeing (BA). With price bouncing off historical support, and currently respecting the long-term upward channel, the potential to reach TP2 at $448.05 is both technically and fundamentally supported.
🔒 Stop loss at $130 protects against downside while allowing room for volatility.
📈 TP1 at $273.93 for cautious traders, and TP2 at $448.05 for those holding long-term.
Always assess RR ratios and market conditions before entering trades, and adjust your stop-loss dynamically if you're trading short-term.
Boeing (BA, 1W) Falling Wedge + H-Projection TargetOn the weekly chart, Boeing has formed a classic falling wedge — a bullish reversal pattern that typically signals the end of a correction phase. After a sharp decline from $267.97 to $138, price action began to compress within a wedge, forming lower highs and higher lows on declining volume — a textbook setup for a breakout.
The structure remains active: a confirmed breakout above the upper wedge boundary, with a retest near $181.60 (0.618 Fibonacci retracement), would validate the pattern and trigger the next upward phase.
The projected move (H) equals the height of the previous impulse — $130.02. Adding this to the base of the wedge (~$138) yields a technical target of $268.00, aligning with the previous high and completing the structural recovery.
Technical summary:
– Multiple confirmations of wedge support
– Volume declining into the apex (bullish)
– Entry zone: breakout + retest at $181.60
– Mid-level resistance: $198.09 (0.5 Fibo)
– Final target: $267.97–$268.00 (H-projection complete)
Fundamentals:
Despite operational setbacks, Boeing remains structurally positioned for recovery as demand for commercial aircraft rebounds. Additional support could come from improving supply chains, increased defense contracts, and a more dovish outlook from the Federal Reserve heading into 2025.
A breakout above $181.60 and sustained momentum would confirm the falling wedge pattern and activate the H-measured move toward $268. This is a structurally and fundamentally supported mid-term recovery setup
BOEING EARNINGS ABOUT TO PRINT Fundamental Outlook NYSE:BA
Boeing is heading into its Q1 2025 earnings with notable challenges. Ongoing quality-control issues, supply chain disruptions, and a reported negative profit margin are creating headwinds. Additionally, recent negative publicity surrounding production delays and regulatory scrutiny may further dampen investor sentiment. While potential defense contract wins or positive updates on 737 MAX production could provide a lift, the risk of a disappointing earnings report remains high, especially in a volatile aerospace sector.
Technical Analysis (Using Bollinger Bands Strategy)
On the 4-hour chart, Boeing’s stock price is currently trading at $175.46, as seen in the provided chart. Applying Bollinger Bands, the price has recently broken below the lower band, signaling a potential oversold condition but also confirming a strong bearish momentum. The price has been trending below the 20-period moving average within the bands, with the bands widening—a sign of increased volatility. This setup suggests a continuation of the downward move, especially with the recent sharp decline highlighted by the red arrow in the chart.
Target
Wait for bearish confirmation
Entry SHORT: Around $165.50, Targeting $152.00.
Secondary Target: $146.00.
Resistance Levels: $180.00, $185.00, $188.60.
Support Levels: $165.00, $155.00, $148.00.
The price is struggling to reclaim the 20-period moving average, and with earnings approaching, a breakdown below $170.00 could accelerate the decline toward $165.00 or lower. However, a positive earnings surprise—such as strong delivery numbers or improved guidance—could push the price back toward the upper Bollinger Band near $185.00.
QuantSignals.
Best AI news analysis and signals
BA Weekly Options Trade Plan 2025-04-15NYSE:BA BA Weekly Analysis Summary (2025-04-15)
Below is our synthesis of the various models, followed by our final trade conclusion and details.
──────────────────────────────
Comprehensive Summary of Each Model’s Key Points
• Grok/xAI Report – Technicals on BA show that the price (about $155.52) is below the short‐term (and even daily) moving averages with a 5‑minute RSI well into oversold territory (24.71). – The MACD is negative while Bollinger Bands show price near the lower edge. – Market sentiment (including bearish headlines and high put open interest) supports a view of further downside, despite a touch of potential mean‐reversion. – Recommendation: Buy a naked put at the $150 strike (premium ~$0.88) to play a moderately bearish view.
• Gemini/Google Report – Confirms that on a 5‑minute chart BA is trading below key EMAs and shows strong bearish momentum on MACD. – However, the extremely oversold 5‑minute RSI and the fact that the max pain is at $160 (well above current price) introduce a counter‐signal suggesting a possible bounce. – Conclusion: The directional bias is ambiguous; the risk of entering a short when a bounce may occur makes trade timing uncertain. No clear open‐trade setup is recommended.
• Llama/Meta Report – Also notes that BA’s price is below key short‑term moving averages and that the MACD is on the downside. – But Llama points out that the max pain level at $160 and relatively low call premium (e.g. $162.50 call at $0.54) might offer a speculative play on an upward move. – Recommendation: Buy the $162.50 call as a hedge/speculative play, citing the potential for a rally toward the max pain.
• DeepSeek Report – Reiterates the technical picture: BA is trading below its key MAs, the 5‑minute RSI is oversold, and there is strong bearish open interest in puts (notably at the $150 strike). – Their analysis supports a moderately bearish outlook despite the risk of a short‐term bounce. – Recommendation: Buy the $150 July (weekly) put at $0.88, with exit triggers set if BA regains short‑term resistance.
────────────────────────────── 2. Areas of Agreement and Disagreement
• Agreement: – All models agree that BA is trading below key short‑term moving averages and that the 5‑minute technicals (including an extremely low RSI and negative MACD) point to bearish momentum. – There is consensus that options data (with max pain at $160 and strong put open interest at $150) provides key reference points.
• Disagreement: – While Grok and DeepSeek lean into a bearish trade via the $150 put, Gemini highlights conflicting signals (oversold RSI versus bearish momentum) and recommends caution at the open. – Llama instead sees potential for a bounce upward towards max pain and recommends a call trade. – The conflict centers on whether the oversold condition could force a short-term bounce (favoring calls or no trade) versus the prevailing bearish trend (favoring puts).
────────────────────────────── 3. Clear Conclusion
Overall Market Direction Consensus: The majority of the analyses show that while BA has an oversold 5‑minute RSI hinting at a possible short-term bounce, the price action below key EMAs, the negative MACD, bearish news, and heavy put open interest largely indicate a moderately bearish outlook. The ambiguity in the immediate open (as noted by Gemini) is acknowledged, but overall the consensus leans toward further downside pressure.
Recommended Trade: Since we must trade single‑leg, naked options on weekly expiries and we choose one of the provided strikes/prices, we favor the moderately bearish stance. Hence our recommendation is to buy a naked put option.
Trade Parameters: • Instrument: BA • Trade: Buy weekly puts • Strike: $150.00 • Premium: $0.88 (as shown in the current options data) • Expiration: 2025‑04‑17 • Entry Timing: At open • Rationale: This put offers a bearish play that earns from continued downside momentum, even if there is a brief bounce. Liquidity is supported through high open interest and volume at this strike. • Confidence Level: Approximately 65% • Risk/Reward Guidelines: A target exit is set for a roughly 50% profit on the premium (aiming for an option price near $1.32), while a stop‐loss is triggered if BA recovers and breaches key short‑term resistance (around the $156 range) – roughly limiting losses to 50% of the premium.
Key Risks and Considerations: – There is a risk that the oversold condition (RSI at 24.71) could spark a swift bounce, forcing the trade into near‐term losses. – The max pain level at $160 could create upward pressure as expiration nears. – Volatility as indicated by the VIX (30.12) remains elevated, so sudden price swings are possible. – Traders should carefully size positions (not more than 2–3% of account capital) and defend profit targets and stops to limit risk.
────────────────────────────── 4. TRADE_DETAILS (JSON Format)
{ "instrument": "BA", "direction": "put", "strike": 150.0, "expiry": "2025-04-17", "confidence": 0.65, "profit_target": 1.32, "stop_loss": 0.44, "size": 1, "entry_price": 0.88, "entry_timing": "open" }
Disclaimer: This newsletter is not trading or investment advice but for general informational purposes only. This newsletter represents my personal opinions based on proprietary research which I am sharing publicly as my personal blog. Futures, stocks, and options trading of any kind involves a lot of risk. No guarantee of any profit whatsoever is made. In fact, you may lose everything you have. So be very careful. I guarantee no profit whatsoever, You assume the entire cost and risk of any trading or investing activities you choose to undertake. You are solely responsible for making your own investment decisions. Owners/authors of this newsletter, its representatives, its principals, its moderators, and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission, CFTC, or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. By reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are courtesy of TradingView. I am just an end user with no affiliations with them. Information and quotes shared in this blog can be 100% wrong. Markets are risky and can go to 0 at any time. Furthermore, you will not share or copy any content in this blog as it is the authors' IP. By reading this blog, you accept these terms of conditions and acknowledge I am sharing this blog as my personal trading journal, nothing more.
Boeing ($BA) Faces Renewed Scrutiny After Latest Safety ConcernsBoeing (NYSE: NYSE:BA ) stock closed at $156.84 on April 11, gaining 0.85% despite fresh concerns surrounding delayed aircraft deliveries. China's Juneyao Airlines recently postponed the delivery of a 787-9 Dreamliner, originally valued at $120 million. The decision comes amid renewed U.S.-China trade tensions driven by tariff escalations from President Trump’s administration.
This delay could disrupt Juneyao’s planned expansion into European routes this summer. The Dreamliner, known for its long-range capabilities, was central to these international plans. The incident signals how geopolitical strain continues to impact global aviation and commercial aircraft deals.
Boeing has already cautioned that additional tariffs may put more pressure on supply chains. These chains had only recently begun to stabilize following years of pandemic-related disruptions. The company remains exposed to evolving international policies, which can affect order fulfillment and investor sentiment.
Earnings for Boeing are expected on April 23, 2025. Investors are watching closely for guidance on production capacity, deliveries, and any fallout from global trade developments.
Technical Analysis
Boeing is trading within a broad wedge pattern marked by long-term support and resistance trendlines. Price recently bounced from the support, rising sharply to the current level of $156.84. The 50, 100, and 200-day moving averages sit at $163.04, $172.96, and $191.78 respectively.
These levels now act as dynamic resistance. Price remains below all three, signaling overall bearish pressure unless a breakout occurs. A breakout above the resistance trendline may lead to a rally. However, if price fails to gain momentum and breaks below the lower trendline, it could revisit the $89 low from 2020.
Boeing (BA) Share Price Rally Slows Near Key ResistanceBoeing (BA) Share Price Rally Slows Near Key Resistance
The Boeing (BA) stock chart shows that since its March low, the price has surged by approximately 25%, significantly outperforming the S&P 500 index (US SPX 500 mini on FXOpen).
This rally was driven by the news that Boeing secured a contract to develop the next generation of fighter jets for the U.S. Navy, beating its main competitor, Lockheed Martin.
According to Business Insider, this success is tied to Boeing’s development of the F-47 fighter jet under the Next Generation Air Dominance (NGAD) programme, which will bring the company contracts worth around $20 billion.
Technical Analysis of Boeing (BA) Stock
Throughout March, bulls managed to break through local resistance around $172 (as indicated by orange arrows). However, the rally has now reached a stronger obstacle—the $188 level:
This area marks the 2025 high.
Bulls also struggled to sustain prices above $188 in mid-2024.
With the RSI indicator nearing overbought levels, a correction after such an impressive two-month rally seems like a plausible scenario.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
What Rules the Skies Now?In a landmark decision reshaping the future of aerial warfare, Boeing has secured the U.S. Air Force's Next Generation Air Dominance (NGAD) contract, giving rise to the F-47, a sixth-generation fighter poised to redefine air superiority. This advanced aircraft, succeeding the F-22 Raptor, promises unprecedented capabilities in stealth, speed, maneuverability, and payload, signaling a significant leap in aviation technology. The F-47 is not conceived as a solitary platform but as the core of an integrated "family of systems," working in concert with autonomous drone wingmen known as Collaborative Combat Aircraft (CCAs) to project power and enhance mission effectiveness in contested environments.
The development of the F-47 directly responds to the evolving global threat landscape, particularly the advancements made by near-peer adversaries like China and Russia. Designed with a focus on extended range and superior stealth, the F-47 is specifically tailored to operate effectively in high-threat regions, such as the Indo-Pacific. Years of clandestine experimental flight testing have validated key technologies, positioning the F-47 for a potentially accelerated deployment timeline. This next-generation fighter is expected to surpass its predecessors in critical areas, offering enhanced sustainability, supportability, and a reduced operational footprint, all while potentially costing less than the F-22.
The designation "F-47" itself carries historical and symbolic weight, honoring the legacy of the World War II-era P-47 Thunderbolt and commemorating the founding year of the U.S. Air Force. Furthermore, it acknowledges the pivotal role of the 47th President in supporting its development. Design elements observed in early visualizations hint at a lineage with Boeing's experimental aircraft, suggesting a blend of proven concepts and cutting-edge innovation. As the F-47 program moves forward, it represents not only a strategic investment in national security but also a testament to American ingenuity in maintaining its dominance of the skies.
Can Quantum Leap Us into the Cosmos?Boeing's venture into the quantum realm is not just an exploration; it's a bold leap forward into a universe where technology transcends traditional boundaries. Through its involvement in the Quantum in Space Collaboration and the pioneering Q4S satellite project, Boeing is at the forefront of harnessing quantum mechanics for space applications. This initiative promises to revolutionize how we communicate, navigate, and secure data across the vast expanse of space, potentially unlocking new realms of scientific discovery and commercial opportunity.
Imagine a world where quantum sensors offer unprecedented precision, where quantum computers process data at speeds and volumes previously unimagined, and where communications are secured beyond the reach of conventional decryption. Boeing's efforts are not merely about technological advancement; they are about redefining the very fabric of space exploration and security. By demonstrating quantum entanglement swapping in orbit with the Q4S satellite, Boeing is laying the groundwork for a global quantum internet. This network could connect Earth to the stars with unbreakable security and accuracy.
This journey into quantum space technology challenges our understanding of physics and our expectations for the future. With its history of aerospace innovation, Boeing is now poised to lead in an area where the stakes are as high as the potential rewards. The implications of this work extend far beyond secure communications; they touch on every aspect of space utilization, from manufacturing in microgravity to precise environmental monitoring of our planet and beyond. As we stand on the brink of this new frontier, the question isn't just about what quantum technology can do for space, but how it will transform our very approach to living, exploring, and understanding the cosmos.
Boeing: More RoomBoeing recently climbed higher, and we still grant the magenta wave slightly more room on the upside. However, this corrective upward movement should come to an end below the resistance at $197.20 and transition into the sell-off phase of the same-colored wave . This movement, in turn, should complete the overarching turquoise wave 2 while remaining above the support at $137.03. Afterward, the price should surge beyond the resistance at $267.54, allowing the larger magenta wave (1) to conclude. On the other hand, we see a 30% chance that Boeing will form a fresh low below the $137.03 mark during the green wave alt. .
Boeing (BA): Is Boeing Finally Breaking the Bearish Trend?Boeing has faced significant challenges since March 2020, and when zoomed out, the stock has been trading in a well-defined range between $265 (range high) and $120 (range low), with the mid-range at $192. These levels have been respected repeatedly. From an Elliott Wave perspective, starting the count from the COVID low, we’ve observed consistently deep wave 2 corrections. Following the recent low of $138 in November 2023, we believe Boeing has broken the bearish trend that began in December 2022, signaling a trend reversal.
Currently, we anticipate the completion of the very minor wave (i) soon, followed by wave (ii) correction between the 61.8% and 88.2% Fibonacci retracement levels. To safeguard against Boeing’s historically deep corrections, we are placing the stop-loss slightly below 100% of wave 2.
Looking ahead, the wave structure suggests that Boeing could eventually break out of this long-standing range. For now, the focus is on reclaiming and holding the mid-range level at $192. Our target in this setup is to reach $265 (range high), but it is crucial to first see the mid-range flipped into support.
Key Levels:
Support: $147
Resistance: $192
Boeing is ready for next leg up to $200On December 10, 2024, we had a look at the weekly chart of NYSE:BA Boeing and it was a very good opportunity to get into this stock. Since then, we made over 20% in under one month.
After consolidating for nearly three weeks, we may have another chance to get in for the next leg up to $200. The only thing to worry about are the earnings on January 28. Those could have a huge impact on the stock price, but chances are the impact will be positive. Since 2024 was a very challenging year for Boeing with lower net orders booked compared to Airbus the comparisons are much easier to beat than it is for Airbus.
Boeing experienced a decline in various metrics last year. The company recorded 569 gross orders, representing a 61% decrease compared to the previous year. Cancellations increased by 50 units, mainly due to the anticipated cancellation of 135 jets ordered by Jet Airways. Net orders fell by 71% to 377 orders, and the net order value also decreased by 71% to $33 billion. This reduction in orders is attributed to the uncertainty surrounding Boeing's production schedule, which makes it less attractive for airplane orders. Deliveries fell by 34% to 348, and the delivery value decreased by 35% to $26.1 billion due to the grounding of the Boeing 737 MAX 9 and a subsequent strike.
If we assume no further crashes or problems with Boeing aircrafts the numbers are easier to beat, and we come from a very low base. In addition, most analysts are quite conservative right now.
Looking at the technical setup we just bounced from the 0.382 fib from the current upward movement. Below the fib we have another support at around $160 as well as a resistance at $200 with an open gap. Assuming no surprises during the earnings we’re up for another leg up to $200 (15% ROI).
Target Zones
$198-200
Support Zones
$165
$160
*BA UPDATE* 2 weeks into the trade (21MAR24 200C) Original Chart
STATUS UPDATE: If you got into the $200-205 C EXP 21MAR25 on 02DEC2024 you're probably sitting at around 65%-75% in the green. BA has moved roughly 40 points since its most recent low $137.03 on 15NOV2024, and roughly 15 points since we entered on 02DEC2024.
I suspect we keep that same trajectory for the next 30 days and that will take us to our target with 2 months to spare. Alot of good catalyst have come out recently surrounding BA's production and employee strike settlements. We may have another pop here this week coming up due to potential FED rate cuts, sending us even closer to our target of $200 per share by 21MAR24. Upon looking at the charts I noticed BA actually formed more of a triple bottom which is even more bullish than a double bottom.
The neckline break of around the $265 area could run us up into the $320 area, once the options chain opens up deeper in price I will take a look at calls deeper OTM. I have found major monthly resistance at the $320 area so if you decide to diamond hands through the break our next trajectory will take us into the $380 area. At the point I would be all out when price starts to enter Monthly supply from $384-447 expect a major rejection off this area and DONT BE A BAG HOLDER.....
- I got caught bag holding PLTR after making good money on them the week before. Keep in mind were looking to make money on BA all year. Keep your eye on the prize, as I hop into more calls in the future I will inform you all of the strike price, Date of EXP and entry price
P.S. dont get caught up in the little intra day moves and little losses here and there, "When in doubt, Zoom out"
$BA eyes in the sky.. Off lows in November 13th to 15th, NYSE:BA Boeing has soared 33% ($44) in 30 or so trading days. Off recent news this weekend, 12/28-12/29, three planes crashed which two were Boeing made and all had deaths from said crashes. Seeming how this stock has risen intensely and quickly I think this could be a good spot to short it within 30 days or so expiration. It may be down in premarket tomorrow, 12/30, I'm hoping I can get a piece of the action. Short term puts here and a possible long for 2025. Bullish momentum for the last 3-4 weeks, RSI is over 65, it happened to drop from $200 zone into its lows in November. My price targets are $175 and $170.
WSL
Boeing: Long Opportunities!As expected, Boeing has recently moved down into our green Target Zone between $146.35 and $113.35. Within this price range, we anticipate the low of the green wave . Once this low is established, we expect the stock to resume its upward trajectory, as the subsequent green wave should have significant potential, targeting levels well above the resistance at $267.54. Our Target Zone can thus serve as an entry point for long positions. To manage risk, traders could place a stop-loss 1% below the lower boundary of the Zone.
$BA - Elon Musk is saying nice things about the new Boeing CEONYSE:BA Weekly chart. Elon Musk is saying nice things about the new Boeing CEO: "The new Boeing CEO spends time in the factory and understands engineering, which are big improvements. Hopefully, he turns around a once great company". I believe it's time to buy a call option for a swing-long trade. NFA
Boeing: Taking Off?Boeing continued its decline recently, moving steadily toward our green Target Zone ($146.35 – $113.35). Just this Tuesday, the price reversed only $0.23 above our Zone. While it’s technically possible that the stock has already established the low for wave (2) in green with this dip, we aren’t convinced. So, we expect another pullback soon, with the stock eventually landing within our Target Zone.
Boeing (BA) Shares Hover Near Two-Year LowBoeing (BA) Shares Hover Near Two-Year Low
Despite the S&P 500 index (US SPX 500 mini on FXOpen) rising roughly 20% since the start of 2024, Boeing (BA) shares are currently around the psychological level of $150 – a low last seen in autumn 2022.
Several factors have driven bearish sentiment for Boeing in 2024:
→ Reputational setbacks due to technical issues, including helium leaks and engine malfunctions on the Starliner spacecraft intended for astronaut transport to the ISS.
→ Boeing has struggled to meet its aircraft delivery targets, and it reported significant financial losses in Q2 2024, with earnings per share nearly halving forecasted estimates, further impacting investor confidence.
→ Fines from the U.S. Department of Justice, worker strikes, and other operational challenges have compounded issues.
Technical analysis of Boeing’s (BA) chart reveals:
→ In 2024, the share price has formed a downward channel (marked in red), with the Resistance 2 trendline suggesting that bearish sentiment could intensify.
→ The price hovers near the channel’s lower boundary, potentially supported by the $150 level.
This positioning might prompt bulls to attempt a breakout above Resistance 2, possibly replicating the pattern seen after the Resistance 1 break in May 2024.
Otherwise, a drop below $150 would indicate intensified bearish pressure and underline Boeing's fundamental challenges.
What’s Next?
Analysts remain optimistic about Boeing’s (BA) prospects. According to TipRanks, the average forecast for Boeing’s share price is over $200 within the next 12 months.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
The Infamous Boeing: Accidents Weight on PriceThe Infamous Boeing: Accidents Weigth on Price
Dear Esteemed Members,
Boeing’s stock price has also dropped by 8.5% since Monday after a plane had to make an emergency landing after a part of its fuselage ripped off mid-air. Another plane was grounded after a window fell out during takeoff. Alaska Airlines decided to inspect all Boeings.
The competition from Airbus, which has secured a deal with the US Air Force to provide 20 A330 Multi Role Tanker Transport aircraft for $3.5 billion. This deal could give Airbus an edge over Boeing in the military aviation market, and also boost its reputation and revenue.
Kind Regards,
Ely
Boeing Approaching Critical Support: Will $150 Hold or Break?Hey fellow traders,
Boeing ( NYSE:BA ) is facing some turbulent times both fundamentally and technically, and all eyes are on the charts to see what happens next. Let’s break it down.
After a series of tough news — including a machinist strike and warnings about a potential credit downgrade — Boeing has seen a sharp drop, falling nearly 4% on Friday alone. This brings the stock down to $156.77, close to a two-year low. But that’s not the full story; we’re approaching a pivotal level that could make or break Boeing’s near-term future.
What’s Happening on the Charts?
Downtrend Dominance: Boeing’s been in a consistent downtrend, with a well-established trendline that’s been pushing the price lower for some time now. Each time the stock tries to break through, it’s met with resistance. We’re getting close to testing that support again.
$150 Key Support: The price is closing in on $150 — a level that’s acted as a strong support in the past. This is the line in the sand, and a lot of traders are watching closely. Will it hold, or are we headed for further downside?
Possible Scenarios Ahead
Bullish Case: If Boeing finds support at $150, we could see a short-term bounce. The next logical target would be back to the $170-$175 range, which lines up with that downward trendline.
Bearish Case: On the flip side, if $150 breaks, things could get ugly. Given the current sentiment, we might be looking at a sharper drop, with $130 as the next potential support area.
Volume Will Tell the Story
One thing to keep an eye on is volume. If we start seeing increased selling pressure, it would confirm the bears are in control. Right now, the fundamentals (negative news, cash burn, strike) are aligning with the technicals — a dangerous combination.
Final Thoughts Here
Whether you’re bullish or bearish, the next few days could provide some interesting opportunities. If $150 holds, we might see some relief, but if it breaks, it could signal much bigger downside potential. Let me know what you think! Will Boeing bounce or break?