BA $315 first and then $372!I was a big buyer yesterday in the July and Novembers options. BA has been beaten up late with the same BIG POP and FADE pattern since Covid. We have another falling wedge/bull flag that indicates $315 PT and with rising resistance line (yellow dots), things seem to be lining up. We have also seen the most dark pool I have seen on BA in quite some time. $780M in shares accumulated (my belief) in the $227 - $231 range. Today we got a confirmed double bottom indicating a short term price spike to $235 once we cross $231. I would assume we will be testing the top of the falling wedge pattern around $238 which I do believe will break this time. Market Makers have sold enough puts now and if they do not want to pay those puts, the will need to get neutral on their position and with max pain 250 spot price on 5/21, I feel pretty good about it. In addition, the .618 fib retracement level has been holding up pretty well.
Support, well we bounced off 225 ( 8 handles up in one day) and the 100EMA today creating a double bottom. MACD, RSI, MFI, William R% all at extreme oversold levels and with the $780M in darkpool activity, I have to believe this was buying.
With that said, I see BA making it's next run towards $315 with another dip back toward 270/280 before the final push of the weekly parabolic pattern to $352. It may just go complete parabolic in this last stage and shoot straight for $352. What will be the news this time? China? - something brewing.... GL!
Boeing
Boeing Co buyThe market has shown some declines in this market over the months as the company has produce declining annual earnings over the past 2 consecutive years.
Technically this is still holding as one of the strong stocks in the US30 average.
Market has exhausted to some degree and now produces what might be an intraday long opportunity.
All the best. And invest and trade safe
NasdaqDiaires
Martingale
BA aka Boeing IdeaG'day Guys
Boeing been in the market for sometime and until now still consistently produce and improve. That the reason this stocks keep consistent.
After sudden drop during the MAX case, but consistency, responsibility and demand keep this stocks build up.
From my perspective this stocks stable stock. Here my analysis on this pair. Expecting another push high before do some correction on their stock. I am expecting this company going to do some
restructuring to ensure their sustainability and competitive.
That the reason this pair is gonna creating a correction on this current stocks performance.
Let's discuss and comment about it.. Cheers
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.
40 % chance with BOEING Hello dear readers,
Boeing is currently in a stable uptrend. I would like to go long on the next wave.
- I hope for a correction that pushes the price into the buy zone so that I can build up a position here.
- The trend channel should not be broken with the closing price so that the idea behind the trade remains valid.
- The subsequent expected long movement should drive the price into the sell zone, where I would then like to reduce my position again.
The expected profit on this trade is around 40%. Now we have to wait and see whether the correction sets in soon. If this is not the case, the idea is invalid.
If you want to support me: Like & Follow 🙏
Best wishes & success!
Chartdigger
LMT LONG/ Lockheed Martin is a giant of advanced defense industrIt is not a secret to anyone that Lockheed Martin participates in the production of the most important American warplanes, which are the backbone of the American air force, such as the F-22 and F-16
It produces the UGM-133A Trident II nuclear missile
It is the most important line of US nuclear defense
It produces many aircraft, missiles, advanced electronic systems and satellites
And I think that this is the company with the unique technology that it owns. I expect it to continue going up and back to the technical analysis clearly rising.
And financial analysis also gives a bullish signal
By going back to history, you will notice that the company is a strongly bullish trend
BOEING INVERsE HEAD & SHOULDERS 1HThe S&P 500 retreated to its trend support this last week and bounced big time back near all time highs. That being said, I'm bullish on the market this week. Boeing has a very nice looking chart on the daily time frame finding support after a swing high and I've discovered a very clear inverse head and shoulders pattern form on the hourly chart. A break of the neckline will be the trigger for me to look to go long. I'll be buying the pull back after the break this week for a swing trade. Reference my chart for a further breakdown of this trade idea. Thanks for reading and good luck out there!
BA aka Boeing IdeaG'day Guys
I try to analyst BA as requested by one of my follower. This movement that i see.
Based on Bigger TF, i seeing BA is forming uptrend but unhealthy movement. I did marked the Key area
Possible movement of the pair. And once its reaching the Key Area
I see a possibilities on Market dropping, yet we still looking in the big picture of the market story.
Let's see what happen next. Cheers
BOEING - The Last Flight!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BOEING is approaching strong resistance/supply in green (300) so we will be looking for sell setups on lower timeframes.
on DAILY: BOEING is forming a channel in red, but the lower red trendline is not valid yet, so we will be waiting for a third swing low to form around it to consider it our trigger swing. (projection in purple).
Trigger => Waiting for that swing to form and then sell after a momentum candle close below it (gray zone)
Until the sell is activated, BOEING would be overall bullish and can still test the upper 300 resistance or even break it upward.
and of course, as it approaches the 300 resistance, we will be looking for sell setups on lower timeframes.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich