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.
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
BA Correction!Hello Community!
Before we begin HATE IT OR LOVE IT please support my idea with a thumbs up and a comment. It'll be greatly appreciated!
When taking a look at BA we can see it trading in an ascending parallel channel. It has currently reached the top and is looking to aim lower to the next support which is the 55 EMA. If the 55 EMA fails we can expect it test the bottom of the channel before bouncing and moving higher. The RSI is showing over bought, and the Mac D is showing bearing signs. With the Quadruple Witching happening tomorrow it makes for a perfect storm to move lower with increased volatility but that's just my guess.
This is not Financial advice.
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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 $394.50. From there, I'm thinking we dither for a while. A lot will depend on conditions in the larger economy, but with vaccinations, stimulus checks, and geopolitical tensions, I suspect Lockheed will eventually break out toward its all-time high. If it hits my second target, the profit from the trade will be about 25%. I'm hoping it gets there by the end of 2021.
BA Boeing We saw in January 27 2020 and 1 February 2020 a 2 bottom formation (bullish sign ) , but for now I can identify the top of rising wedge and seams to be a bull exhaustion with a small pullback. In a long term I`m bullish on BA with the vaccine the Aerospace & Defense Industry and transportation sector can come back to normal.
BA on fire!On the 65m, candles are well over the Ichimoku cloud. We currently are on our way up after bouncing from the lower channel. With most tech falling these past weeks, BA has shown lots of relative strength and has managed to maintain its channel. imo very bullish. On the higher time frames 4HR, D and 3D are also over the clouds. Well positioned to do better near term compared to a lot of growth stocks that have started to fall under the Ichimoku cloud on their daily charts ($SE, $DDOG, $PTON, $CHWY, ETC).
It's a reopening play. BA is still undervalued compared to high growth stocks that are many multiples over. TNX going up will bring the whole market down, but at least with BA you stand a fighting chance.
Conservative price target for next week 233, then 240.
Easy money!