HUGE ACCUMULATION, TA and FA CONFLUENCE! HOLD ON FOR THE RIDE. Huge accumulation happening for the past 3 months. July 31st is the reveal of the interior of the space ship, and Aug 2nd is their earnings report, where they will more than likely announce they have received FAA certification, AND have scheduled date for getting RB into space.
This confluence is extremely rare to see in an asset.
Boeing
GE to 8$yo yo happy Sunday. I am creating some new tickers so hope they help. GE mirrors BA stock pretty closely. Based on the bounce at the 0 on the Fib I am predicting a full 180. All the way to the 1 line which is at 8.5. After that I am not sure. I have drawn lines of where I think it will stay. If you choose to buy the stock or do some calls then I'd give it a week out so shoot for 7/17. GE is a good stock for long term but for some quick prof I would do some calls at 7 or 7.5. You can probably swing these during the week during a low to high day :)
thats all. hope it helps :)
this is not trading advice. I am learning and I am simply pointing out something I see. I apologize in advance if they do not come true.
Boeing too big to fail?Its interesting looking at Boeing and only reason doing TA is cause fractional shares exist, but someone asked me if its possible for it to go back to 230. Now this stock might not be the biggest gainer, but atm its on its own path towards airlines stocks with American and Spirit in fight who is gonna win, yet it is possible for both to survive and if American airlines falls I would go United and Spirit. Yet we aren't hear to talk about Airlines in general, but boeing does make the planes.
News
-Boeing Ceo painted a grim future short term for Boeing and also suggested an Airlines isn't doing so great and could fall (maybe American or Spirit?), yet Boeing went up the next day with positivity coming out after negative nancy
-Boeing got permission to start building the next gen planes
-Earnings coming up (yet is the negativity price in?)
TA
-From what you see is a fib retracement from 230 to about 165, which it did double bottom and it broke out of a downtrend recently, yet has been going sideways in the red zone.
-If it does drop could see a decline around 5%-13% with worst case it going back to 145 with that being a 19% drop at current price. The 19% drop is a 38% drop from its high, which isn't alot for a crypto veteran, yet I think this company is too big to fail, so i suspect a 13% drop on worst case on earnings.
-The bullish upside is a 9% gain going back to around that 200 dollar level
-Looking at the MACD it looks bearish for tomorrow, yet again it is tighting with the vpvr around the price range we are at
-RSI is neutral, but trends to oversold. Again looking for a morning drop looking around that 176-174 range if it can hold it as shown with the vpvr going from 174-169
Final thoughts
I think this company to big to fail and will be interesting on how earnings will be with Boeing going back to production and getting a feeling that the government will back them up. Will i buy this stock? No cause I'm not looking for a 9% return on a trade and still think my NCLH postion is fine as CCL is struggling and RCL going alright (NCLH price target was raised from 12.50 to 19 today and it sits under that target as RCL got moved up, but its current price sits above it), yet I would maybe get in a small long postion on boeing with the upside looking good if the morning session pops.
BA BOEING (BA/USD) LONG TERM SWING TRADE SIGNALBuy BA stock (MT4)
Entry 1 $179.50
Entry 2 $169.50
Sl $160
Tp.1 $184.50
Tp.2 $194.50
Tp.3 $208.40
Tp.4 $214.80
ACTIVE
After the inspections, airlines will replace any excessively reworked panels and modify an assembly to ensure adequate electrical bonding.
Reuters reported on June 10 that Boeing is aiming to conduct a key flight certification test in late June. That test could take place as early as next week or could be set for early July, a person briefed on the matter said.
$BA Earnings Option Play | WatchlistTechincal Analysis of $BA plus this week's option play.
British Airways finally receives its first Boeing 787-10 months later than planned.
What we are looking for:
Retest of the previous channel resistance (blue downtrend)
Breakout from $198 (Bullish Signal)
Last but not least, to send BA to the moon ($234), we need to breakout from the fat orange downtrend.
This play is intending for covid to not impact airlines. If covid makes a crazy breakout, we might see trouble for airlines.
The Play:
- BA ripped 14.4% today, which means contracts are worth 200%ish more than they were yesterday. In other words, we will aim to grab BA at the low of what looks to be next week or the week after.
Play 1:
- BA $232.5 call 7/24
This play is sitting up 114% on the day compared to the $230 strike below which is up 198% today. Once BA has a down day these premiums will get cut, giving us a buying opportunity.
DotcomJack | Easy Loot
Do Not Trade This!
Yet Another Boeing Triangle, $155 seems likely. Boeing is fundamentally screwed and on a technical level we have yet another descending triangle. Support for a bounce at $155 is possible but I don't trust this company for much of a bounce after the last rally. That rally was BS. Maybe government contracts could pump BA but not much else at this point. Perhaps a buyout, perhaps nationalization but they wont make it on their own.
BOEING - Technical Analysis -Stand AsideThe idea is to stand aside.
Prices are moving inside a channel. Wait to see if the support line will be broken or not.
If the level 165 USD WILL BE BROKEN, the idea is to go short, otherwise (if the level of 165 will work as support) the idea is to go long.
BOEING - Technical Analysis -Stand Aside
Boeing Co's best-selling plane has been grounded since March 2019 after two fatal crashes killed 346 people. A certification flight test, which is expected to last at least two days, is likely to take place starting as early as Tuesday but has not been finalized. The Federal Aviation Administration would then need to approve new pilot training procedures and complete other steps and would not likely approve the plane's ungrounding until September, the sources said.
boeing hot hot hot so, no one is telling you this but me. you buy ba calls going into freedom day. this bad gyal takes out 181 we get a screamer
buy because im smart
181-220
naked calls monthlies
pick whichever fits your risk profile
if you are a degenerate like me i have the july 10 2020 $200 call strike
Potential buy zone for BALooking at the weekly chart and thinking about potential end of week setups if we get really nasty UE and GDP data today.
There was a plethora of buyers at this level and it lines up well with the parallel channel support. Ideally you would wait for price to enter the green box and then exit up to confirm the move. I don't go long unless it proves to me it's emerging out of the box.
🤔 Be Careful Fanboys! (BA)💰 LET'S GET INTO SOME BOEING ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
- We have been aware that the uptrend has been broken! Old news!
- The 3day begins to shift red but not all ema dots below have found their alignment just yet.
- Like I said on the dow. This week close will be crucial for the market. Let it close.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
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🥇MLT | MAJOR LEAGUE TRADER