Boeing
BA Triangle Breakout Descending Triangle + RSI Divergence + Loss of Momentum + Long Wick Rejection of Support
The price action isn't telling me which way we will break out of the Descending Triangle yet so I will wait for more confirmation before entering Long or Short.
Bullish Over 124.39
Bearish Under 113.00
BA BOEING LONG TERM SWING TRADE SIGNAL Buy BA stock (MT4)
Entry 1 127.96
Entry 2 120.50
Sl 108
Tp.1 $132.10
Tp.2 $139.50
Tp.3 $148.10
TP.4 $156.50
Sector: Electronic Technology
Industry: Aerospace & Defense
Employees: 161100
The Boeing Company is an aerospace company. The Company's segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry. The Commercial Airplanes segment also produces commercial aircraft and offers a family of commercial jetliners. The BDS segment's operations involve research, development, production, modification and support of the products and related systems. The BMA segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems. The BCC segment's portfolio consists of equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease and investments.
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Investor Movement Index Summary: April 2020
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BA on KEY Support. If it holds, up!BA has been in the news for quite a while. Luckily for them, airlines ate dust for the past few days and they have fallen on the side from that too. I could foresee some good news coming their way such as A4A or some funding, but I'm looking here at price action. Watch this key support. If it holds, buy some longer dated calls for the upside. If it breaks, there is a long way down, buy some puts. From price action, these lower bids are getting bought. Supply just aint there, and this can shoot up on the way up. Lets see!
Play the ranges!
BOEING - Fundamental vs Technical Analysis -Stand AsideNYSE:BA LSE:BOE
Based on Technical Analysis seems that the Market should keep going down to level 120 USD (OPTION A)
Stochastic it can keep moving in oversold before turning up, confirming that it can go down.
Fundamental analysis, overall info on airspace business are negative, but the good news of the BONDS might give a boost to the stock.
Boeing Bonds on Thursday peaked at more than $70 billion allowing it to borrow as mush as $25 billion
Boeing has $39 billion in debt as of the end of March.
In conclusion, stand aside from BOEING.
BOEING Stock Analysis - "Stand Aside"Option A - Based on technical approach I would stand aside because I am not convinced about those descending prices and volume at the breaking point, but, I am tented to go long due to the Channel Pattern, volume (increased at the previous opportunity of price to rise) and the Symmetrical pattern that with the channel pattern makes the continuation signal stronger - Go long up to the level 180
Option B - 95 Dollar - Based on Fundamental Info (Reduction of shares and employees)