Boeing
BOEING "SHORT" (neutral risk)I see a perfect opportunity to short Boeing, at around $144-150. There is a descending triangle forming, I'm expecting a fall to the 120s.. potentially even lower. Stop loss is set at the resistance line which is $150 (a break which invalidates the descending triangle.)
There is a possibility airline bailouts occurring could ruin this trade. I believe airlines won't open up any time soon and will continue to suffer no matter the bailout. I am expecting the trade to work well.. worth the risk in my opinion (expecting this after hour PUMP to be shorted).
BOEING CO (BA) MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
Boeing Weekly View, Interesting Reversal SetupI like this reversal hammer candle on BA on the weekly. When you combine that with the stock is up on just about nothing but hope and the .gov backstopping it, I like the odds of a drop next week from here.
Almost half their revenue comes from commercial airplanes, no one is buying
The Feds are only about 30% of revenue
The MAX may never fly again. Getting it certified is not a guarantee
They tapped out their entire credit line, the debt is unbelievable
I'm bearish on the company long term because the fundamentals do not make any sense to me in the current environment.
The Three We Will Watch This Week (DJI, OIL, BA)Symbol: DJI, OIL, BA
We will be watching these 3 this week on 30 min - 1 hr timeframes. I don't daytrade but, I think this will be fun for you to see the movement with our tools on confirmations.
Currently I'm leaning towards.
OIL, Long no entry yet
DJI, Short no entry yet
BA, Short no entry yet
Will update through the day on this post.
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Boeing Looking to Correct?Symbol: BA
I'm watching this on a range play for a drop to 143 or a high breakout around 157. Overall could be a cup and handle formation and this is the setup to go up. But, patterns on short timeframes like this do not always hold value as they do on the larger timeframes. We are short, looking for 143 and see what it wants to do their. will keep you updated on its movement. Follow us on tradingview for daily analysis.
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I don't see any reason why not buying Boeing right now!In the Ligromathic chart we are on the uptrend and the price respected the uptrend.
In the regular chart the price made support at previous support that was once a resistance.
There is a high chance the price is going to rally to the previous highs in the future or to the top of the channel in the Ligromathic chart.
technical analysis during BA dayHi friends
Today I will try to analyze the graph of a very important company in these circumstances of CO-19 coronavirus
and as the graph shows you in (day) there is a probability of more than 90% that the stock will experience a downtrend until the price of 86.42 and if it exceeds this level it will drop to level 61.36
at the same time it must be taken into consideration that there is a 10% probability that the price will increase to reach the level of 189.40
we can deduce that it is better to sell than to buy
BA : gap past demandSo BA gapped past demand level which flips it to a supply zone. Currently seeing it trying to retrace and hold current demand level. I think it will bounce around still but still head lower to price target of 125. I will watch for potential good short entry today.
Note: my primary area to enter a position is to build a long position down in the demand zone below. I think that is a higher quality trade than trying to nickel and dime it on the way there. So, if I don’t like price action today but it does just get right on down to 125, I will not be upset that I “missed” a trade.
There are plenty of opportunities. Don’t over trade!
BOEING CO HEAD AND SHOULDERSHello and welcome on this short-term review on BOEING CO on 1h timeframe chart.
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Since BA dropped very hards from 400 to 90 that’s why now we facing big volatility on this stock.
I have noticed Head and Shoulders pattern here, so target at $130 measured by height of Head ( h on chart).
Also this rebound from 90 could be a bearish bounce before next drop, as many traders/investors think at this moment while global pandemic still in the game.
Hit like button and I would love to see your inputs in comments
Be careful of the creation of a new entity with government moneytwo options are on the table
1) liquidate the hold structure and create a new entity wif-ch mean existing shareholders lose all because simply the company is virtually bankrupt without Taxpayer money
AND MY OPINION IS THAT THEY SHOUDL PUNISH SHAREHOLDER FOR TAKING THE RISK IN SUCH LOUSY INVESTMENTS , THIS IS CALLED CAPITALISM WITH ITS FULL RISK AND REWARD
2) They decide to lend the money with state guarantee to finance the rescue of the company , politically much more sensitive but unfortunately the still most likely scenario
I believe like any badly managed company they should pay the price and go burst . And let the state nationalise it and take over the assets and the workers
IT IS WAY TO EASY TO ACCEPT CAPITALISM ONLY WHEN THE CIRCONSTANCES ARE GOOD AND PROFITS ARE PLENTY !!! MEANING NO DOWNSIDE RISK IS IN THE EQUATION LIKE ANY OTHER BUSINESSES IN THE US