Full Analysis (Price Action, ichimoku, & more!) on AC! BTFD!My friend is heavily invested in Air Canada and was looking for some potential break outs (or break downs!), so I ran through the whole analysis playbook of how I look at stocks.
In this video, I cover how to analyze price action, fibonacci, some pattern techniques, moving averages, and ichimoku.
Overall, I'm looking to buy the dips with optimal entry around $21.35. My stop would be around $19.11, with my first Price Target around $34, putting us at a R/R of 13/2.5 = 5:1! I'd be looking for a big move within 2 weeks (by April 25). I'd 100% play $26-27 July 2023 calls.
Good luck out there and let me know if you want me to take a look at any other tickers!
Cheers,
-TMoney
Boeing
BA , We need more correctionHello guys
According to the chart you can see the price is moving downward trend and it has need more correction to have good R/r then we have permission to take short position until the target.
You should take signal at first then dont forget use stop loss and observe to your capital management.
Everything is shown on chart, If you have question send us messages
Good Luck
Abtin
Boeing (NYSE: $BA) Beaten Down, But Not Broken! ✈️The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating leases, sales-type/finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was incorporated in 1916 and is based in Chicago, Illinois.
Potential H&S on BABeen a while I posted on here. Market been on a heavy downtrend lately.
Here is my setup for Boeing.
Support I. 179.60
Support II. 160 Major Demand Zone
Resistance I. 184-185
Resistance II. 188
Under 178, My overall target is 174.
Over 180.50, Target is 183.50
I am not a financial advisor. Do not take as financial advice, ever.
Do your own research.
Consult a professional investment advisor before making any investment decisions! My ideas are for entertainment only!
BA is on my watchlist. Here is why. Boeing is one of the biggest airplane manufacturers in the world. Alongside producing other technologies regarding the aerospace industry.
* Since 2019, Boeing has been going through tough periods and a clear bearish trend that reached an 80% decline in march 2020.
* Since there the price has been moving up, and after the breakout of the descending trendline, we have been observing a consolidation movement (yellow lines)
* These types of consolidations in the weekly chart tend to be amazing opportunities to wait for the breakout and look for trading opportunities after that.
Let's take a look at the weekly logarithmic chart:
As you can see, this is not the first time Boeing has been on a huge bearish trend. That's why studying all these previous situations may bring great insight into what we are waiting for before trading.
At the moment, my plan is: Wait for the breakout and look for a correction + study what past corrections look like in the previous scenarios. I will expand this idea after further study.
Remember: DEFINE everything in advance and wait for the price to fulfill your filter or cancel your setup. That's a powerful edge.
Feel free to share your view or chart in the comments!
Boeing Crashing. BAImmediate targets 201, 193, 183. Invalidation 257.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
BA - Channel breakout test
MAs converged nicely+++
Price holding above all MAs++
Price still below 3D VWMA and 200 DMA --
Lack of volume and follow through --
Oil prices -
Takeway: still needs to build above 225 to absorb the overhead supply...might start to ramp into summer as travel picks up again.
BA - Remains Bearish I don't want to hear your news stories about Boeing as if any of that even matters. Technicals just aren't bullish yet. The fact is, 4 weeks ago Boeing flashed the weekly sell signal and this week Boeing back tested that signal and failed leaving a 50% wick down candle at the top of the downtrend channel.
I am looking for a 5 wave down structure here to fill the gap below into weekly demand.
Boeing in a Range? The Boeing Company - Short Term - We look to Sell at 229.71 (stop at 242.04)
We look to sell rallies. Previous resistance located at 230.00. Previous support located at 190.00. Trading within a Bearish Channel formation. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 230.00, resulting in improved risk/reward.
Our profit targets will be 190.83 and 176.80
Resistance: 230.00 / 240.00 / 260.00
Support: 200.00 / 190.00 / 175.00
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Boeing - Cup and HandleThe overall market continues to digest an increasing rate environment. The S&P retraced to the Golden Mean and quickly reversed into a choppy zone, driven by the surprise jobs increase. The CPI /PPI for January is up next. This is creating the Super Bowl of Bond Yields as the 10Y has been making bull moves toward the .214 Target, above 2.0%, of the Weekly iH&S break-out. Boeing is showing a reversal pattern with a Cup and Handle , confirmation would include a break and a back-test of the handle with volume .
It’s time to fly with BoeingI have waited quite a while for Boeing to look like a buy and i believe it’s time. The falling wedge has showed slowed selling into support and fib’s 382. Monthly and weekly stochastic are also converging to upside. The safe thing to so may be to wait for the wedge to break, but I am of the belief that the time is now. Also, I have considered $XLE breaking out already and see $BA following suit.
Not financial advice. I have linked my past Boeing charts.
Happy Trading.