BA Buybacks Boost Stock PriceBA approved another round of Buybacks last summer. Now, that activity is moving the BA stock price upward.
Boeingco
BA Stock Price Rises to ResistanceBA has been under Buyback mode, driving price upward to a moderately strong resistance level. The stock shifted to a consolidation candlestick pattern. Some Dark Pool Quiet Accumulation occurred in the bottom formation.
$BA Where Bad News is Good? Boeing (BA) to recognize charge and increased costs in second quarter due to 737 max grounding; amounts relate to expensing of estimated potential concessions and other considerations to customers and impact of continued lower 737 max production rate; said charge will result in a $5.6B reduction of revenue and pre-tax earnings in quarter and will record an after-tax charge of $4.9B
I'm all about ":flag_us: first, but this has been propped up far too long.
Watching these levels closely. If we break above resistance (red line) 384 area could be next, but there is too much downside risk.
BOEING, long from accumulation zone.Sometime ago all newspapers writing about bad boeing plens and another things after which price for this stock strongly go down. But now all these worries have left the heads of investors and you can safely invest in the company's shares. There is accumulation zone for purchases 361 - 392. First level for sell is 431. So strong up.
BOEING CO 1D TWO SHORT TRADING STRATEGIESPrice is in a descending triangle chart pattern
Bottom support triangle trendline @ 367.10
Trade 1 - EFC Indicator finds Entry and TP levels
Short Entry alert @ 372.28
EFC Take Profit level @ 300
Trade 2 - Breakout of Bottom Triangle Trendline @ 367.10
Enter with 1h breakout candle close
Sup/Res level Take Profit @ 352.83
Find your SL
Boeing BiG SHort ? Why not..I guess time for the short. :)
this Boeing buble can came to end of history maybe..
2016 nearly 1.5 year ago this stock was 100 $. Now 350 $
Bubble :)
Buubbbble Hunter from Turkey :)
