Boeing 3day Firing Green After Massive Drop! (BA)Massive selloff is finally showing green recovery on a 3day time frame.
Current range based off a daily chart is high of 170 and low of 95. A 44% spread.
Now we need to find entry on lower timeframe.
I'm looking at breakout at 141.77 I look to add long.
If failure to break I'd wait to add long for a potential retest around the 120s
3day for now is in favor of recovery. Let's walk with it as we could be looking for a long term position to add to.
Boeingshares
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
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.
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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Also checkout our trading indicator available in the link on our page.
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BA Short IdeaAlthough I believe that Boeing is one of the stronger performing companies historically in the grand scheme of things, and though I also believe that they will be releasing some cutting edge technology in the next decade, I'm skeptical of the current value due to so much of the 737 drama over the last year.
Boeing has been selling less and less planes and what would have been plane orders for Boeing over the last 12mo are now instead being filled by the European competitor Airbus.
737 Max models continue to fill employee parking lots and are parked around the world until the company can resolve fears of mechanical and technical issues with the aircraft.
I think more pain is about to come for Boeing shareholders and I'm entertaining the idea of an entry to go long into 2030 and beyond, but at a lower price.
Thoughts?
Trade your own plan, this is just an idea.
BA - Swing to $350 while still holding longChart and recent movement make me convinced we are headed back to the downward resistance. Always been a BA fan and continue to hold it long while swinging the volatility.
BA is a strong company and will be back to ATH before people know it. Discount even at these levels and would still consider picking up shares on any dips. Very optimistic lines drawn of how I think it'll play out till MAX approval but the market is what it is. RSI looks to have bottomed and slowly climbing back up followed by MACD. First PT $345.
GLTA
Analysis of BOEING 18.09.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 385.00
• Take Profit Level: 392.00 (700 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 374.00
• Take Profit Level: 370.00 (400 pips)
USDJPY
A possible long position at the breakout of the level 108.40
EURUSD
A possible short position in the breakdown of the level 1.1035
BOEING
A possible long position at the breakout of the level 0.9965
GBPUSD
A possible long position at the breakout of the level 1.2530
$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 trade entry and exit example Boeing still has around -9% to go. It might be worth a trade.
I am just watching. Not because I don't expect the price to follow my expectations - for other reasons.
However, Boeing is a significant proportion of the Dow (11.26% of the Dow: qz.com). If you are watching the Dow, you would have noticed last weeks steep drop. Expect a lower high to be set in next weeks rally before the correction continues.
Let's see what happens. Protect those funds everyone.
Elliott Wave View: Rally in Boeing (BA) Should FailElliott Wave view in Boeing suggests that the rally to $446.49 ended wave (III) in super cycle degree. The stock is now doing the biggest pullback since 2003 low within wave (4). The decline from $446.49 to $359.01 ended wave ((A)) as an impulse Elliott Wave structure. Wave (1) ended at $416.44, wave (2) ended at $427.70, wave (3) ended at $365.55, wave (4) ended at $402.67, and wave (5) ended at $359.01.
The 5 waves move lower ended wave ((A)) in larger degree as the first leg of a zigzag. The stock has started to recover in wave ((B)). The recovery also takes the form of a zigzag Elliott Wave structure. Up from $359.01, wave (A) ended at $399.95, wave (B) ended at $362.92, and wave (C) of ((B)) is expected to end at $406.26 – $431.97. We expect the rally to fail in 3, 7, or 11 swing as far as the pivot at $446.49 high stays intact. Once wave ((B)) completes, wave ((C)) should start and can take the stock lower and break below $359.01. Potential target for wave (IV) pullback is 23.6 – 38.2% Fibonacci retracement at $285.1 to $346.6.