Boeingstock
Have You Been Buying Boeing? (BA)Overall the trend has been in retracement territory as all indicators continue to shoot red with the compression of dojis starting to pull.
I've been bearish on boeing and I have no interest in creating a long position as of now.
For now... I sold the top.
Wait for confirmation.
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.
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 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.
----------------------------------------------------
Want to level up your trading skills?
We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal.
Also checkout our trading indicator available in the link on our page.
---------------------------------------------------
Thank you for your continued support, God bless.
- Major League Trader
