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Planes

It is time to short boeing.All right folks, boeing on the 1day has officially broke the VWAP and has continued to fall post-market. Now is a good time to take advantage of the negative news as well as the market correction. Delta rising, boeing problems rising (mechanical, etc). Why short boeing MACD bearish volume with no curve VWAP broken without big bounce at VWAP RSI has new LL Targets: 192.36 175.42 Falling to BBand at 158 would be pushing it but for a longer term holder could be plausible. SL @ 219 Good luck Please note: I do short term holding, will not hold this position longer than a day or two. Check back for updates.
NYSE:BAShort
by UnknownUnicorn11444931
2
Long Run on Boeing BALooks like BA has reached potential support. Looking for signs of bottom to go long on the 15 min chart and for the 100ema to cross under the 200 on the 4 hour into daily chart to present possible price reversal. Looking for entry around $200 - 190. Take profit around $300 Technical Analysis: Positives: 1. In line with post Covid trendlines. 2. RSI below 30 3. OBV shows slowing of selling 4. MACD around neutral Negatives: N/A Fundamental Analysis: Positives: 1. New drone project expected to raise billions 2. Large United Airline order (200 -737 max) 3. travel increasing as Covid restrictions lift 4. China approval of the MAX will likely happen in the second half of the year. Negatives: 1. Airbus taking market share 2. Chip shortage slowing production and creating backlog 3. declining sales trend for planes 4. China trade relations are a mess * Not trade or investment advice, trade at your own risk.
NYSE:BALong
by ForexDestiny
1
Technical analysis update: DAL (13th July 2021)Delta Airlines experiences correction for about four months now. ADX continues to climb above 27 points which suggests that trend might be near its peak. In addition to that RSI fails to cross below 30 points. Such phenomenon in RSI tends to correlate with strong bullish trend of higher degree and weak bearish trend of lower degree. MACD and Stochastics remain bearish. Despite that we would like to set our short term price target for DAL to 45 USD and our medium term price target to 47.50 USD. Correlation with LUV: Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
NYSE:DALLong
by Tradersweekly
EASYJET FLIGHT 1927So it has been reported that What can drive the stock down EasyJet also revealed that it expects to report a pre-tax loss between £360m and £380m for the first half of its financial year. The airline will incur significant fuel costs because it has already bought jet fuel for its planes, with no certainty of when they will fly again. EasyJet grounded its planes a week after Prime Minister Boris Johnson announced the UK Covid-19 lockdown on 23 March. The company had a full roster of pilots and staff during that period when many flights were being cancelled, leading to a rise in costs. It also only started furloughing staff after the end of March. It said it had a cash balance of around £3.3bn and based on a number of scenarios, it would have enough reserves to "remain liquid", should its jets stay grounded for nine months. The airline said: "At this stage, given the level of continued uncertainty, it is not possible to provide financial guidance for the remainder of the financial year. This comes after Thomas cook Collapse. Passenger numbers grew by 2.8% year on year, despite widespread disruption from strikes in France during which 871 flights were cancelled between October and December. The airline said that robust demand and slow capacity growth, with only 1% more seats flown, contributed to an increase in revenue per seat of almost 8.8%. It ascribed about one-fifth of that growth to the collapse of rival Thomas Cook last September. While it traditionally struggles to make money through the winter months, easyJet said it was on target for losses “better than 2019” in the first half of the financial year, despite an increased fuel bill. What could drive the stock up! EasyJet can survive a nine-month shutdown thanks to its measures to contend with the coronavirus crisis and is planning for a slow recovery, the British airline said on Thursday. Big players in easyjet could move the price as high as it wants knowing that it will continue to grow after the covid-19 the old saying goes Buy low sell High! Well the stock price for this was very low all time Low i beleive and did we miss a big oppitunity to BUY and Leave? Or was we right to keep waiting? Comment below!
LSE:EZJ
by DH-FX
Analyzing BTC trends using muli-plane grid techniqueTIP: Did you know that you can watch the price, volume and orderbooks (bids and asks) fluctuate on a bag of 10 different stable coins on our stable coin index @ vcdepth.io - This really helps to see when money is flowing in and out of the sidelines. This chart depicts how I see trends and its applicable to almost any chart. I see an intersecting graph paper like grid with lines on different planes. Most of those lines I just copy and paste and move up or down. Here there are a total of 3 planes that provide the bulk of support and resistance for all the price action in this chart. Arguably there could be additional lighter lines on each plane in between some of the larger gaps. I tried to color each plane differently and emphasize the perceived strength of each line on its plane. Notice when price action occurs at the intersection of multiple planes, support and Resistance are usually stronger with combined support from the multiple trendlines, the more trend lines in support, the stronger the support. Furthermore I add Orange horizontal lines that depict horizontal historic support and resistance. The sharp descending channel we just broke out of appears to be a freefall and is now is trying to snap back to the grid. From here there are 4 likely paths, -The continuation of the sharp descending trendline, seemed the least likely, we have halted descent and broke the channel and have at least 3 planes of support with one of the other 3 paths are more probable. That said, we just broke all the supports while I was typing this, in support of this arrow. This path could see a low around $7800 as early as a week from now. This would most likely be a great entry point and the lowest we will see BTC for a long time. -Continue along the bottom of what may become a large descending channel with an absolute low of $8000 possible mid-March. Right now this is definitely possible but it feels like one of the others may be more likely based on global order book support @ vcdepth.io -There has been a decent amount of support and resistance sitting almost perfectly $1000 above the long term ascending trendline. This could hold and in fact could be bottom of a long term ascending channel with the top of channel sitting around $10k right now and also in a lighter red. If we are stuck in this channel we end up in the same place as the next option. -There is a chance we take this little sub ascending channel to $9450 by mid-March where there is a large chance we will confirm this as a descending channel and likely follow it all the way down to the 5 year trend line before making its next big run to hopefully surpassing February highs with a low around $8400 mid-april. *Note there is a chance if we drop to $8200 that we could form a nasty head and shoulders. Also watch all these lines, whichever direction we go from here, it will likely bounce between a set of these lines which can help identify entry and exit points. This is not investment advice, do your own research!
COINBASE:BTCUSDEducation
by EncryptShawn