BA LONGNYSE:BA
At the support zone, we got the two bottom pattern in D1 , at W1 the second bottom create morubozu candle
=> Long time!!
BA trade ideas
Huge drop coming For those that need a reason. They need news. Hundreds of flights being cancelled a day. Boeing has a far fall to take. Investors be patient. Day traders. Well good kick making Chunp change. Investors who control the market be patient. Boeing will be in the clearance aisle in the coming months.
DOOMIN RNNot really much to say here...outlook is quite bearish until proven wrong, Everything probably looks cheap in markets to people who have got in recently let's see how long that lasts.
BA headed to 170 in the next couple of weeks Been a slow short since dropping below 200 but that's because of the oversold conditions on the weekly. closed beneath 193 fibonacci level that's been holding it up that last month. In the next couple weeks I expect new travel restrictions on Europe because the increasing cases over there and pending lockdowns. I think we will be headed to 170 within a month.
BA Bearish Trend AnalysisLooking for a retracement to the 203.58 area before taking an entry to the short side
$BA - Double bottom?Boeing looking like double bottomed! If the price can reverse and break above $212 will be bullish and considered double bottom is confirmed.
Target 1 - $212
Target 2 - $235
Risk - price fall below $188 or failed to break above $212.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
BA double bottom!divergence and bollinger bands tightening could be a great klong position for the long term since Boeing is a strong fundamental company!
boeing will crash soon too 150 dollar with classic analysis all trends were brouken and the target of BA WILL BE 150 TO restest down trend from the top
BA Descending Triangle Weekly Options PlayDescription
BA has been working this Descending Triangle from its post-covid crash high around 278. There was one false breakout to the upside on 15NOV, which I traded, related idea linked.
Descending Triangles are bearish in nature, and the implied move carries BA down to 137.
Intermediate supports are at 194, 179 and eventually 144.5.
The immense amount of short triggers I am getting in this market is alarming, indicating institutional liquidation has been going on since around JAN - FEB.
The "new strain scare" from last Friday shows a perfect of example of investors looking for excuses to sell, not reasons.
In reality, the market is not worth its current valuation.
Good News = Rising rates = bad for earnings = bad for stock market
And bad news is just bad news.
Long Put
Levels on Chart
SL > 205.8
PT : 179
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/31 180P
R/R & Breakevens vary on fill.
The long put is placed at a reasonable midpoint between current stock price and eventual price target utilizing available strikes. I do not expect BA to reach this price target in a month.
Manage Risk
Only invest what you are willing to lose
Boeing TurbulenceMy first trading idea on tradingview, the contents are for informational purposes only and do not constitute investment or trading advice. :)
A short opportunity for BA with the break of a descending triangle and price<ema50<ema100. A pullback to the baseline of the triangle was a great entry @ $209-210.
The current price of 196 still presents an opportunity to short with a profit target of $150, stop loss of $214 (slightly above the baseline), a risk-reward ratio of ~2.4. Will watch for resistance at 180, 165, and 150 demand zones and exit potentially on high volume.
Nice relative strength on $BA this morning... Nice relative strength on $BA this morning... the 200Cs had great OI! Already about tagged so a little caution now.
Hows the mickey mouse club?See anything in these chart yet or are you still talking how its going to 8000 million dollars?
$BA rejection...Continued failures after any move up for $BA, not going to play for awhile until we can get back above and hold $200. Good luck all!
Falling from the SkyYep, that's Boeings stock price. Anyone know why its been falling ever since 285? I will give anyone who can answer that correctly 20 bucks in Tradiigview coins. I dont think you can answer it at all................ So here is what I recommend. You get a degree in finance and work for a wall street firm or complete your certifications at least. You may learn how to chart then.
Know where I am buying? South of the arrows I pointed to. How do I know its heading there. Well a little inside information if you will, I wont get to that here though. Its inside enough to be legal but .. well no need to explain. If you have about 10k I will teach you how to find things out. In addition to that though is the chart. I read the chart. Those candles mean something. They are not just random.
Good luck kids. Oh and to that KLW guy.. stop trolling begging people to teach you or ask when to buy. It's kind of sad.
$BA watching still...No position, but watching for my next entry. I like the hold of the $200 level, couldn't break $210 and hold yet. Will be on watch next week for breaking $210 or falling below $200. Until next week on this one.
$BA rejected so far...So far did not like the $210-$212 range, market weakness today also causing issues. Close out the same week plays, $205 put to cover calls helped out. Will reassess end of week for more long term spreads.
BA - Finally showing some signs of lifeBA, one of my favorite companies (I'll just throw this out there so you can know of some Bias before reading further), if finally showing signs of life and more catalysts on the horizon.
737 Max Approval appears highly likely - although this might prove to be a "sell the news" event after recent price movement, it ultimately will bring the stock higher in the coming months.
COVID Vaccine = more confidence to regain some sort of normalcy as far as air travel - I agree we wont go straight back to where TSA numbers were historically but it's a massive step in the right direction.
737 Max Orders - Rumors yes, but once the plane is FAA cleared - people will start to see and understand it'll be the safest bird in the sky. Fuel efficient, retirement of old planes, Planes ready to ship almost instantly.
Defense contracts - I sometimes feel like BA defense operations have been over looked (not all but some) and from a FCF perspective - this just is another drop in the bucket to getting profitable. Dividends reinstated down the line.
I'm sure I missed some but just throwing some ideas out there, why I see this heading in an uptrend with further room to run by year end.
PT1: $223
PT2: $265
PT3: $308
I'm betting by year end we're between PT1 and PT2 but as always trade wisely.
GLTA
$BA daily look...Still have some long term spreads, but into the end of the week going to try one $215 call at $1.29 here, might pair with a $205 put at $0.47 to cover...
BA - PLAYING AROUNDSo, BOEING you're crazy about where you really want to go, there's a gap up, there's a gap down, then it comes back inside the pattern. your price range is getting smaller and smaller. what now? Where are you really going?
Maybe its jockey was happy to play the price. LOL!
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RectangleBA broke down from a descending triangle and appears a rectangle has formed. Bad market days and BA busted down through the bottoms it has formed.
Now the bottom trendline of the rectangle, which is also the bottom trendline of the descending triangle became resistance. So BA needs to break that bottom trendline first, which looks to be trying today, Then this trendline will be support again.
No recommendation.
Boeing ! Pandemic no Pandemic, Human needs planes. Fox, How many times do we see the market drop on supposedly good news, or a stock price rise on the announcement of some pretty disastrous results? Of course, the talking heads will always find an angle to explain away these discrepancies, such as 'results were not as bad as expected or something similar, that is their job after all.
For a Behavarioal analyst like me, it is not the news that matters, or even the numbers in those results, it is the market's reaction to the numbers that is the only thing that matters, and that is all I'm interested in. Let me say it again I don't care what was the news behind this spike, all I care about is that it aligns well with my investment methodology. I will slowly start buying.
Trade With Care
