$BA long ideaLooks like we are in the final stages of a triple combination correction Wave.
If this plays out, there is a huge long potential.
I will be looking for a move through the trendline and the 200MA and if it holds above I will take it to the long side.
*This is my personal analysis and no financial advice. Please make your own educated decisions when you invest your money. Good luck!
BA trade ideas
BOEING - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BA is overall bullish , trading inside our brown channel and since it is retesting the lower brown trendline and round number 200.0, we will be looking for trend-following buy setups.
on DAILY: BA is forming a channel in red, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BA would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Potential in BoeingBA hasn’t participated much in this bull market recovery. Impacting them are political risks with China continuing to halt repurchases of the the 737 Max for domestic travel use. Imo R/R is favorable for longs at current levels, with much of the negative news already out and factored into the market. It might just be time for BA sooner than bulls and bears believe...
$BA pullback to breakout trendlineBA had a nice breakout to start the day but it needs to bounce off this $228 trendline area to maintain the bullish momentum. Long term (into end of 2022), I really like this company. There is a lot if tailwinds that should push this into the high $200s if not higher. GLL!
$BA looking to break here soon...After a long period of consolidation, BA is trying to break out of this triangle and start a continued move higher. The mid-term VWAP dates back to June 2020, when BA rocketed from $117 to $234 in less than a month. Several more times we have attempted a breakout only to fail, resulting in this triangle pattern. The risk/reward potential to the upside is very reasonable. Call spreads for 11/19 $250/$275 are at $2.40, with max reward $2,500. For me, going to try naked $250 call for next week. GLTA!
BA : Not yet to buy, but positifs signalsIn daily Boeing is in bearish trend, the candle of 21 september was a good signal for the weakness of this trend.
for me it s not a time yet to enter. we need some obstacles to be broken :
the prices cross the cloud
chinkou break tenken and kijun and cross the cloud.
there are a good signals but for now, it s better to wait next week to see better
Boeing Regression Trend BreakoutLT Price Target - $320 (Mid December)
ST Price Target - $220 (Early November)
Boeing took a hard hit post Covid market crash and is ready to turn to the upside after its earnings report the 27th.
Looking to enter November for a strong push towards the $320 mark.
Chart seems to have broken out of a bullish wedge pattern, bouncing off of its resistance trend line.
If bearish momentum continues.. stoploss at $200-205
$BA long. Trading the next trend legHere we can see $BA forming a descending wedge on the weekly timeframe. A break above its resistance will more likely then not , continue the trend we have been in and we can capture the next leg of the trend. The MACD is about to curl over and the RSI is about to cross the midline. Both of which are nice bullish signs.
BA: This Stock Should Move Up Very SoonThis beautiful "Descending Channel" it's not doing the final step.
As it seems the actual situation is blocking to stock of moving higher above the channel.
Any break out of the price above the channel will increase our chances of a faster price increase.
Targets:
$274.60
$289.14
$308.25
Thank you and Good Luck!