BAD trade ideas
Boeing demand zone.After analysis by market structure probability price is going up.
I am apology my grammar is not good.
BA Long1) Duopoly
2) $400B in backlog orders
3) Government backed
4) US Premier aviation company
5) Technicals are in alignment for a bounce at the monthly Golden Fib level.
6) Fear is spreading quick due to recent layoffs. (Buy when others are fearful, sell when others are cheerful)
BA Thin Structure Retracement# Boeing's 2024 Outlook: A Bearish Perspective
**TL;DR**: Boeing's 2024 is plagued by crippling labor strikes, production defects, delays in its aerospace programs, and a CEO drawing a massive paycheck despite mounting losses. With no clear solutions in sight, the company's stock is suffering, and the outlook remains bleak.
---
### Key Issues Facing Boeing in 2024:
1. **Prolonged Labor Strikes**: Since mid-September, 33,000 skilled workers have been on strike, demanding higher wages and the reinstatement of pensions. Boeing's factories remain largely idle, costing the company $50 million a day. Negotiations have made little progress, and the strike shows no signs of ending
2. **Production Defects and Supply Chain Woes**: Ongoing problems with the 737 MAX, including engine defects and supply chain breakdowns, continue to delay production. These issues are driving away key customers and worsening Boeing’s reputation
3. **Starliner Space Program Failures**: Boeing’s Starliner spacecraft has failed to meet NASA deadlines, missing another opportunity to transport astronauts to the ISS. This has further tarnished its credibility in the space sector, leaving SpaceX to dominate
4. **Financial Instability and Credit Downgrade Risk**: Boeing’s stock price has nosedived, and analysts are warning of a potential credit rating downgrade due to weak financial performance and rising operational costs
5. **CEO Compensation Controversy**: Despite the company’s deepening struggles, CEO David Calhoun continues to receive a significant paycheck, raising outrage among striking workers and discontented shareholders
---
Boeing’s problems in 2024 are compounding, with its future looking increasingly uncertain. Investors hoping for a recovery may have to wait far longer than expected as the company grapples with major operational and reputational crises.
"""
BA Boing still going down. This is my channel on boeing. its still going down. there is some small areas of consolidation on the 1 hr chart But it is still going down. Maybe a good options play to the down side. you could trade in the channel. we will see what happens.
BOEING, TIME TO FLY AGAIN BIRDIE (MONTHLY CHART)BA bulls got shafted from the double top sell off at 265.
It is now breaking down through the monthly bull trend support. It is hanging on for dear life before the drop to $120.
rumors of BA having to dump shares to raise capital for the strike would be a great bargain for dip buyers.
Forgot if it was Peter Lynch or Munger. Maybe Howard Marks - one of them said one of the best deals is when someone is forced to give up shares, that is the best time to come in.
BA - Just a sneeze awayBA is on a thin ice here, just a sneeze away and breaks the bottom to touch 120's
I'm not trading this, this is a very volatile name with so many news events every other day.
Worst planes, best stock! Boeing.Based on 21 Wall Street analysts offering 12 month price targets for Boeing in the last 3 months. The average price target is $206.11 with a high forecast of $240.00 and a low forecast of $110.00. The average price target represents a 31.92% change from the last price of $156.24.
BA LONGPotential falling wedge and multi-year trend line confluence, good spot R:R for a long to target 173.25 as a first stop and attempt to breakout. If 173 clears we can target 50dsma and 200dsma above at 192-197.
Long setup is void below the blue line unless there is a FBD with a wick that forms rapidly.
Boeing: Taking Off?Boeing continued its decline recently, moving steadily toward our green Target Zone ($146.35 – $113.35). Just this Tuesday, the price reversed only $0.23 above our Zone. While it’s technically possible that the stock has already established the low for wave (2) in green with this dip, we aren’t convinced. So, we expect another pullback soon, with the stock eventually landing within our Target Zone.
Boeing (BA) Shares Hover Near Two-Year LowBoeing (BA) Shares Hover Near Two-Year Low
Despite the S&P 500 index (US SPX 500 mini on FXOpen) rising roughly 20% since the start of 2024, Boeing (BA) shares are currently around the psychological level of $150 – a low last seen in autumn 2022.
Several factors have driven bearish sentiment for Boeing in 2024:
→ Reputational setbacks due to technical issues, including helium leaks and engine malfunctions on the Starliner spacecraft intended for astronaut transport to the ISS.
→ Boeing has struggled to meet its aircraft delivery targets, and it reported significant financial losses in Q2 2024, with earnings per share nearly halving forecasted estimates, further impacting investor confidence.
→ Fines from the U.S. Department of Justice, worker strikes, and other operational challenges have compounded issues.
Technical analysis of Boeing’s (BA) chart reveals:
→ In 2024, the share price has formed a downward channel (marked in red), with the Resistance 2 trendline suggesting that bearish sentiment could intensify.
→ The price hovers near the channel’s lower boundary, potentially supported by the $150 level.
This positioning might prompt bulls to attempt a breakout above Resistance 2, possibly replicating the pattern seen after the Resistance 1 break in May 2024.
Otherwise, a drop below $150 would indicate intensified bearish pressure and underline Boeing's fundamental challenges.
What’s Next?
Analysts remain optimistic about Boeing’s (BA) prospects. According to TipRanks, the average forecast for Boeing’s share price is over $200 within the next 12 months.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
BA - LongMean Reversion Trade - Ticker: NYSE:BA (Long)
Setup:
Mean Reversion Trade (Long)
Key Criteria:
1. Price has tested a prior breakout/breakdown level, 15+ day pivot in price, or monthly/weekly Fair Value Gap (FVG).
2. Market Cap is above $10 billion.
3. Price swept highs, closed lower, with a gap between the open and the previous candle close.
Specifics for NYSE:BA :
* Market Cap: $95 Billion
* Relative Volume: 1.21
* Technical Levels: $150.00
* Technical Setup: Mean reversion trade based on weekly fair value gap fill, increased relative volume, price closing above VWAP.
Trade Details for NYSE:BA :
* Position: Long
* Entry Price: $154.50
* Stop Loss: $149.50 (below daily pivot)
* Risk per share: $5.00
* Risk: 1% of account equity
* Order Type: Buy Stop Order
Targets:
1. Target 1: $160 (1.2R) — Based on daily range.
2. Target 2: $167 (2.50R) — Based on weekly pivot level.
3. Additional Target: $173 (3.84R) — The full gap fill level.
Exit Techniques:
1. Scale out 33% at Target 1.
2. Scale out another 33% at Target 2.
3. Exit the remaining 34% based on a "Reason2Sell" approach:
* Price Reversal Patterns: Double tops, head and shoulders, falling wedges.
* Overbought Conditions: RSI exceeding 70.
* Negative Divergence: Price makes a new high, but technical indicators don’t confirm.
* Support Level Breakdown: Price breaking below significant support levels.
* Increased Volatility: Sudden surge in volatility or trading volume indicating selling pressure.
* Volume Nodes: Observe price action around liquidity points.
Reasoning:
The technical signal is clear: the price has tested a key weekly/monthly level and shown strong buying throughout the day, closing above both the VWAP and the prior day’s low. This signals a potential reversal and gives strength to the mean reversion trade idea.
1. Stock Sale Impact:
Boeing recently announced a $10 billion stock sale, but the actual sale won’t occur for at least a month. This means there’s a clear trading window of about 20 days where the stock isn’t immediately impacted by dilution concerns, giving us time to capitalize on this technical setup.
2. Earnings Timing:
Boeing's earnings are scheduled for October 23rd, which leaves exactly 15 trading days before the report. The strategy is to exit before earnings to avoid excess volatility, and this window aligns with the mean reversion trade thesis.
3. ATR and Tradeable Range:
With an ATR of $5.00 over the last 15 bars, the stock has a well-defined trading range that supports targeting the $160 and $167 levels. The ATR gives a reliable measure of daily movement, allowing for precise entry and exit planning within this mean reversion setup.
4. Defense Sector Strength:
Boeing (BA) is a key player in the defense sector, and with Lockheed Martin (LMT) and Northrop Grumman (NOC) holding strong while Boeing has slid, it’s worth noting the possibility that geopolitical tensions (e.g., the Israeli-Iran conflict) could boost BA’s involvement and add fundamental strength to the trade. The stock has been underperforming its peers, and this divergence signals a potential for a dead cat bounce or reversal.
5. Options Flow Conviction:
Recent options flow data from October 1st shows significant interest in out-of-the-money call options at strike prices of $170 and $175, with expirations from November 2024 to January 2025. The fact that these contracts are trading at premiums of 98%-100% suggests that large players in the market are positioning for a bullish move in Boeing. This aligns with the technical setup and signals institutional conviction behind a potential bottom being formed.
Stop Loss Strategy:
* Adjust the stop loss after Target 1 is hit, scaling out shares accordingly.
Additional Notes:
* Set automatic scaling for profit-taking as targets are reached. Manage your risk if the full position remains after targets are hit.
* Feel free to ask for any clarification or additional support.
Boeing TurnaroundOnce again, charting a simple RSI divergence and forecast a short-term turnaround for BA
Boeing secured five new and modified Defense contracts worth ...... Worth at least $8.46 billion, including a $6 billion deal for small diameter bombs and a $1.68 billion contract for C-17 Globemaster III support...
When ... MOOOOOOONN.... ????
BA LONGBullish divergence here on weekly and possible falling wedge
looking for longs above 143 to revisit 194.
long is void below 143.
BA is far from over It just broke out of a bear flag formation.
If 160 level fails to hold, this can see 142 and 116 quick.
Possible sub 100 level if rest of the market drops.
Target #1 - 160
Target #2 - 142
Target #3 - 116
The Infamous Boeing: Accidents Weight on PriceThe Infamous Boeing: Accidents Weigth on Price
Dear Esteemed Members,
Boeing’s stock price has also dropped by 8.5% since Monday after a plane had to make an emergency landing after a part of its fuselage ripped off mid-air. Another plane was grounded after a window fell out during takeoff. Alaska Airlines decided to inspect all Boeings.
The competition from Airbus, which has secured a deal with the US Air Force to provide 20 A330 Multi Role Tanker Transport aircraft for $3.5 billion. This deal could give Airbus an edge over Boeing in the military aviation market, and also boost its reputation and revenue.
Kind Regards,
Ely
Boeing Approaching Critical Support: Will $150 Hold or Break?Hey fellow traders,
Boeing ( NYSE:BA ) is facing some turbulent times both fundamentally and technically, and all eyes are on the charts to see what happens next. Let’s break it down.
After a series of tough news — including a machinist strike and warnings about a potential credit downgrade — Boeing has seen a sharp drop, falling nearly 4% on Friday alone. This brings the stock down to $156.77, close to a two-year low. But that’s not the full story; we’re approaching a pivotal level that could make or break Boeing’s near-term future.
What’s Happening on the Charts?
Downtrend Dominance: Boeing’s been in a consistent downtrend, with a well-established trendline that’s been pushing the price lower for some time now. Each time the stock tries to break through, it’s met with resistance. We’re getting close to testing that support again.
$150 Key Support: The price is closing in on $150 — a level that’s acted as a strong support in the past. This is the line in the sand, and a lot of traders are watching closely. Will it hold, or are we headed for further downside?
Possible Scenarios Ahead
Bullish Case: If Boeing finds support at $150, we could see a short-term bounce. The next logical target would be back to the $170-$175 range, which lines up with that downward trendline.
Bearish Case: On the flip side, if $150 breaks, things could get ugly. Given the current sentiment, we might be looking at a sharper drop, with $130 as the next potential support area.
Volume Will Tell the Story
One thing to keep an eye on is volume. If we start seeing increased selling pressure, it would confirm the bears are in control. Right now, the fundamentals (negative news, cash burn, strike) are aligning with the technicals — a dangerous combination.
Final Thoughts Here
Whether you’re bullish or bearish, the next few days could provide some interesting opportunities. If $150 holds, we might see some relief, but if it breaks, it could signal much bigger downside potential. Let me know what you think! Will Boeing bounce or break?
Boeing Faces Major Setback as Workers Vote to StrikeBoeing Co. (NYSE: NYSE:BA ) is once again facing turbulence, but this time, it's not related to its planes or production flaws. Thousands of Boeing factory workers have overwhelmingly voted to strike, rejecting a tentative contract agreement, sending shockwaves through the aerospace sector. The strike could have substantial financial consequences, not only for Boeing but also for airlines, suppliers, and the broader industry. Here’s an in-depth look at the technical and fundamental aspects of Boeing's current situation.
Union Discontent and Financial Repercussions
The decision by Boeing workers to strike, voting 96% in favor, comes after rejecting a contract that offered a 25% wage increase over four years and a commitment to invest in the Puget Sound region. The workers, represented by the International Association of Machinists and Aerospace Workers (IAM), found the deal insufficient, especially against the backdrop of Boeing’s previous issues and ongoing recovery efforts.
Key Factors:
- Financial Strain: Boeing has been struggling with production delays, safety concerns, and a staggering $60 billion debt load. A prolonged strike could worsen these issues, especially if it drags out as the 2008 strike did, costing Boeing $100 million per day.
- Impact on Operations: The strike affects Boeing’s major assembly plants on the West Coast, including Seattle and Portland. This could disrupt the production schedule of key models like the 737 MAX, already under scrutiny by regulators.
- Market Response: Boeing's stock is down 36% year-to-date, reflecting investor concerns over ongoing financial strains and potential production disruptions. With the strike, there is a real risk of further downgrades by rating agencies, putting additional pressure on Boeing’s credit standing.
Technical Outlook
Technically, Boeing’s stock is already on shaky ground, having been in a downward trend for most of the year. The strike news has pushed the stock further down, trading near its lowest levels since November 2022.
Technical Indicators:
Boeing's shares fell around 3% early Friday, breaking below key support levels as the market digested the strike news. The stock is now trading near $180, a critical psychological and historical support zone. A dip below the critical support of $126 will lead to massive sellout as it stands as the major building block holding Boeing (NYSE: NYSE:BA ) stock.
The stock has been trading well below its 50-day and 200-day moving averages, a bearish signal that indicates ongoing downward momentum. A death cross pattern was recently confirmed, suggesting further downside risk.
The Relative Strength Index (RSI) remains oversold, hovering around 40, indicating that while the stock is heavily beaten down, it could still see further selling pressure. The MACD is also trending negative, reinforcing the bearish outlook.
What’s Next for Boeing?
As Boeing (NYSE: NYSE:BA ) navigates these troubled waters, the outcome of the strike negotiations will be crucial. The company has expressed its willingness to return to the table, but workers are holding firm on their demands. For investors, the key will be to monitor any updates regarding the length and impact of the strike, especially on Boeing's production capabilities and financial outlook.
Boeing’s challenges are emblematic of broader issues in the aviation industry—supply chain disruptions, rising costs, and workforce discontent. A prolonged strike could set Boeing back in its recovery efforts, delaying production and hurting its reputation further. For now, the market is on edge, watching closely as Boeing seeks to balance financial prudence with the demands of its workforce.
Investor Takeaway
Boeing (NYSE: NYSE:BA ) remains a high-risk stock in the near term due to the ongoing strike and financial uncertainties. Investors should be cautious and consider the potential for further declines if the strike continues. Key technical support levels and the company’s ability to resolve union disputes will be critical factors influencing Boeing's stock performance in the weeks ahead.
While the long-term outlook for Boeing (NYSE: NYSE:BA ) remains tied to the broader recovery of the aviation industry, the current scenario presents significant short-term headwinds. Navigating these challenges successfully will require careful negotiation, strategic decision-making, and, most importantly, a commitment to restoring the trust of both its workforce and investors.
BA - when to buyhi Traders,
Let's have a look at BA stock on 1D time frame.
BA stock doesn't look good here.
The price has been in a down-trend and it's likely to continue this trend.
Buy zone: 114 $- 124$
Mid-term Target: 267
BA, buy the dip candidate, but still choppy futures ahead. after breaking out monthly descending wedge and hitting $265 high, we are now at the 200MA around $160.
stock will likely chop in the highlighted triangle.
very choppy from 160-190.
still choppy from 194-265.
it is at the buy the dip zone. it is now at the breakout level at ~160 from the december 2022 highs that led to 1 year rally up to 265.
Boeing Co(Extended Hours) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | Weekly Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | Daily Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.786 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Sell
