BA @ bottom of rangeLooks like BA is gonna bounce off the -2SD line again and go back to the +2 SD line for a PT of $300
BOEI34 trade ideas
$BA - Ever seen a bullish crab pattern playing out!BA is currently playing out Bulkowski's Bullish Crab pattern. The pattern starts from 0 to A, B, C and D which completes the Crab shape pattern.
If this patterns holds true the price should reach to E which is around $260. It doesn't mean it will stop at $260 but its a good place to take some profits.
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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 will take a slideBA has quite meaningless gain lately, recovery aint as good as thought.
I think boeing has not completed it's downfall, predict to go down to around 185 soon
BoeingDisclaimer/
On average, 90% of all stocks move down with the market, and 75% - up.
The wave principle applies to some extent to individual stocks, but counting waves for them is often confusing and has little practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses
BA rejected at H&S neck lineGreenline -Primary trend support
Yellow line - H&S neck line
White line- Possible bear flag /Minor support
That H&S took almost 10 months to form which means its strong resistance there. Boeing will need a strong catalyst or company news to break above that neck line.
If it falls through bearflag
Tp 1st Is purple line (200ma/Fib support)
Tp 2nd Primary trendline
Bullish scenario - i wouldnt go long here unless it can reclaim 245 fib support. That would put it back over its 100/50ma and H&S neckline
BA SWING UPDATERetesting trendline watching for entry here, holding some $240 Calls 8/27 from 4.00 as a lotto
Note: Please be aware this is a very risky swing idea because of the delta variant.
Not finacial advice just my opinion.
NOT Financial Advice. $BA to cross this trend linePlease do your own DD. This is just my own simple analysis on $BA
BA: Make or breakLooks like BA is poised for a run up given some of the recent good news. This needs to be supported by the broader market of course, but if things align, and we break out of the flag on the weekly, a run up to 300 may not be out of the question. A hedge to cover the bottom of the flag may also be a worthwhile addition if going long before confirmation of breakout.
BA FLAGGINGGive this a peep im taking calls out of the gate tomorrow, 8/20 240C ride it out lets get it.
Double Bottom TrianglesBA has had a bumpy ride to say the least. I see a double bottom. You could count it as more bottoms from the candle tails by the bottom on the left, but to me those are not really bottoms, but was part of an uptrend. Everyone is different on the bottom rules (o: It does mean the bulls made a stand at this level. (blue stars)
Triangles are triangles, whether they are Symmetrical, Ascending, or Descending and price can break either way, up or down. All 3 types are neutral until a trendline is broken and a trend in the direction of the break has started.
I see three triangles. 2 symmetrical triangles are inside a large Descending triangle. It is a messy chart due to all of the commotion, but the dashed lines are triangles. Price is inside the smallest triangle right now which recently formed. It appears to share the top trendline with the other 2 triangles. The medium sized symmetrical triangle has already broken to the downside and seems to have recovered most of the ground lost during that fall. (orange arrow marks the break of the bottom trendline of this symmetrical triangle) The larger triangle appears to be a Descending Triangle, but the support of the larger, descending triangle saved price from possibly falling any further than that the bottom trendline (support) when it fell from the Symmetrical Triangle.
BA is approaching the resistance of the top trendline (which is the top trendline for both of the triangles that I see). The 50 daily simple moving average (SMA) is barely over price and appears to possibly be causing some resistance. Moving averages can also act as support and resistance levels. A candle wick did break through the 50 today. It is considered a bullish scenario to have price over the 50. The 200 (red) is sloping up, meaning long term everything looks good right now. It would be good if the 100 (yellow) could get on top of the 50 (o: If the 50 crosses up through 100, that would be bullish. Moving averages change just like any indicator, and just a week or so price was under the 200 and now it is a healthy distance above it.
A while back, negative volume was very low on BA. NV (negative volume) went from very low to very high when price hit the 2nd bottom and remains high. Negative volume can indicate smart money and I like to see it because I know they will come in if it approaches that level.
There are pocket pivots near the first bottom (green triangle below left bottom). Institutions buy within consolidation periods and during uptrends. This buying will leave behind a volume signature, and that volume signature is called a pocket pivot. The definition of a Pocket Pivot is the day’s volume must be larger than any of the down volume days in the prior 10 days.
I apologize if this is confusing )o: I will probably dream about triangles tonight. (o:
No recommendation
When you thin that Boeing is gonna fly.... Sell ScenarioHello!
Nice uptrend, but we have a head and shoulders on the chart.
The price breakout the neckline, we expect a retracement to the next support!
Enjoy!
$BA | Trade Idea (Update)Time and patience are key on this one. Boeing is a slow mover so we must trade it like that. Still holding 2022 calls on this. Might not happen this week, but watch for this weekly bull flag to break upside for bullish confirmation. Targets above are $260, $280 and $300.
$BA Position trade. Inv H& S forming on D & Bull Pole Flag on W$BA Position trade. Inv H& S forming on D & Bull Pole Flag on W. RSI just getting into bullish terrirtory. Decent R/R. Can take months. Bull Pole Bull Flag on the weekly. Three rising methods on the Weekly. Not Financial Advice. D your own DD.
BA Watching for a break out of the orange zone, Bullish price targets in green, bearish price targets in red.
BA could be shaping upNYSE:BA
I find this one tough to trade. Gets some momo & then dumped on.
Bulls def stepped in when they needed. Always on watch. Looking for that upside break & hold.
BA Flying?BA is staying inside this weekly chart asymetric triangle.
On the daily, it has been making a bullish flag, broke out, and retested.
Last few days it has been positive, except for a pull back today. If it breaks ~137, it can pump! If not, it will be consolidating for a while.
Boeing 21% in 9 days but we did not take profitWe are back at our entry price after 3 months. its time vs return. We would have had 21% in 9 days but oh well
$BA with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $BA after a Positive over reaction following its earnings release placing the stock in drift B
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(Request by user ktaba) BA: Price is consolidatingPrice broke down down back in mid July and the up trendline supported well. It then retraced to neckline and followed by a small sell off before stabilizing at current price.
It seems like price is going to be in consolidation for awhile. Depending on the price action of the consolidation, that will give us a hint on its next move.
As price is currently in the middle of a long pennant pattern, I won't be buying or selling yet.
However, the other airlines are showing signs of slowing down in the selling pressure. BA seems to be the stronger stock. Therefore, my bias is towards buying should the next few days shows weakness in selling pressure as well.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
$BA - Thoughts on Boeing for August and onwards...For this analysis, I'm using Gann fans and Fibonacci retracements to help predict upcoming price action for BIG DADDY BOEING!
By comparing fans (and squares) from two different time frames (and after identifying confluences), we can use those confluences to define support and resistance levels within the current trend.
AT LEAST THAT'S WHAT I'M TRYNA DO HERE.
I'll be watching for a successful Starliner launch on Aug 3rd as a signal of Boeing's return to bullishness (after an early week flirt with 220).
Who knows. I sure don't. But I like my chart so at least there's that.
What do you think??
