BOEI34 trade ideas
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.
$BA - Thoughts on Boeing for August and onwards...For this analysis, I'm using Gann fans and Fibonacci retracements to help predict upcoming price action for BIG DADDY BOEING!
By comparing fans (and squares) from two different time frames (and after identifying confluences), we can use those confluences to define support and resistance levels within the current trend.
AT LEAST THAT'S WHAT I'M TRYNA DO HERE.
I'll be watching for a successful Starliner launch on Aug 3rd as a signal of Boeing's return to bullishness (after an early week flirt with 220).
Who knows. I sure don't. But I like my chart so at least there's that.
What do you think??
BA is breaking out of the wedge patternNYSE:BA is breaking out of the wedge pattern and is expected to post some good gains. Anticipated price action and targets are shown on the chart, stop daily close below 219$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
BA trade ideaNYSE:BA I have a swing entered before maker close yesterday. BA is on the bottom of its channel. lets see how this plays out.
BA Distribution vs. AMZN Distribution: Uncanny ResemblancesPossible spring presented following markup during last few weeks of trade on AMZN
$BA - bullish channel $272 possibleIn a longer timeframe, the price bounced from lower trend line in up trend channel (blue lines).
The break out from shot term down trend (orange lines) inside the uptrend channel.
Resistance - $250
Good case - $272
Best case - $300
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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.
BOEING - THE SETUP TO 300'SBoeing shocked everyone today with a surprise beat on earnings. Here is the setup as we can now say that ABC correction wave has ended and we're now on the way to completing the major 5 wave but in the midst of the minor 1 wave.
236.21 is a major Volume distribution zone and if above, I think we can see 244-245. Depending on where this correction occurs, I plan to enter again on the minor wave 2 down which should retrace around 50-62% (on average) of wave 1 length. From here we can begin our journey into the upper green box (green box will change depending upon the length of wave 1 and pullback % of wave 2) - This is merely a projection right now.
#Boeing #BA
BA Play 7/28Boeing I believe goes lower towards the 200-190 range.
Can't be long on this name while its taken down production lvls and airfares are at 50% of what they used to be from last year . There's better places to put your money than Boeing right now and investors will come fleeing back once it goes back to 194.
You can scalp with those lvls given for tmrws intraday session . But longer term I'm short on the company.
BOEING preparing for next bullish impulse.....!!!Boeing(BA)
After every impulse price makes a correction and after the break price starts the next impulse, I expect the same this time..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
simple strategy with BA for monday 07/26/2021BA is supported by the moving average 200 daily chart. it has a divergence between the 5mn bearish and 15mn bullish charts. on the 30mn and 1hra charts it is bearish. In the break of the double top 224.00 we take a buy at 225.00 not before, in case of touching the 225.00 higher we find the following moving average resistance 50 period at the price 237.38.
for the downside strategy we have the following if BA at the opening opens below the price 223.00. We will have a gap retest with a double bottom at the price of 219.00 in case of breaking the 219.00 our entry to the downside will open at the price of 218.00 just below the moving average 200 graph 15mn
