BA holdingBA is holding against resistance. If $BA can't break resistance, expect a fall back to $186, then eventually to $155 to fill gap.
BA trade ideas
BA at a cross roadsMy last examine of Boeing was a complete failure. This time around I took more time to try and evaluate all possibilities.
BOEING close right up to its year long resistance in addition to 100sma. RSI also has some resistance in this area. Also at the top of its bollingerbands
A breakout here would be huge and I think we could push for 226 fibonacci area before any pullback. 200sma also at 226
If we reject and close below 210 we could pullback to 193 then 170
$BA Relative strength....Nice rebound today from $210's back up close to high of the day, see if we can get a runner into close...
$BA 2022 UpdateWe have a new year! Great start for $BA, tested above $210 already, now to hold gains to prove that this is a different year. I would like to hold over $208 and not fade back to $205 today, then look to clear $210 and hold through end of the week.
Boeing 2022 OutlookBA will head up to $350 area around Aug time then will collapse to $30.
If you have any questions, lemme know in the comments and will answer you as soon as I can.
Thank you,
#NEWYEAR2022
#STOCKMARKET
#INDUSTRY40
$BA updated daily...Above the 10 and 21 Day SMA, inside day, below the anchored VWAP from the previous high.
BA to go lowerBA has had a slew of issues since two Boeing MAX commercial jets crashed in '18 and '19. From delayed deliveries to missing sales opportunities, Boeing stock still has more selling ahead. The 3.618 fib retracement sits rights at the gap at 158, but if the stock breaks down to those levels, I foresee the support being at the 4.236 level at 140-142.
Not financial advice
First red close in 5 days. More to come?BA looks like it may have lost its momentum. It is down 6% from where it was a year ago and tested the important level of $200 in the morning. The stop is the previous high of 205 if it moves to the 212 level by chance. A conservative TP is 193 with the 180's the next significant level.
$BA solid start...Target still $210, then $220 if we can keep this momentum going. Crucial to hold $200 on any pullback...
$BA ✈💡Gave us a nice reversal in the group this morning as we noticed call activity increasing. Cleared important levels and had some good news!
$BA held well...$220 is the first target on a recovery play here. Held pretty well on poor news over the holidays on cancelled flights, a lot riding on the end of this week to show strength.
$BA holding $200 line...After the airline cancellations I fully expected this to drop hard sub $200, today airlines and this are holding better that I expected. On watch for end of the year. Would like over $200 to end the year, ideally $210+, then start a rally in 2022 assuming COVID subsides...
Not much left for BA before it goes up in flamesLittle boys it's fundamental setup is sealed, not that one needs the fundamentals to know that. Thousands of flights cancelled in the last 2 days alone. The virus they are clueless about is being the headline to blame. The chart says it all. Boeing is about to nosedive in 2022 faster than your little mickey mouse can scream. Enjoy the couple bucks left before the nose dive. You don't want to be on a Boeing plane anyway, they have a habit of crashing and going up in flames.
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!!
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.
