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 trade ideas
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
BA to $300 in early August?Boeing looks like it could make a push to the $300 range if it continues to follow the current trend. Earnings will either push it to the top of the channel or break below it.
Boeing prone to crashUnfortunately, Boeing does not have a good chart at all, and if the important support range of $ 200 is lost, we can easily see the price range below $ 100.
Investing in Boeing is low risk when it can stabilize above $ 300 for a few months.
Boeing - buy and holdPrice is 50% below its ATH.
Weekly chart - a potential leading diagonal in play.
BA Long Run As we can see on 4H BA form a nice pattern price will close its first Gap at 217.24 .
breaking (B) at 221.7 as its first target.
2nd target will be 230-235 and more
BA Boeing Looks like it might actually surface above the clouds.Looks like a good place to get in on BA it has seen some pretty rough days here latley. It just hit absorption or atleast attempted to so we should see 3 bounces off of that and then volume should start to decrease as price increases.
by iCantw84it
07.20.2021
It is time to short boeing.All right folks, boeing on the 1day has officially broke the VWAP and has continued to fall post-market. Now is a good time to take advantage of the negative news as well as the market correction. Delta rising, boeing problems rising (mechanical, etc).
Why short boeing
MACD bearish volume with no curve
VWAP broken without big bounce at VWAP
RSI has new LL
Targets:
192.36
175.42
Falling to BBand at 158 would be pushing it but for a longer term holder could be plausible.
SL @ 219
Good luck
Please note: I do short term holding, will not hold this position longer than a day or two. Check back for updates.
Long BA 24-05-2021Asset and Time frame -BA,4H & Daily
Entry Price -234.20
Exit(Stop Loss) -217.61
Exit(Take Profit) -279.82
Technical Analysis - Price has reached to top of the channel and got rejected back down,on the daily chart the price jumped back above the 100 MA, and the same goes for the 4H chart,Nice volume and median line break with a good bullish candle.
$BA 2021-JUL-20$BA has broken the lower bound of the +/- 2 deviation channel, though we have seen 2 examples of this in the recent history that have bounced back into the channel.
That said, the RSI is at it's lowest point since COVID kicked off. That suggests that we are definitely outside of the normal fluctuations of the rising trend line. Volume is also largely on declining days, so there are a lot of sellers putting downward pressure on price.
Chances are we will see a bounce in the near future (assuming the wider market doesn't further tank); but whether that is an ongoing recovery is seemingly less likely.
Long Run on Boeing BALooks like BA has reached potential support.
Looking for signs of bottom to go long on the 15 min chart and for the 100ema to cross under the 200 on the 4 hour into daily chart to present possible price reversal.
Looking for entry around $200 - 190.
Take profit around $300
Technical Analysis:
Positives:
1. In line with post Covid trendlines.
2. RSI below 30
3. OBV shows slowing of selling
4. MACD around neutral
Negatives:
N/A
Fundamental Analysis:
Positives:
1. New drone project expected to raise billions
2. Large United Airline order (200 -737 max)
3. travel increasing as Covid restrictions lift
4. China approval of the MAX will likely happen in the second half of the year.
Negatives:
1. Airbus taking market share
2. Chip shortage slowing production and creating backlog
3. declining sales trend for planes
4. China trade relations are a mess
* Not trade or investment advice, trade at your own risk.
$BA, short opportunity after break of trendlinetrendline broken through
horizontal support violated but can still hold
watching for a reversal on Monday to close out for small profit, could drop to 212 before bounce back to 218
BOEING COMPANY (BA) for long positionSignals
Position: long Entry price: 198
Target price: 230 Stop loss: 200
Indicators
RSI is very low, better to wait till the price touches the support line around 198.
Bullinger bands and Keltner channel are opened, meaning a strong trend. So the price will probably reach the support. Same clues from the MACD .
Conclusions
Boeing is going to be fine despite the near-term turbulences. Recent weaknesses from the stock is an entry opportunity for long positions and also for long term positions.
Clearly from the lines the trend is positive.
BA - DAILYBA
ENTRY 200 - 205
1st Target = 223
2nd Target = 266
3rd target = 308
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
