BA More Whistle BlowersBoeing is down over 11% YoY and continues to respect this bearish channel. There are now 10 whistle blowers, with 2 being dead. I expect this to reverse Monday. When it does, go short.
BCO trade ideas
Ready for Takeoff?
NYSE:BA Boeing Shares had a volatile performance this week, with a decent uptrend rally on Thursday and Friday .
This is my strategy:
Using Bollinger Bands and Fibonacci Retracement, we see a slight trade volume and volatility increase as the price surpasses the SMA and nears the upper band. The price is at $179.79. We can expect it to reach a price target of $184.15 (test strategy here) before retracement or reversal as the shares will near overbought status.
Enter at price targets: $175.15 and $164.21
Hold for the price to cross $196.27 for uptrend confirmation.
🚨Boeing last throw of the dice? 🎲🩸Target price $155🚨JUST IN: VANTAGE:BOEING last throw of the dice? 🎲🩸 Desperately looking for a cash injection by selling +$8 billion in bonds
This came after reporting a $3.9 billion cash burn and quarterly loss. Moody's cut their credit to one step above junk.
We have pointed out price targets.
Mapped out price bounce targets.
Are you willing to catch a falling knife?
$BA oversold levelsNYSE:BA is at some oversold levels on the weekly and at least for now the media stop attacking BA.
Boeing struck $160 price level as expectedHello traders, skyboxpips here!
Boeing stock struck the $160 price level that we had drawn up in the previous week. This week may end in a Doji candle on the weekly timeframe
BA a MAJOR BOTTOM long CALLS jan 2025 at the money The chart is that of BA we can now confirm a 5 wave decline and it has a perfect fib relationship into the low print I have now taken a position in Long Calls for jan 2025 at the money Risk is small with a stop of 3 %
$BA short idea, Megaphone + Fibonacci Descending TriangleTitle says it all, I got in too early with all the news hype around BA's failures, of course, paytiences pays, the lesson you think you learned already ha. I love fibs when combines with technical patterns, seems very high prob, seeing a lot off risk off signals lately, wouldnt know if just looking at SPY QQQ etc, under the surface, feel like huge reversal will come within next 8-12 weeks. NYSE:BAC megaphone pattern is huge focus, looks like rising wedge right into resistance... NVDA hype dying so with it AI hopium? Meta getting hurt, Apples been crushed, Tesla down, BA down, how soon before the -5% correction on SPY in 1 day via 0DTE, hopefully wont be at work lol!
Korean Air's Potential Boeing 777X Purchase Stock up 2.25%Korean Air (003490.KS) is reportedly in talks with Boeing ( NYSE:BA ) for the acquisition of at least 10 Boeing 777X jets. This development comes in the wake of Korean Air's recent order of 33 A350 jets from Airbus, signaling a potential shift back to its traditional U.S. supplier. The discussions between Korean Air and Boeing highlight the airline's commitment to enhancing its fleet capabilities amidst evolving market conditions.
Resilience Amidst Challenges:
Despite facing delays in the entry into service of the 777X due to certification issues, Korean Air's interest in the aircraft demonstrates resilience in navigating industry challenges. The airline's willingness to explore opportunities with Boeing ( NYSE:BA ) reflects its confidence in the long-term viability of the 777X and underscores its strategic vision for fleet modernization.
Strategic Implications:
Korean Air's fleet review and potential acquisition of the 777X coincide with its plans to purchase a significant stake in Asiana, a move aimed at consolidating its position in the market. The acquisition of new aircraft, coupled with the integration of Asiana's operations, positions Korean Air for enhanced competitiveness and operational efficiency in a post-pandemic landscape.
Market Response and Investor Confidence:
Boeing's stock performance, despite challenges in its commercial airplane and defense businesses, reflects investor confidence in the company's recovery trajectory. The recent earnings report, which surpassed Street estimates and highlighted positive trends in free cash flow generation, signals progress amidst ongoing market headwinds. Shareholders' contentment with Boeing's performance underscores the resilience of aerospace giants in navigating industry dynamics.
Technical Outlook
Boeing ( NYSE:BA ) Stock is up 2.06% due to the fundamentals. The stock has a Relative Strength Index (RSI) of 38.50 with the daily chart showing a pattern of a "Bullish Flag Pattern" on the horizon. Coupled with the fundamentals and technical analysis, NYSE:BA stock is poised for a major bull run in the near to long term.
Conclusion:
Korean Air's potential acquisition of Boeing 777X jets underscores its commitment to fleet modernization and resilience amidst market uncertainties. The strategic discussions between Korean Air and Boeing ( NYSE:BA ) reflect evolving dynamics in the aviation industry, with airlines seeking to optimize fleet capabilities amidst changing passenger demands and operational requirements. As Korean Air navigates these strategic decisions, it reaffirms its position as a key player in the global aviation market, poised for sustainable growth and competitiveness in the years ahead.
covered call on BAI'm in longer term shares. NICE GAP up on earnings.
I figure = use this pop to get SOME PREMIUM at the long term moving averages... This will not get called away - and if it does, I'll be profitable
Boeing (BA) Hello Traders, Skyboxpips here!
Previously we posted our prediction on Boeing stock. Boeing earnings report will be released tomorrow on Apr 24 with an estimated negative earnings report.
The factors of the earnings report is most likely priced in to the market.
We are siding with longs for the swing
Boing - good levels for long-term.Greetings everyone!
Before the company reports on the 24th, we suggest you consider current levels with a long-term target of $240.
Detailed information will appear later.
I don't care how bad their airplane controversy isThe long term technicals show points of solid Risk Reward setups that are worth taking, If I entered now, I would have a tight stop under the daily low. If this breaks I would re-enter at the broadening wedge support, if that breaks I would enter at the trendline support from covid lows. Targets would be 20/50/100 daily EMA's. will this play out? idk. is the company doing trash. Yep. Does this offer a good risk reward setup for a technical bounce? Absolutely!!
Examining the Safety Concerns Surrounding Boeing's 787 Boeing ( NYSE:BA ) has asserted that it has not detected any signs of fatigue on the older 787 aircraft that have undergone significant maintenance, as the company defended its twin-aisle aircraft program before a U.S. Senate hearing scheduled for Wednesday. This comes after a Boeing ( NYSE:BA ) whistleblower, Sam Salehpour, alleged last week that the company had disregarded safety concerns related to the assembly of the 787 and 777 jets operating international routes. Salehpour, who is a quality engineer at Boeing, is set to testify at the Senate hearing on the organization's safety culture.
Salehpour claims that Boeing ( NYSE:BA ) has neglected to adequately "shim," which involves using a thin material to fill small gaps in a manufactured product, a lapse that could result in premature fatigue failure in certain areas of the Boeing 787 Dreamliner over time. Salehpour's claims, which are being investigated by the Federal Aviation Administration (FAA), encompass observations that he saw workers "jumping on the pieces of the airplane to get them to align."
Boeing ( NYSE:BA ) has been dealing with a severe safety crisis that has damaged its reputation since a mid-air panel blowout on a single-aisle plane operated by 737 MAX on January 5th.
On a call with journalists on Monday, two senior Boeing ( NYSE:BA ) executives stated that there were no indications of airframe fatigue among the nearly 700 in-service Dreamliner jets that had undergone significant maintenance inspections after six and twelve years. "All of these findings have been shared with the FAA," said Steve Chisholm, Boeing's chief engineer for mechanical and structural engineering.
Boeing ( NYSE:BA ) suspended deliveries of the 787 widebody jet for more than a year until August 2022 while the FAA investigated quality issues and manufacturing flaws. In 2021, Boeing disclosed that some 787 airplanes had shims that were not the correct size, and some aircraft had sections that did not meet skin-flatness requirements.
According to Lisa Fahl, vice president of Boeing Commercial Airplanes airplane programs engineering, the 787, which was introduced in 2004, had a gap allowance specification of five-thousandths of an inch within a five-inch area, or "the thickness of a human hair." She claimed that reports of workers jumping on plane parts were "not part of our process."
Debra Katz, Salehpour's attorney, stated in an email that her client had attempted for years to access data that would address his worries about the safety of gaps in the 787. "Before accepting any data provided by Boeing, it should be confirmed by independent experts and the FAA," Katz advised.
History Repeating itself from months agoBull Divs on RSI are being printed on multiple time frames. The 4 hour one looks like its the clearest one with double bull div on it. The price is falling on support along with RSI. The daily has a double bull div on it as well. Shown below.
Even with all the bad news coming out I think selling action is getting exhausted. There should be at least a relief rally
Goodbye BA, Was a terrible ride!I haven't given any updates or ideas on BA, which has, for the longest time, been the stock I stan the most.
I tolerated their doors blowing off in flight and their toxic workplace culture, Their Maxjets smashing nose first into the ground killing hundreds. But now that they are uhh.. involved in some darker stuff let's say, it's over.
I sold all of my holdings,in my retirement/TFSAs and my shorter term trade accounts. Some at a gain, some at a loss, net is a bit of profit but mostly not.
If BA was a normal company, not having billions of tax payer dollars being shunted into bailouts and"keep afloats", it would have been over ages ago. Bankruptcy. Bye bye.
But alas, government backings etc. etc.
However, the downside potential on this stock is astronomical. Like I said, no company could recover from this, except BA. SO I am not sure how this is going to look but we likely will see the 140s and lower in the coming weeks/months.
144.29 is the next major support. And when the company is fined and epxosed for their internal fallacies, we will see sub 130. And then, hopefully the family of this poor whistle blower files a wrongful death suit, then we'll be back in the double digits.
It won't really matter though for me, I finally have moved on from stanning a morally objectionable company. They were always morally objectionable with their real lack of care for safety (their Max jets there proved that, so this should not be a surprise) but I feel like all of this whistleblower drama is to far and their stock is for sure showing that they crossed a line here.
I am now a stan of ERJ with a sizeable holding. Its just, the move is done in that domain, but will shift over to that for my aviation needs.
Anyway, best assessment based on major support is this will be in the 120s within the next few months, I suspect faster if we can get some more news about the status of these investigaitons and such.
Stay away. Stay farrrr away!
Boeing (BA)Boeing has been receiving bad press lately.
In reality, Boeing is not going anywhere because the aerospace industry has high barriers to entry.
The current price is at $171 as of this post.
Drew a zone for interest where we would be positioning.
Boeing earnings is scheduled for April 24. This will play a factor in the technicals
Tell me your thoughts
Why I'm Selling Boeing Company at Support Level of $176.22 While Most people may see Boeing Company (NYSE: BA) as an opportunity to buy at 176.22 - Given the recent whistleblower allegations regarding cost-cutting measures on Boeing's planes, and the potential impact on earnings, I've decided to sell my position at the support level of $176.22.
Looking for a bearish swing immediately on BA!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
$BA return of the BearThe short run back up to $200 looks to be short lived especially after all the negative press. Looking to play this to the recent low!
Looking bullish on BA soon!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
