4BA trade ideas
BOEING COMPANY - $400 targetBoeing Forecasts Africa’s 20-year Commercial Aviation Market Opportunity Valued at Nearly $400 Billion
Boeing forecasts that Africa’s airlines will require 1,030 new airplanes by 2040 valued at $160 billion and aftermarket services such as manufacturing and repair worth $235 billion, enabling growth for air travel and economies across the continent. Boeing shared the projection as part of the 2021 Commercial Market Outlook (CMO), the company’s long-term assessment of demand for commercial airplanes and services.
Higher Commercial Deliveries to Aid Boeing (BA) Q3 Earnings
The Boeing Company is set to release third-quarter 2021 results on Oct 27, before the opening bell.
In the last reported quarter, the company delivered an earnings surprise of 161.54%. Massive commercial deliveries might have offset unchanged defense deliveries, which, in turn, are expected to have boosted Boeing’s performance in the third quarter.
BA INTRADAY-SWING LONG 5-15MIN TFWhats up everyone BA is at a demand zone we are expeting it to hit around 219.00 EOW so we are swinging it if it doesnt hit 218 today or unless notified that we are out. keep your stoploss tight and get a strike as near to price as possible. and use proper risk management
BAtrendline confluence with a trendline from a major feb/march 2020 dip rising back up but also lower lows from mid march 21 trendline headed downwards, everytime it hits resistance it takes a dive but with the confluence it could be time to hit that gap fill from feb/march 2020, the downtrend stopped going so low on the trendline & stopped halfway (where I put the green circles at) which plays as a new support.
$BA looking for a bounce$BA has a good r/r currently. BA formed a hammer candle at the bottom of a micro downtrend. Price bounced off long term support. Price also reversed near the .382 fib retracement level. I expect the market going forward will correct through time, not price. Possibly see sector rotation (money flowing out of growth/tech and into cyclical's/reopening plays).
BA - Needs a little bit more time Continues to struggle and after last weeks candle, it looks like a good short candidate now into the green zone below between $194-$205. I would look to enter some 1-3-month out $210/$215 puts. $232.10 remains a strong resistance but this is likely the last leg down for Boeing and I am not going to miss the move it has into it's major wave 3 so once again, I will be a buyer in that $194-205 zone with 1-2 year out calls.
This descending triangle has an 88pt implied move into the yellow box above with an Apex late next month.
$BA long ideaLooks like we are in the final stages of a triple combination correction Wave.
If this plays out, there is a huge long potential.
I will be looking for a move through the trendline and the 200MA and if it holds above I will take it to the long side.
*This is my personal analysis and no financial advice. Please make your own educated decisions when you invest your money. Good luck!
BOEING - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BA is overall bullish , trading inside our brown channel and since it is retesting the lower brown trendline and round number 200.0, we will be looking for trend-following buy setups.
on DAILY: BA is forming a channel in red, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BA would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Potential in BoeingBA hasn’t participated much in this bull market recovery. Impacting them are political risks with China continuing to halt repurchases of the the 737 Max for domestic travel use. Imo R/R is favorable for longs at current levels, with much of the negative news already out and factored into the market. It might just be time for BA sooner than bulls and bears believe...