BA trade ideas
BA week Nov 21stBA broke that downtrend, it tested that 4HR DEMAND and pushed up and is currently testing that 4HR SUPPLY
here is what i am thinking, if BA pushes past 175, it will head over to test 178 but if this does not and rejects that supply and retracement zone i see it a continuation to the next leg down 161.48 to fill that 4HR GAP 160.28 / 163.33. It will need to break those support zones
support zone 171.53, 168.12/52, 164.56, 160.98
resistance zone 178.19/97, 182.86, 186.91, 188.43
BA - Time To ShortBA is quiet a strange chart - its price action often reminds me of the times I used to squeeze all the toothpaste out the tube.
Anyhow - higher high shakeout reversal pattern then back down and the gap has just filled along with SPX also filling its gap.
RSI well oversold, actually what is BA even doing up here... 🤔?
Not advice.
$BA can pull back into red box, 172-160There are 2 inside bar candles and today is a third for now, though it looks like we may break lower before close. If not, stock may gap down tomorrow and open near 172 or lower.
Notice the directional movement index - gold line - is extremely elevated, over 80. As green line comes back down below 40 I am looking for buyer exhaustion to yield to selling, which supports a pullback.
BA (Boeing) Trade IdeaHello guys,
Its been a long time, but I'm here to share a possible PUT (Short) idea for BA.
I'm looking at the 4HR time frame for this. Looks like this is in the oversold territory. (RSI: 74).
Looking at the chart, the next support seems to be the long term gap fill which is at around $161.
* Price Target : $161
* Stop Loss : Break > $172.27
If you're getting Puts, I'd prefer $165 put expiring in December.
$160 spread is also a good idea to get here. (Expiring December as well.).
Feel free to share your trade ideas in the comments below.
Do your own research before you trade. I'm not a financial advisor. Good luck!
The Boeing CoWednesday, 9 November 2022
12:28 PM (WIB)
The Boeing Co is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space, and security systems.
It operates through the following segments : Commercial Airplanes; Defense, Space, and Security; Global Services; and Boeing Capital. The Commercial Airplanes segment includes the development, production, and market of commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. The Defense, Space, and Security segment refers to the research, development, production, and modification of manned and unmanned military aircraft and weapons systems for global strike, including fighter and combat rotorcraft aircraft and missile systems; global mobility, including tanker, rotorcraft, and tilt-rotor aircraft; and airborne surveillance and reconnaissance, including command and control, battle management and airborne anti-submarine aircraft.
The Global Services segment provides services to commercial and defense customers. The Boeing Capital segment seeks to ensure that Boeing customers have the financing they need to buy and take delivery of their Boeing products and manage overall financing exposure. The company was founded by William Edward Boeing on July 15, 1916, and is headquartered in Chicago, IL.
For more details about The Boeing Co, visit the website.
11/8/22 BABoeing Company (The) ( NYSE:BA )
Sector: Electronic Technology (Aerospace & Defense)
Market Capitalization: $101.091B
Current Price: $169.62
Breakdown price: $171.50
Sell Zone (Top/Bottom Range): $159.75-$143.00
Price Target: $199.80-$204.40
Estimated Duration to Target: 56-59d
Contract of Interest: $BA 8/20/23 170c
Trade price as of publish date: $13.30/contract
November Gainers (BA, account up 0.5%)2nd gainer in November is NYSE:BA . Holding period is 24 days (10/14/22-11/7/22). Account up 0.5%.
This month till today, my account is up 1%, average holding period is 27 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
Ba Wow what an amazing run for BA. I tried a short at 160 area got out at breakeven on dip to 156 area after being down 100$ on that. Very hard to try and top tick this but based off previous support, potential scholastic RSI up in the 100 area same spot everytime previous bA hit ob 4 hour caused a top , this could be getting close to that reistance zone.
Now overall W pattern would insinuate a neckline up at 174 if we do contiue up. My thesis is we are overheating and looking a bit too heavy. I also am watching the weekly 50 ema which is at roughly 167 as a heavy reistance also which happened the last 4 times we tested that we rolled over. This is something I am trying again as I opened an 11/25 150 put on BA at roughly 167 area and will try to ride this out a bit and see how it goes. We do have potential support to be flipped at 160 if we can break and hold below that 156 and 153 are 2 key areas. Overall I’m looking at 148$ to bounce the trend.
Reasoning is previous bounce we had we rejected at 50 weekly EMA. We fell back to backtest the 21 weekly and failed. This
Time we broke up now cureently tested the 50 weekly EMA, my speculation. Would be an attempt to hold 21 week EMA as support, if that catches and holds, bull market scenerio would be a bounce and rip which is between 148-150 even.
Def a risky area still which Mabey I am early again so use your own risk and anylasis. This is my plan and why. I can be wrong.
October Gainers (BA, account up 1.1%)Third gainer in October is BA . Holding period is 2 day (10/12/22-10/14/22). Account up 1.1%.
This year, my account is up 76.9%, average holding period is 12 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
BA update (Boeing)The Biggest short on my list this week.
I'll explain
1. Rejected off Fib level 160.83
2. Rejected from 200sma (Gold wave)
3. Volume falling off a cliff
4. Money flow over bought on 2-4 hour timeframes
5. Outside its Daily Bollinger bands
Entry-Below 160
Stop 163
Target - 150
If it breaks trendline support I'll re-enter short
Dark Pool Buy Zone Patterns: BA ExampleA corporate aggressive stance to accelerate Boeing's recovery from the pandemic created buying activity during the index sell down over the past few days.
BA is one of the few companies on the Dow moving up while the majority of components were being sold down.
This is an example of how quickly a stock can reverse from selling down to resumption of its trading range or bottoming action. This is a range-bound run up. The technical pattern has some pro traders in the mix. The run is above the accumulation level for Dark Pools.
Ba Although we have down trendinf resistance and it looks like BA is trying to break out of this resistance, I also see heavy resistance area around 15816. Currently I’m adding some put options expiring 11/18 current cost is around $106, for a 141 put. I believe that this area here could be very heavy resistance within the next dollar range so use your risk tolerance. I do not believe that this will withstand the break out as we are still in a beer market. This could just turn out to be a wick outside of a resistance zone. If Boeing does want to confirm this break out which is around $152.77, then we could be looking upwards of $170 which would be a neckline of a large W pattern. My thesis is we will see the Bears step in around this level up to $160.22 max so keep that in mind when buying your option if you decide to do so