BA trade ideas
Boeing cruising at the resistance altitude!Trading Boeing in this channel could be the best trading setup in the past 6 months.
Yesterday's trading volume increased 63% in comparison to the past 5-day average, which means it is highly likely being got rejected from this altitude!
you can wait for confirmation!
BA: Boe(r)ing StockThe stock is currently trading below its 200 SMA and its 50 SMA is also below its 200 SMA. This, coupled with the steady decline in volume, tells us that the stock is in a downtrend.
Now we also happen to have exceeded the upper bollinger band, which means we are 2 standard deviations above the 20 day mean. This indicates us that there is a pretty good chance that the stock will
head down in the following days.
BA Preparing for LaunchBA technical price analysis.
Cup and handle on 1 D it is almost done consolidating (or may be done) for the big launch. Lost trend temporarily but is back in (as expected in the last post). I would love for it to hit the support and 50 MA about $220, but a target of $280 (resistance) or $320 if BA decides to follow trend.
Fundamentally BA’s travel sector has better guidance with the vaccines. Well better guidance than in 2020 that’s for sure.
This is not financial advice. This is for entertainment and personal case study reasons. It is posted just for enjoyment purposes. Do not take anything as any form of financial advice.
strategy for BA THURSDAY 09/30/2021(BA buy price 230.00)
(BA sell price 224.00)
strategy: ba with a possible gap and go if the opening is located above the mv 200 daily chart, the sell zone 228.00 and buy price 230.00 we could take profits near the resistance 240.00 and 241.15.
our bearish entry: we will confirm it below the sell price and the mv 200 at 5mn. if it is possible to cross the gap zone, the possible profit taking would be in the MV 200 zone in 15mn
$BA - channel break out watchBA has been in a channel and has tried 4 times to breakout from the channel. The question is can it do it this time?
In a long term channel it broke down from the uptrend channel and since clawed back into the channel.
break above $240 could send the stock to $260 and beyond.
Target - $260
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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.
$BA | WEEKLY WATCHLIST 9/27An extremely frustrating stock that feels like it's been bull-flagging forever. If you look at the previous trends, this stock has the tendency to drag out like crazy before exploding. Wave 4 looks to be in, bouncing off the 50% retracement multiple times and showing a complete ABCDE corrective phase.
As long as the $210 area holds, we should see a nice impulsive move up to the $300 area by December.
Actively watching flow and chart for potential long swing entry! Please view chart for in-depth breakdown of suggested play.
BA: Time To Fly Again? ✈️✈️✈️Since the middle of the Marc-21 Boeing is moving down and slowly inside a bullish flag or an ascending canal.
You can name it as you like. The most important thing here is that the price seems to have found a strong support area near $ 206.50.
We can clearly see that this is the second time that price has been rejected near those price areas.
If you will be patient you will be paid for long-term portfolios. So do not give up on Boeing shares as the reward will be really good.
Speculation with pandemic situations will end one day. One reason is that people are tired of hearing the same thing every day and the second reason is that many economies have returned to normality, people are returning to their job positions.
So at the end of the day, everything will look like "DUST IN THE WIND" and BOEING will fly again✈️✈️✈️
So let’s be optimistic✌️
Thank you and Good Luck!
Boeing | Fundamental Analysis | Short scenario info update.Boeing has started to regain order momentum in 2021 after two crises - the 737 MAX flight ban and the COVID-19 pandemic. In the first eight months of this year, the aerospace giant received 315 net orders for commercial aircraft. That is a welcome change after two years of negative net orders.
However, Boeing continues to fight hard to produce aircraft reliably and pass them on to customers. That will cause the company to continue to squander cash and could jeopardize its future recovery.
Boeing received 53 gross orders in August. Leading the way was the 737 MAX, with 35 orders from several customers, including Alaska Air and United Airlines. Boeing also recorded 11 orders for the 777 freighter - mostly from unspecified customers - and seven orders for the 787-9 Dreamliner (also from unspecified customers).
Net of cancellations and other adjustments, Boeing recorded 45 net orders in August. This increased orders to 4,164 commercial jets. By comparison, Airbus attracted 99 net orders last month. While Boeing still leads in orders for 2021, Airbus has many more orders in its portfolio, nearly 7,000 as of Aug. 31.
Airbus' significant order lead - especially in the narrow-body market - is a concern for Boeing. But Boeing's inability to deliver aircraft in large volumes is a much more pressing problem.
Last month, the company delivered just 22 commercial jets, compared to Airbus' 40. Similarly, in the first eight months of 2021, Boeing delivered 206 aircraft, while Airbus delivered 384.
The 787 Dreamliner series has been a notable upset in this regard. Boeing delivered just 14 787s in 2021, all from March through June. Just two years ago, the company was building and delivering 14 787s each month.
Over the past year, Boeing has identified several types of manufacturing defects affecting some Dreamliner aircraft. So far, the company has been unable to agree with the Federal Aviation Administration (FAA) on a method of inspecting previously built 787s to make sure they are free of defects, which led to the latest supply halt.
More than 100 787s are currently stuck in the company's warehouses. According to The Wall Street Journal, Boeing won't be able to resume deliveries until at least the end of October.
The longer the delivery pause lasts, the greater the risk of triggering contract provisions that would allow customers to cancel orders without penalty. Given how slowly the demand for long-haul aircraft is recovering, many will not hesitate to take this chance.
Boeing's progress in eliminating the 737 MAX inventory is also disappointing. The company had about 425 737 MAXs in inventory at the beginning of the year, and in the first half of 2021, that number was down by only 35. With 22 additional 737 MAX deliveries in July and just 14 in August, Boeing made little progress in reducing 737 MAX inventory this quarter.
In the near term, Boeing's slow pace of aircraft deliveries will hurt cash flow. (Airlines typically pay most of the purchase price of an airplane after it is delivered.) Last quarter, Boeing delivered 79 commercial airplanes and drained $705 million in cash. Given that aircraft deliveries will reach the same level in the third quarter -- and with a weaker product mix -- Boeing will again be rapidly burning through cash.
In addition, the excruciatingly slow pace of shipments of the 737 MAX calls into question underlying demand for the model. Airbus has had no problem turning over significantly more A320neo family aircraft to customers this year, despite the pandemic.
Looking ahead, the 787 production problems will make Boeing's recovery more difficult. Boeing has already begun cutting production of the 787 family from 14 to 10 planes a month in 2020. With only 428 direct Dreamliner orders left, of which more than 100 have already been built, even a production rate of 10 months will be difficult to maintain in the near term (unless there is a surge in orders).
If customers start to exercise the right to cancel orders, Boeing could be forced to keep production well below ten aircraft per month for the foreseeable future. It will undoubtedly limit future profits and cash flow.
Boeing CoIm seeing the repetitive chart patterns happening ,
i will wait until the end of the eillot wave or a touch at the last support with an extra reject confirmation at the last swing of -61.80% fib
then we can take the long position for safer entry.
let me know what do you think about my analysis on BA
Fun Prediction for $BA - Must See!I decided to make my own prediction and draw in my own RSI, MACD, & 50 MA lines from today (9/14/21) through (2/25/22).
The pink bells indicate past explosive bullish movement (ER run ups?)
I have also created a fib extension from the last impulse wave
Let me know what you guys think of my prediction!
My Plan for 9/14/21 - 9/24/21
Entries: $214, 213.50
Exits: $218, 218.50, $220
Once any of my entries are triggered, I will hop in a $BA $217.5c 9/24/21 (3.30)
-Gordy
