BA
How Could You Miss? 58% Was The Correct TP! (BA)💰💰💰 The exact same patterns happen over and over again!
My decision to exit my boeing position on the 9th was on point!
I saved myself from a 20% correction! 😯
The Crossover strategy and the ema dots all aligned red for the indication of a drop off!
What do we look for now? You guessed it! GREEN ALIGNMENT! 🤑
Best of luck to you, 🎲
🥇MLT | FULLTIME PRO TRADERS
BA: BOEING WAS 1% OF USA GDP IN 2019. WHY TO BUY PULLBACKS...BOEING is more than an aircraft manufacturer. BA represented about 1% of our country's GDP in 2019. Never mind that BA is the other side of the world's most important duopoly. BA is an enormous think-tank and producer for our military. Talk about National Security - think about it. Just ask yourself if our country (IE Gov't) could - or would- ever allow this company to flag to an extent anyone in the world could doubt its viability? Answer - not a chance! People are erroneously (IMO) tying BA to the commercial airlines.
If you back up the overlay to late April - BA has traded with the market. If you back it up further, underperformance is dramatic. My conclusion is that from here, BA only has upside. LOOK AT RESULTS IN DEBT MARKET - THAT IS YOUR BEST CLUE!
I have found it difficult in the run-up to buy many (or any) other company with total confidence to the extent I'm holding about 50% cash. However, I'm OK leveraging my BA buys with 2021 and 2022 calls and believe anyone (read experienced market vets) looking for a "true North" on their buy compass should look to buy BA on significant pullbacks like today in the 180's - or lower! BA IS UP 24% this month an there are 100 reasons why!
Glad I Took My Money @ The Top! 🤣 (BA)✈ Clear the landing strip!
184.40 MUST HOLD! Short if it breaks.
Channel now identified, now that we have new structures to play with.
Top breakout level is far away. 184.40 is the main focus for break or turning point.
Use the Crossover strategy and the ema dots to spot the reversal for a lomg.
Good luck, ✈✈✈
🥇MLT | MAJOR LEAGUE TRADER
BA Analysis (Multi Time Frame)Downward Channel + Loss of Bearish Momentum + Bullish Divergence + Dynamic Support Level
Options Trade: 7/17 BA 300c (High Risk)
Multi Time Frame Analysis listed below
Monthly
Morning Star Pattern (Bullish)
Downtrend
Loss of Bearish Momentum
Weekly
Uptrend
Rounding Bottom (Island Bottom Reversal Potential)
Bullish Momentum
Daily
Possible Downside Tasuki Gap or Downside Gap Three Methods
Strong Bullish Momentum
Uptrend
4hr
Downward Channel
Downtrend (Needs to break 208.32 to reverse)
Strong Bearish Momentum
1hr
Bullish Divergence (RSI, MACD Hist, CCI, Diosc, MFI)
CW approaching resistance!! ( $BA $JETS $LMT $SPY )Read more at www.tradingview.com
CW -short
Entry area sell short - $117.40
buy to cover target 1 $112.50
buy to cover target 2 $107.50
buy to cover stoploss 118.50
Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, general industrial, and power generation markets worldwide. The company operates through three segments: Commercial/Industrial, Defense, and Power.
Goodbye. Took My 58% Gains On Boeing. (BA)I'm getting very aggressive on the 1 hour timeframe. Taking my gains and going to something else. See you later boeing I wish the best for you and thank you for the nice size swing. ❤❤✌😁✌💰💰
Time to compound the interest in a new beginning 💰💰💰
58% winner.
🥇MLT | PRO TRADERS
Boeing BA Buy Setup - How to TradeTo the bulls, Boeing looks like it may have bottomed with an ascending triangle formation. To the bears, it looks like Boeing reached the top of a bear flag. There is no way on knowing who is right, but this is how to trade it.
Bear flags are essentially ascending triangle breakouts that fail. When an ascending triangle breakout fails, bulls become disheartened and are likely to bail on their long as soon as the supporting trend line breaks (pink).
Bears sold today when the price hit the red line, which would be the upper part of a potential bear flag. You might be asking yourself, how could they sell on the red trend line when it didn't exist until today? Some say you cannot draw a trend line off only 1 point, and they are wrong. So where did this trend line come from?
Simple, copy the pink trend line and paste it directly on the local high. You will see that this forms a perfect bear flag and a great place to take profit / sell. A lot of experienced traders use this method to create trend lines from only 1 point and I know first hand that it's a very profitable strategy for finding amazing areas to take profit and short.
Did you miss out on the Boeing move today? No worries, here are three areas to enter a long.
1. You can wait for the price to come back down to test the ascending triangle breakout (blue support line, red star).
2. You can also buy on the pink trend line (green star) if price happens to drop that low.
3. There is 1 more trick to ascending triangles that many people do not know about (see my example above). Sometimes they are not perfect patterns, but the stay intact even if the pink line breaks. If price fails to make a new low, you can buy at the pink star in hopes for a double bottom. Ascending triangles signal that people are buying the dip, and if price bottoms at the previous low, this means they are still buying the dip.
Personally, ascending triangles are my favorite patterns to trade because the buy points are flat or ascending, making it easy to set a reasonable stop loss. It is also the most common pattern I see on strong trending stocks, on all time frames. You'll see them on the monthly chart as well as the 30 second chart. They simply signal that people are buying the dip and becoming more impatient with each drop, that is why the dip becomes less and less until it eventually breaks out the top from all of the buying pressure thanks to impatient buyers.
Hope you enjoyed this analysis and tutorial. Please like and subscribe and I'll add more!
Wowwwwzers 45%! (BA)Boeing said oh no no no! Mr. Resistance held no chance as it got slaughtered for a massive move up today for an additional 11.47% in gains!!! ✌🤑💲💰
We are still sitting from $141.77 as our custom trading system continues to show life firing green!
Will keep you updated for more updates.
Smash that like button if you like getting them big gains!!! 💰💰💰
Have a blessed day!
🥇MLT | FULLTIME PRO TRADERS