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Bashort

BA after earnings pop. Will it drop?Boeing had a big pop from very favorable earnings today. So far there has not been a fade or retracement. The relative strength lines however topped out and then retreated a bit signaling bearish divergence with the lower TF below the higher black TF line. Likewise, the MACD indicator is showing a line cross above the histogram whose amplitude has dropped to zero then changed to red / negative. Lastly, the mass index indicator shows a rise above the reversal zone then with a trigger signal in dropping below the zone. I conclude that BA over-extended and is now setup for a short trade which could be either stocks or a put option. For the stock the stop loss is 232 the swing high and the target is 223.25 at the mean VWAP line. If price can cross under that line, the target for the remaining runners will be 217 just above a lower VWAP line. I will buy the strike $225 expiring 8/4 to potentially exploit this expected quick retracement.
NYSE:BAShort
by AwesomeAvani
BA Price headed to monthly resistanceDifficult chart to do the analysis. However, at a high timeframe like monthly, it is a bit easier. It seems there is a big monthly resistance sitting just 15% above the current price. That resistance is a zone 238-243. There is higher probability that if price moves higher from here, it will stall in that range and probably face a rejection there for a pullback. In case of a pullback, the price will find support at the marked monthly support.
NYSE:BALong
by angela_altair
UPDATE on Boeing! Price to important level!Hello everyone! On my last analysis I initiate a short position, check this link: Now, I come with the update: - The price is at the last low point and in the 50 Fibo level, I am thinking to close 50% of my trade and leave the rest in market! - My other 50% position left in market i will secure because we already sell from price 235 and I am looking for Fibo 61.8 - 66 Level, at price 195 - 189 because we have an important psychological level near (200). If you want to go more deep, you can go for 100% of the Head and Shoulders patter at price 175. Enjoy and have a great weekend!
NYSE:BAShort
by BogdanUng
4
🐻 Bears Attack Boeing! (BA)💰 LET'S GET INTO SOME BOEING ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - We want to take in consideration that the overall longterm support is now broken. - We have a red engulfing candle below our average to validate further confirmation of the Crossover strategy. - All 3 ema dots align and have for the most part been red in recent history. - I think we will selloff and go to test 176.47 as our next structural support. Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
NYSE:BA
by UnknownUnicorn2319099
19
👍 Perfect Time To Play Boeing. (BA)💰 We are currently getting price compression on a support and Resistance squeeze, this is good for a longterm play. You will want to play the breakout. Break top red you go long. Break bottom green you go short. Line up the ema dots and the Crossover strategy for buy in. Preferably you want to find an engulfing candle to breach the levels drawn. Use breakout level as stoploss. As of now the Crossover strategy and the ema dots are red as we approach to test the support level. Best of luck 🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
NYSE:BA
by UnknownUnicorn2319099
21
BA : gap past demandSo BA gapped past demand level which flips it to a supply zone. Currently seeing it trying to retrace and hold current demand level. I think it will bounce around still but still head lower to price target of 125. I will watch for potential good short entry today. Note: my primary area to enter a position is to build a long position down in the demand zone below. I think that is a higher quality trade than trying to nickel and dime it on the way there. So, if I don’t like price action today but it does just get right on down to 125, I will not be upset that I “missed” a trade. There are plenty of opportunities. Don’t over trade!
NYSE:BAShort
by PT_Marche
Boeing Set to Bomb Earnings $BA drop > -7.5%Boeing, as a company has been under an immense amount of scrutiny as the MAX 737 scandal has unfolded over the last year. Yet, the company's stock price has survived relatively unscathed. In Jan '19, Boeing released stellar earnings of $5.63/share, the stock bounced up from $360 to $445 in a little over a month - an increase of 23%. Shortly thereafter, the stock plummeted back to $360 as the drama of the MAX 737 unfolded. Even the relatively good earnings report in Q1 of '19 wasn't enough to help the stock break out of it's range. The best bull market in the last 20 years coupled with earnings in Q2 and Q3 (despite beating estimates by a sizable amount in Q2, and a narrow miss in Q3) still only helped the stock track sideways. The 737 MAX scandal is finally coming home to roost, and the stock is likely to pay the price for it in the coming month. As the chart above shows, the ratio of earnings (in quarters where positive earnings occurred) has steadily increased to 3x the original level scene during the stock's best quarter. A 71% drop in revenues has been followed by a mere 29% drawdown in the price. If the 737 Max problem was squarely in the rear-view mirror, then perhaps a good earnings report could revitalize the stock and reverse the past 3 month downtrend. Based on past price action during earnings, $BA has a major correction coming. With many analysts already saying we are entering a market-wide correction (while some try to hide it behind the coronavirus), any type of market-wide correction would accelerate the sell off. In addition, institutional investors have been liquidating their positions on a 2.5 sell to buy ratio. Here are some price targets: Earnings Beat & Max 737 Cleared to Fly before March (aka...the impossible): +8-10% Earnings Miss & Max 737 Cleared to Fly before June: Flat to +3% Earnings Beat > $3 vs $1.73 est - Max 737 returns to service by summer: -3% to Flat EXPECTED: Earnings Beat < $3 vs $1.73 est & More 737 Runaround: -7.5% Earnings Miss & More 737 Runaround: -8% to -10% Variation to estimates coincide w/ relative market movement overall: Expected scenario: Market up .3-.5% lessens impact of Earnings beat < $3 w/ no definitive date of Max 737 return to service: -7% to -7.2%
NYSE:BAShort
by DontListenToThisClown
1
$BA Where Bad News is Good? Boeing (BA) to recognize charge and increased costs in second quarter due to 737 max grounding; amounts relate to expensing of estimated potential concessions and other considerations to customers and impact of continued lower 737 max production rate; said charge will result in a $5.6B reduction of revenue and pre-tax earnings in quarter and will record an after-tax charge of $4.9B I'm all about ":flag_us: first, but this has been propped up far too long. Watching these levels closely. If we break above resistance (red line) 384 area could be next, but there is too much downside risk.
NYSE:BAShort
by BeyondBullishTrades