XAR AEROSPACE AND DEFENCE 🚀our favorite ETF is in Orbit 🚀We have been doing so well on AEROSPACE AND DEFENCE ETF and happy to say it has just broken 2 majpr resistance levels in 1 session!
We are keeping our buy positions until it reached record highs and will be keeping an eye on this for the future.. for a long time
Fundamentally, aerospace and defence are industries that have a bright future and are becoming increasingly important
Boeing
BOEING (BA), Where now?About Boeing: The Boeing Company is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers.
BA is very interesting, here is my technical analysis:
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Two possible expected outcomes:
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If BA BREAKS DOWN 196, it can reach the range of 180-188.
It's a great place to collect BA.
If BA DOESN'T BREAK DOWN 196, it can continue to climb and you can also enter BA.
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Or if we are Wrong:
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if BA BREAKS DOWN 180, it will return to it's 160 levels.
Remember BA is affected by Corona news has BA declined a lot because of the Corona as Corona effect the whole Aerospace industry.
In general BA is LONG for the long run.
Long run first target is 300.
BOEINGHere’s What Boeing Stock Could Do If the 737 MAX Is Recertified on Wednesday
The FAA rescinded its order grounding the MAX Wednesday. Boeing shares are up about 6.7% in premarket trading. With the FAA planning to recertify the Boeing 737 MAX for commercial flight—on Wednesday, according to news reports—investors have to ask themselves what the MAX is worth to the stock in a post-pandemic world. Looking at the numbers, recertification is probably a small stock event. The FAA declined to comment on the timing. Boeing and it's airline customers that fly the MAX weren’t immediately available for comment.
The MAX has been grounded worldwide since mid-March 2019 following two deadly crashes inside of five months. Both crashes were tied to new flight-control software. Boeing (ticker: BA) has been working with regulators since then to design and implement solutions. The MAX wiped out roughly $50 billion in market capitalization from the stock in the aftermath of the second crash and grounding, and investors can’t expect a quick $50 billion value rebound. There are added costs and damage to Boeing’s reputation, both of which affect investor sentiment and valuation. Also, the decline was before the onset of Covid-19.
There is also a lot more debt on Boeing’s books now compared with early 2019. Net debt has gone from roughly $8 billion to about $34 billion. That $26 billion increase is essentially a value transfer from equity holders to bondholders.
That leaves $24 billion in theoretical value for a MAX return, which still needs to be adjusted for costs and Covid. From a cost perspective, Boeing has reserved billions for customer compensation arising from the grounding. That is one proxy on the impact MAX woes will have on the fixes and on discounted prices for MAX jets. Using a $10 billion figure cuts the value pie down to $14 billion.
From the end of 2019, before the pandemic, to today, Boeing’s market capitalization is down an additional $70 billion. That is almost 40% of the company’s year-end stock market value—and the 40% decline is one way to put a number on the fallout wrought by the coronavirus. Cutting the $14 billion figure by 40% leaves about $8.4 billion. That implies a MAX bump of about 7.5% versus where the stock price is today. But a 7% to 8% stock price bump likely isn’t realistic, either.
Remember, the market is forward-looking and the FAA said the MAX would be recertified within “days” about a week ago. That means the actual event won’t get the full 7.5%. Perhaps half, or 3% to 4%, is a reasonable expectation.
After recertification, Boeing investors will start to ask how the MAX will be received by air travelers. The research did before the pandemic suggested that most travelers would accept the MAX after a few months of safe operation.
Boeing stock remains down year to date, but shares are up about 17% over the past three months, better than the roughly 7% gains of both the S&P 500 and Dow Jones Industrial Average over the same span. Boeing stock is up as the MAX nears recertification and with positive news released by Pfizer (PFE) and Moderna (MRNA) about their Covid-19 vaccines.
By: AI Root @ Dow Jones
$BA - Watchlist - Wait For 50MA$BA has looked good of late. Closing above 200MA. If you're looking for confirmation you could wait until the 50MA cross up above the 200MA as a buy signal. It will likely be a buy signal for a lot of people. But I wouldn't fault anyone for jumping in now. Definitely seeing some accumulation volume as well.
Boeing headed towards $197simple quick analysis
right under price range with hour chart about the break bullish
4 hour and day chart already have upward bullish momentum on the MACD, dont expect momentum to stop on the upside
easily will hit $197
confirmation with SPY hitting new ATHs and Futures up as of Nov 15 2020
Boeing to $197, about 95% sure this will hit
huge gap to fill between the Price Range of: $158 and $172 although i do think this gap will get filled AFTER we retouch $197 (Up 5% from here)
Option Play: BAStock broke out of falling wedge on 11/9, following big news with potential clearance of the 737 by the FAA and also a massive order through the US Gov’t with Saudi Arabia for up to 10Bil in F-15 orders. Some “bad” news dropped mid-week about potential FAA setbacks, but it was just a wonderfully executed shakeout. 737’s could be cleared by Wednesday 11/18 and we are already hearing of some airlines picking up the orders that others were dropping. Stock still has a long way to go to recover, but given it already attempted a 212-230 breakout, this one will match that or be even bigger. (249 would be my last target if your were ballsy) Any potential stimulus relief will include airlines and absolutely sky this industry, so keep watch. JETS is a good ETF to watch that mimics BA. Main levels for me are orange lines above. Sitting in 190c for 11/20 and 200c for 11/27 with a 185p hedge for 11/20. Good luck if you play!!
BA/ BOEING running +6.4%! Will this be the start of a new trend?OUR STRATEGY EXPLAINED:
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
BA - Best Entry PointAfter an earnings call that showed some signs of life moving forward (but still losing money), this looks like a great entry!! Hitting previous demand area and will bounce soon with the market. (Or continue to try and touch the bottom of this wedge) Good luck if you play! Still sitting on large unrealized losses from the previous breakout watch. Bought enough time to hold and wait for the bounce!! Thinking this is a big shake out...
Boeings elliot wave Boeings 5 waves (elliots wave) have been completed and the price has retraced to point 4. Their recent earnings are being made public tomorrow; assuming they wont be great at all due to the coronavirus pandemic slashing its production rate.
I can see the price falling close to point 4 again, perhaps $135-$140.
BA - Breaking Trend Line, Breakout On WatchIf the price can close today above the trend line, look for a gap up soon. Volume today has been great. Momentum is building and premiums are rising. Looks like they’re preparing for a big move. LUV just reported a beat today, new missile project, 737 soon too be in use, the news is too good to ignore!! Get ready!! Last step, government relief!!