$BA- Boeing - Triangle PlaysClear Support and Resistance Levels with a clean triangle formation. Support below could aid a fake out on the short side and reversal long to $234. Breakout Long from triangle and look to enter retrace. If $234 is achieved I would target $297. If it breaks support at 165 I will look to enter short based on PAs reaction/retrace to noted levels.
Boeing
BA BOEING (BA/USD) LONG TERM SWING TRADE SIGNALBA/USD BREAK OUT
Buy BA stock (MT4)
Entry 1 $177.50
Entry 2 $169.50
Sl $160
Tp.1 $184.50
Tp.2 $194.50
Tp.3 $208.40
Tp.4 $214.80
The Boeing Company is an aerospace company. The Company's segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft ( BMA ), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital ( BCC ). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry. The Commercial Airplanes segment also produces commercial aircraft and offers a family of commercial jetliners. The BDS segment's operations involve research, development, production, modification and support of the products and related systems. The BMA segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems. The BCC segment's portfolio consists of equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease and investments.
Look Up Into The Sky - AAL TARGET UPDATEWhat we have here is as typical Wedge pattern with the (E) wave ending at around 11-10 USD.
To confirm this movement we have our CCI indicator which seems to indicate that its losing steam on the downtrend.
And to all the haters saying the airline industry is gonna go bankrupt. The federal loans disagree with you.
If you want to buy, now is the time.
BAThe Boeing Company (BA) has been forming a descending triangle with today's close resting right on a support that has been tested multiple times in the past week. With Coronavirus fears escalating again, the desire to travel and fly is falling. A bearish marubozu candle on the 1D chart may indicate a continuation of the downtrend and possibly break that support.
HUGE ACCUMULATION, TA and FA CONFLUENCE! HOLD ON FOR THE RIDE. Huge accumulation happening for the past 3 months. July 31st is the reveal of the interior of the space ship, and Aug 2nd is their earnings report, where they will more than likely announce they have received FAA certification, AND have scheduled date for getting RB into space.
This confluence is extremely rare to see in an asset.
GE to 8$yo yo happy Sunday. I am creating some new tickers so hope they help. GE mirrors BA stock pretty closely. Based on the bounce at the 0 on the Fib I am predicting a full 180. All the way to the 1 line which is at 8.5. After that I am not sure. I have drawn lines of where I think it will stay. If you choose to buy the stock or do some calls then I'd give it a week out so shoot for 7/17. GE is a good stock for long term but for some quick prof I would do some calls at 7 or 7.5. You can probably swing these during the week during a low to high day :)
thats all. hope it helps :)
this is not trading advice. I am learning and I am simply pointing out something I see. I apologize in advance if they do not come true.