Potential buy zone for BALooking at the weekly chart and thinking about potential end of week setups if we get really nasty UE and GDP data today.
There was a plethora of buyers at this level and it lines up well with the parallel channel support. Ideally you would wait for price to enter the green box and then exit up to confirm the move. I don't go long unless it proves to me it's emerging out of the box.
Boeing
🤔 Be Careful Fanboys! (BA)💰 LET'S GET INTO SOME BOEING ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
- We have been aware that the uptrend has been broken! Old news!
- The 3day begins to shift red but not all ema dots below have found their alignment just yet.
- Like I said on the dow. This week close will be crucial for the market. Let it close.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
🐻 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
💰 +$761.50 Boeing & Emini (BA | ES)🥇Day 3 of scalping the markets for 5/5 100% winners! 💰💰💰
I think I'm really starting to fall in love with scalping the markets. I have always been a longterm swing trader and mainly focused on cryptocurrency. I believe that every market has it's own story and operates in it's own way. Cryptocurrency is a completely different market that never sleeps and has it's own way of how to trade that market specifically.
What I've been focusing on is sticking to my long term swings for crypto but now scalping the emini. I even scalped boeing today on a potential breakout that I was watching from pre market.
Boeing I did $136.50 scalp with 150 shares.
Emini I did $625 with 5 contracts.
Total = $761.50
Scalping leads to a total return of $8261.50 this week / excluding fees.
I will show you how I played the emini today down below and I will post results to my twitter. 😁👍❤❤❤
Happy trading! 💰
🥇MLT | MAJOR LEAGUE TRADER
👍 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
🤔 Is It Time For Another Major Market Correction? (SPX)🚨 Let's take a look at the emini futures contract on a 6 hour chart. Is this the start of another major correction or will the fed save us all!?!?!?
We currently sit under 3 major levels of Resistance from the previous major market correction to the upside.
Horizontal top and the 2 upward red previous major support levels, which are now acting as Resistance.
The 6 hour is compressing with a flat doji on the Crossover strategy.
The ema dots are beginning to shift red.
Lower timeframes showing lower lows.
If you are long than you need to be very careful here.
Would not be surprised to see a selloff happen.
Have an awesome trading week! 😁
🥇MLT | MAJOR LEAGUE TRADER
BA make me moniesAliens from Syrius told me to do it.
Loyal Wingman.
Scary cool shit.
$88,000,000,000 drone market
I envision joyfully being walked by a drone when my quarantine pass light is green and the A.I. finally lets me outside for a short walk to the vaccination and attitude correction center <3
BOEING - Fundamental vs Technical Analysis -Stand AsideTechnical Analysis: It seems that the price are moving upward, but based on the below fundamental Analysis (to me it looks a negative news, meaning that BA and GE might need more money - more debts) I would hold for now.
Fundamental analysis - Can it be seen as a bad news?
The Treasury Department is considering holding off on giving more companies access to an untapped $17 billion relief fund for national security businesses in case Boeing Co. and General Electric Co. eventually need the money, according to people familiar with the matter.
The Future of BoeingA friend asked me for my view on this on last FridayI will never look into airlines and related stocks, with covid19 going and most borders, without intervention I don't see how this can be a bullish stock for the year.
Well, but you are already in it, congratulation. If you are conservative I will wait at 238.12-261.42 and wait for a reversal signal to exit the trade.
If you are extremely gung-ho on this, then $320 will be good.