Boeing
BA possible supprt buyAs the news from BA that their planes are practically falling out of the sky is pushing their stock price down to pre earnings levels, we see a clear support level forming. This trade will certainly take time before it even begins to show signs of a recovery. Once it gets some upward momentum and forms a nice base We will look to buy. as for right now we watch.
Boeing is headed down hard, we all know itPrice will drop to the last unfilled demand zone. That's where I could take a long position for a very conservative 3:1 bounce.
Ret$%ds are buying their resistance-becomes-support level right now at $370. Do you really think that news like that will not destroy this company? US President issued an order that will lead to massive losses for airlines and the Boeing. Boing boing Boeing.
The Crisis In Boeing Company Can Creates A Great OpportunitiesBoeing Company is suffering from a serious crisis in the last few days, how long this crisis will be last? no one knows, my guess is that in the near future The Situation in Boeing will return to normal, from the technical analysis point of view, I marked 2 key levels for long terms opportunities, the supply above is a Great level to open sell position, and the demand below is a great level to buy this stock.
The Crisis In Boeing Company Can Creates A Great Opportunities Boeing Company is suffering from a serious crisis in the last few days, how long this crisis will be last? no one knows, my guess is that in the near future The Situation in Boeing will return to normal, from the technical analysis point of view, I marked 2 key levels for long terms opportunities, the supply above is a Great level to open sell position, and the demand below is a great level to buy this stock.
Looking to short Boeing $BA for a potential $40 (10%) move.After a parabolic move up, then a breather, and another 10 straight weeks of aggressive gains...I am looking to short Boeing on a pull back from the $420's down to the $380 range. Currently trading at $422.
Special tips:
- I cite "Irrational Exuberance" as the reason for this short, however...
- Remember that "the market can remain irrational longer than you can remain solvent".
- In other words, don't bet the family trust on it. A move over $440 can tear the face off of shorts one more time as it did in its last break higher.
Boeing's Descent - Sell Now
Watch out for Boeing short selling tomorrow. There are a few pieces of news that will surely sell a 5-10% sell off of Boeing this coming week. The headlines will certainly scare investors as investors wake up to the recent news and announcements from Boeing. This stock may not be a "Buy the Dip" stock, since confidence in current and future aircraft is shaken, Boeing stock may take time to recover from this.
Key points from March 10th to look out for:
Second Boeing 737-800 MAX has crashed shortly after take off in Ethiopia.
Ethiopia Airlines has grounded all 737-800 MAX Fleet
China has now grounded all 737-800 MAX planes.
Boeing has postponed the 777X Debut in Seattle indefinitely .
BA: Speculative at New All-time High with Contrarian Long-term POnly 2 of the DJIA components are currently at new all-time highs: BA and PG. Boeing gapped and ran up on earnings news with a boost from HFTs and buybacks. Currently, the number of shares held by institutions is dropping. Vanguard, Blackrock, Price T Rowe, State Street, Capital World Investors, Northern Trust, all giants of the Buy Side, have lowered held inventory in recent months. The stock is at a speculative price as smaller funds buy heavily and buybacks of up to $14 billion move price up. Whether this will be a good strategy for BA this year remains to be seen. The chart is the Long-term Trend Monthly chart showing the severity of the speculative buying. Also you can see the Cycle chart pattern using the DPO indicator with a failure to trough V shape. Volume shows a steady decline as well. These are contrarian indicators to what price is doing.
Dow Stock Boeing (BA)This is a brief look at some support and resistances on the dow - ( I am not paying any attention to fundamentals or earnings recently - ( nike beat earning broke away and fell again i think the same principles apply) - i will look into fundamentals at a later point and add it in
BA , Has had a very good run since 08, so there is very little volume at the higher levels , I can not see and clear points where support should be found except near the 120s- 140s, I have taken the % lost in 08 and applied it to the top that we have right now.
Pink is daily lines
Red is weekly lines
Boeing: $350 Price TargetFor a market short, the positive price correlations for Boeing seems to be stable. I think that a price target of $350 should happen extremely soon. Also for a long position, within the next 30 weeks, I believe it has the potential to beat its 52-week market high which would be indicative of a strong stock with a conservative growth strategy.
BA - Neutral Iron CondorTaking advantage of mixed market feelings toward stock to place wide neutral iron condor to box in price action.
255/265/365/375 JAN19 IRON CONDOR @ 1.67 CREDIT
General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.
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