Boeing
Price Consolidation till 2024. Expect more downward pressureEasy bull is over for BA. I expect more selling action, and more volatility.
If this is an end of wave 5, then expect ABC pattern here.
How it is going to look or what it is going to form into , we need short term look at this.
finviz.com
It is very possible for us to hit $240, with $250 being the psychological price for push back to $500.
As you can see most tarketing it higher highs, before the fractal event. Now, we have a first Downgrade of stock valuation.
Even Morgan Stanely suggested overbought.
Range Trading philosophy would be advisable at this point.
If there is going to be another accident after sofware fix, expect even more selloff.
As you can see in the past, BA had strong sell off events. Average sell off is 40% so ATH being 446, 240/250 seems about right.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
Price projection: Short to $266, idea Entries @416+I think, the future is not with Boeing for now.
I know hot patching, u can introduce new bugs just as easy while trying to fix an existing issue.
If there is one more plane drop, well, then get ready for some bumpy rides!
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
BA possible supprt buyAs the news from BA that their planes are practically falling out of the sky is pushing their stock price down to pre earnings levels, we see a clear support level forming. This trade will certainly take time before it even begins to show signs of a recovery. Once it gets some upward momentum and forms a nice base We will look to buy. as for right now we watch.
Boeing is headed down hard, we all know itPrice will drop to the last unfilled demand zone. That's where I could take a long position for a very conservative 3:1 bounce.
Ret$%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