Boeing
Boeing - Cup and HandleThe overall market continues to digest an increasing rate environment. The S&P retraced to the Golden Mean and quickly reversed into a choppy zone, driven by the surprise jobs increase. The CPI /PPI for January is up next. This is creating the Super Bowl of Bond Yields as the 10Y has been making bull moves toward the .214 Target, above 2.0%, of the Weekly iH&S break-out. Boeing is showing a reversal pattern with a Cup and Handle , confirmation would include a break and a back-test of the handle with volume .
It’s time to fly with BoeingI have waited quite a while for Boeing to look like a buy and i believe it’s time. The falling wedge has showed slowed selling into support and fib’s 382. Monthly and weekly stochastic are also converging to upside. The safe thing to so may be to wait for the wedge to break, but I am of the belief that the time is now. Also, I have considered $XLE breaking out already and see $BA following suit.
Not financial advice. I have linked my past Boeing charts.
Happy Trading.
Boeing looking to break out of downtrend channel. Keep on watch!
Look for Boeing next week to breakout of this channel or reverse back into channel. Time will tell, best of luck traders!
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Boeing: Looking for Lower Levels? The Boeing Company - Short Term - We look to Sell at 208.00 (stop at 216.00)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 205.00. Levels close to the 50% pullback level of 209.60 found sellers. Daily signals are bearish. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 205.00, resulting in improved risk/reward.
Our profit targets will be 187.00 and 176.00
Resistance: 205.00 / 230.00 / 240.00
Support: 200.00 / 190.00 / 180.00
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Boeing Following Main Trend Line I believe Boeing will return to its pre-covid levels sooner than later. Air travel will only increase overtime and orders for new air crafts (domestic/private/military) are starting to pick up. Please let me know what you guys think and negative feedback will not hurt my feelings so don't worry. 🤣
Boeing engine fireI've been out of $BA since $235 and for good reason.
Major fibs are being broken and the trend line fail as well.
In addition, you can see how the oscillators are converging to the downside...
I see $180 as the price target.
Not shorting...
Personally, I am waiting for entry.
I've linked my past Boeing ideas
(bull & bear; right or wrong)
to give context to my thoughts now.
Happy Trading
$AAWW: Flying SoloAAWW continues to benefit while $JETS and stocks like $SNCY continue to push new lows, if you are looking for airline exposure I do believe you will see the best return here compared to the broader sector. Good luck traders!
Boeing Analysis 11.11.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
BA Breakout and My Trading PlanBoeing is looking to breakout the downtrend here. It has been doing this pattern and breakouts ever since the covid crash and we have another instance here. BA has consistently been creating these downward wedge patterns and breaking out.
With the increase in vaccinations and covid issues starting to decline, and businesses and travel opening back up, this could be the catalyst that BA needs to start going back up. The USA also are now allowing vaccinated foreigners into the country which is huge for tourism.
I will be playing the gap fill at around 230$ - 235$, which would be my TARGET #1
There is also GAP #2 at around 245$ which could be the second target if it breaks the 230$ and the 240$
BEWARE: we did create a gap below, and is very possible that we fill that gap below before we can rip higher
OPTIONS:
I would take a month out, if more for these contracts. The Dec 3rd have decent open interests on the 225C and the 230C
DEC 17th look the best however with over 10k Open interest in many different contracts.
GOOD LUCK!