Boeing737
Boeing Co (BA)(NYSE) Buy $378.50 >>> $414.01 (Good News)Boeing’s Earnings Report
This morning, Boeing management reported its quarter and investors sold Boeing’s stock down on the headline … at first. As of this writing, BA is back in the green to the tune of 1%. And therein is the opportunity.
This is a stock that has already suffered all the consequences it can suffer from its 737 Max incident, so now the upside potential makes owning BA shares the right thing to do.
Looking over Boeing’s earnings report , the metrics were fine, but the most important parts were that management pulled guidance for the year until a later date when they have more information from the authorities about the schedule for its 737 Max planes. BA also paused its share repurchase program, so that it can preserve its operating $2.8 billion cash flow (which is excellent, by the way). This is down 10% from last year’s but within reason considering the operational debacle BA has had to deal with.
Bottom Line on Boeing Stock
In the end, owning BA shares from these levels will be a winning investment. Short term, there are levels to trade for those who prefer to be active in Boeing stock. There is an open gap to $392 per share. Above $400, Boeing stock could spur a $30 rally to close the gap that is even higher. Conversely, below $360, BA would be in danger of testing $320. The right thing to do here is to hold BA stock for the months to come. The upside opportunity far outweighs the downside risk.
NYSE:BA
Boeing Co
Stock - NYSE (USA)
Profit:Risk = 2:1
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Buy = $378.50
Take Profit = $414.01
Stop Loss = $361.00
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Take Profit = +9.38%
Stop Loss = -4.62%
#BA The Boeing Company, When will the falls stop?Everyone has been asking in recent days how far the crash in the Boeing stock will come, In terms of technical analysis (Without entering into the grounding incident of plane 737) the BA price has touched strong support at 369 called kijun sen (Ichimoku indicator) which can stop the declines and cause further gains (10 % or more potential)
Buy BA:
Entry Price: 374
Take Profit: 415
#Boeing - Release of new 737MAX 9 gives positive climb rateHi guys! Not a technical analysis, more of airplane lovers analysis. I'm forecasting Boeing price climb upto 192 as there are more and more interest in their new 737 family aircrafts. They did a lot in terms of fuel efficiency and introduced longer fuselage. New CFM engines, new signlets look amazing and they decrease fuel consumption by manipulating aerodynamics.