The Infamous Boeing: Accidents Weight on PriceThe Infamous Boeing: Accidents Weigth on Price
Dear Esteemed Members,
Boeing’s stock price has also dropped by 8.5% since Monday after a plane had to make an emergency landing after a part of its fuselage ripped off mid-air. Another plane was grounded after a window fell out during takeoff. Alaska Airlines decided to inspect all Boeings.
The competition from Airbus, which has secured a deal with the US Air Force to provide 20 A330 Multi Role Tanker Transport aircraft for $3.5 billion. This deal could give Airbus an edge over Boeing in the military aviation market, and also boost its reputation and revenue.
Kind Regards,
Ely
Boeingshort
Wells Fargo Downgrades Boeing Amid Debt Woes and Delayed GoalsBoeing (NYSE: NYSE:BA ), once a stalwart of American industrial might, faces significant challenges that have cast a shadow over its future prospects. The aerospace giant's financial woes have worsened as Wells Fargo recently downgraded its stock to “underweight,” slashing the target price to $119—a staggering 32% downside from its last closing price. Here's a deep dive into both the fundamental and technical factors that are driving Boeing's troubles.
Mounting Debt and Delayed Cash Flow Goals
Boeing's financial health is under severe strain as the company grapples with a massive net debt of approximately $45 billion. The debt crisis stems from a series of setbacks, including safety scandals, regulatory curbs on its 737 MAX production, and ongoing supply chain disruptions. As Wells Fargo analyst Matthew Akers notes, Boeing's annual free cash flow (FCF) target of $10 billion, initially projected for 2025-26, now looks unachievable until at least 2027-28.
To get back on track, Boeing (NYSE: NYSE:BA ) needs to address its towering debt load before it can consider launching new aircraft development—a critical factor for maintaining market competitiveness against rivals like Airbus (AIR.PA). Wells Fargo estimates that Boeing may need to raise $30 billion in equity to zero out its net debt by 2027, a move that would likely dilute current shareholders. The company's cash flow will remain constrained through 2030 as it prioritizes debt reduction over growth initiatives.
Further complicating matters, Boeing's strategic decision-making is under scrutiny. While deferring the launch of new aircraft could help stabilize cash flow, it risks losing market share to Airbus, which continues to dominate in the commercial aircraft space. A scenario where Boeing focuses solely on debt repayment could lead to stagnation, potentially ceding ground to competitors in the long term.
Technical Analysis: Breaking Below Key Support Levels
From a technical standpoint, Boeing's stock price has been in a downward spiral, exacerbated by the latest downgrade. Shares plunged over 7% on Tuesday, hitting their lowest intraday level since November 2022. The stock is currently trading below all key moving averages, indicating a strong bearish trend. The Relative Strength Index (RSI) stands at 34, signaling that NYSE:BA is oversold but not yet showing signs of a potential reversal.
The current price action suggests that Boeing could be headed for even lower levels, with the next major support zone around $149. A break below this level could trigger further downside, with limited immediate catalysts to inspire a rebound. The stock's downward trajectory has been punctuated by a series of lower highs and lower lows, a classic indicator of a sustained bearish trend.
Investors should be wary of Boeing's chart, which offers little optimism in the near term. The lack of institutional buying interest and consistent downward pressure point to a potential retest of critical support areas. Moreover, recent volumes have been thin, underscoring a lack of confidence among major players in the market.
A Long Road to Recovery
Boeing's path to recovery is fraught with challenges. The combination of staggering debt, delayed cash flow targets, and potential shareholder dilution paints a bleak picture for the company's near-term outlook. Fundamentally, Boeing needs to address its debt woes and regain investor confidence, while technically, the stock faces significant resistance levels that may cap any upward momentum.
For investors, NYSE:BA currently spells caution. The stock's inability to find a firm footing amid a series of bearish headlines suggests that Boeing's turbulence is far from over. Unless there is a substantial shift in the company's strategy or market conditions, the stock may continue to face downward pressure, making it a risky bet in an already volatile market environment.
The Boeing Company - Short SellThe stock shows strong indication for a possible trend reversal to bearish after the fulfillment of the bearish ABCD harmonics pattern.
Combining it with formation of a lower high (in accordance with Dow Theory) and a consequent strong bearish candlestick patterns from that price, a good short-sell entry point can be observed.
(Boeing) BA Short
I believe we could see a short term price decline in the BA stock. This might be a good opportunity for a short term bearish/short trade through stocks or options. The price has been on a long term downtrend, since approximately Nov 2021. Making Lower Highs and Lower Lows.
I have attached an image here of the BA chart on Daily candles, along with several indicators that give us high probability of a bearish price action.
Through my analysis, I see the following:
1. BA June 28th 2022 price action created a Bearish Hammer
The price opened at $140.89. After the open the price went up to the daily high of $147.18. At the high the price hit the top Bollinger band where it bounced off and reversed towards the downside. The bears then drove the price down to the daily low of $138.54 and shortly closed near the day's low at $138.70. The price closed below the open price signifying that the bears have won for the day.
2. The Bearish candlestick pattern is cutting through 3 key resistance levels.
- (Resistance 1) The Bearish Candle is cutting through the key moving average at which point the BA price has rebounded from in the past, as per the circles areas in the chart with arrows pointing to them. This MA served as a resistance several times in the past and it is where the wick of the bearish hammer candle is now.
- (Resistance 2) The Bearish Candle is cutting through the horizontal resistance shown by the blue dashed line.
- (Resistance 3) The Bearish Candle is cutting through the top Bollinger band, which is a resistance point and indicated the the price is overbought.
3. The Stochastic are showing an overbought condition, and in addition the black stochastic line just went below the red stochastic line, indicating a short term bearish price action is possible/likely.
I intend to enter the short trade and have 2 target profits in mind, marked by TP 1 (@ approx $131) and TP 2 (@ approx $131) in green lines on the chart. This will depend on the risk:reward ratio and aggressiveness of the bearish price action.
It is worthy to note that BA made a high high on this last bullish wave, however in order to confirm the short term trend change, we would need to get a high low next (hopefully at TP 2 price level point, which is also resting on the lower Bollinger band).
This is just my analysis and created for entertainment purposes. This is not and should not be taken as investment advice. I am not recommending this as a trade to anyone. Please do your own research and make your own decisions.
BA , We need more correctionHello guys
According to the chart you can see the price is moving downward trend and it has need more correction to have good R/r then we have permission to take short position until the target.
You should take signal at first then dont forget use stop loss and observe to your capital management.
Everything is shown on chart, If you have question send us messages
Good Luck
Abtin
Boeing in a Range? The Boeing Company - Short Term - We look to Sell at 229.71 (stop at 242.04)
We look to sell rallies. Previous resistance located at 230.00. Previous support located at 190.00. Trading within a Bearish Channel formation. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 230.00, resulting in improved risk/reward.
Our profit targets will be 190.83 and 176.80
Resistance: 230.00 / 240.00 / 260.00
Support: 200.00 / 190.00 / 175.00
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MOMENTUM - Engine Failure, Breakout Failure - Boeing $BA - ShortMomentum trade:
- Looking for a quick short in the morning on Boeing.
- Bad news with grounded 777 after engine failure.
- Terrible earnings, terrible indeed.
- BA has NO business breaking out of resistance here.
Not their fault, but shorts will attack. Don't be greedy either in this market. Both sides get chopped!
SL: 226
TP1: 207
TP2: 203
TP3: 190
RRR: 3.0
BOEING PREPARING TO DUMP? OCT TABOEING is down over 50% from it's highs back at the start of the year. Will BA have enough strength to hold through or will it lead the market down another hole...
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The stock currently sits above what has proven to be strong support @ $153 but before we play this one we need confirmation.
Watching the orange trend line as support/resistance, it holds strong on the weekly timeframe.
Possible long on a break and hold of resistance @ $190.
Upside targets: $234
Possible Short Entry pn break and hold below $153
Caution needed with this stock as it continues its push up. Seems like it's due for a correction in a few months.
DotcomJack | Michael Jordan of Stonks
Boeing Holding Channel For Now.I am mainly focused on the 3day for a boeing entry.
We currently on the daily have some nice support holding up price on the current channel.
I am allowing it some more time to develop on the 3day timeframe to see how the candle and the ema dots play out. As of now I have no indication to buy 3day.
Neutral.
Boeing Needs To Hold Here... Or It Will Get Ugly!Ever since I got rid of this long back on june 8th for a 58% gain, it has only collapsed.
Now I'm interested in boeing now that we have some major structures to play with since the correction from the lows.
Now we can identify major levels of trends for support and Resistance to play for our next entry.
You can play both sides of the market for boeing at this 158$ price area as it is testing a major level of upward support for an aggressive play.
Keep in mind that the larger timeframes like the 3 day continue to bleed out red on all indicators.
Personally if I was going to attack long here I'd scale in with a small position. I'm more in favor of letting it play out some more and see how it reacts based off the indicators. Keep in mind that the dow is also under pressure currently which we could factor into the market overall.
It will all come down to Monday market open to see how the orders stack up.
Have You Been Buying Boeing? (BA)Overall the trend has been in retracement territory as all indicators continue to shoot red with the compression of dojis starting to pull.
I've been bearish on boeing and I have no interest in creating a long position as of now.
For now... I sold the top.
Wait for confirmation.
🤔 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
👍 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
How Could You Miss? 58% Was The Correct TP! (BA)💰💰💰 The exact same patterns happen over and over again!
My decision to exit my boeing position on the 9th was on point!
I saved myself from a 20% correction! 😯
The Crossover strategy and the ema dots all aligned red for the indication of a drop off!
What do we look for now? You guessed it! GREEN ALIGNMENT! 🤑
Best of luck to you, 🎲
🥇MLT | FULLTIME PRO TRADERS
Glad I Took My Money @ The Top! 🤣 (BA)✈ Clear the landing strip!
184.40 MUST HOLD! Short if it breaks.
Channel now identified, now that we have new structures to play with.
Top breakout level is far away. 184.40 is the main focus for break or turning point.
Use the Crossover strategy and the ema dots to spot the reversal for a lomg.
Good luck, ✈✈✈
🥇MLT | MAJOR LEAGUE TRADER
Goodbye. Took My 58% Gains On Boeing. (BA)I'm getting very aggressive on the 1 hour timeframe. Taking my gains and going to something else. See you later boeing I wish the best for you and thank you for the nice size swing. ❤❤✌😁✌💰💰
Time to compound the interest in a new beginning 💰💰💰
58% winner.
🥇MLT | PRO TRADERS