Boeing at the bottom of a very consistent parallel channel?This channel has been consistent for the last 1.5 years. From a technical analysis perspective, this may be a great buying opportunity.
Please use a stoploss.
thanks!
BA trade ideas
BA: Earnings Report Strategy and Conflict-Driven DemandBoeing (BA) is set for its earnings report release on Wednesday, presenting a strategic trading opportunity. My local forecast involves targeting the gap closure with options trading. Additionally, I plan to sell options as a way to capitalize on the increased volatility expected post-report. The current escalation in military conflicts globally could lead to heightened demand for military equipment, potentially benefiting Boeing's defense sector. This backdrop provides a unique angle for approaching BA's stock movement around the earnings report.
BA 192 to 214 range broken below will see 163BA should remain range bound between 192 to 214 range for some time now if we see more negative news on it and broken dissuasively we will see target1 178 target 2 163 and target target 3 121 however I would add lots at or near this price for a longer term investment. uptrend only possible above 120.
BA The Boeing Company Options Ahead of EarningsIf you haven`t bought the dip on BA before the previous earnings:
Then analyzing the options chain and the chart patterns of BA The Boeing Company prior to the earnings report this week,
I would consider purchasing the 202.5usd strike price Puts with
an expiration date of 2024-2-16,
for a premium of approximately $5.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Boeing: Descent to $130Overview
Boeing ( NYSE:BA ) has had a rough several years due to the controversy surrounding its MAX series. Just recently, an incident occurred during a flight on the West Coast where a part of the fuselage blew off during an ascent and required a prompt emergency landing. Fortunately everyone onboard made it safely back to the airport. This follows years after the two fatal Boeing MAX crashes in 2018-2019.
Technical Analysis
This is a new one for me. The BA 1D chart doesn't reveal any obvious patterns and, if anything, was in the process of forming an ascending triangle which is bullish. In light of the breaking news I am fairly confident that the ascending triangle will become invalid then transform into a months long descending triangle.
Utilizing Fibonacci retracement levels, I am expecting decent support around $130. Of course there will always be plenty of opportunity for scalping in-between now and then as the current share price is sitting around $249.
Fundamental Analysis
I will assess the balance sheet and provide a fundamental analysis sometime this weekend. However, I don't believe even a good balance sheet will alleviate the coming selling pressure. The markets are reactive to news and a healthy balance sheet would only mean certain recovery at a later time.
Boeing (BA) Investment: Navigating Opportunities and TrendsBoeing, the renowned American multinational, is a true pioneer in aviation, crafting airplanes, rotorcraft, rockets, satellites, telecom gear, and missiles worldwide. Established by William Boeing in 1916, it proudly calls Chicago, Illinois, its home.
With a colossal presence in the commercial aviation, defense, and space sectors, BA stands as one of the globe's aerospace giants. While its stock price has seen its share of turbulence, it has charted a steady upward course. As of September 14, 2023, BA trades at approximately $208.8 per share, commanding a market capitalization of around $120 billion.
BA's stock is currently charting its course around the $208 mark, signaling a bullish trajectory that could lead to an upswing. Yet, it's crucial to remember that the stock market dances to its own rhythm, and past performance offers no guarantees for the future.
Aerospace enthusiasts and investors alike should remain vigilant, as several key factors could influence BA's stock price in the near term:
• The financial performance, encompassing revenue growth, profitability, and cash flow generation.
• The ever-evolving global economic landscape.
• The dynamic demand for commercial aircraft.
• The competitive arena where BA navigates.
• And the potential game-changing news events that could impact the aerospace realm.
Suggested option: ( high risk!!! )
Call 250 19 January 2024 price now (2.60) , the fair value of this option is $3.25.
It is important to note that the fair value of an option is just an estimate, and the actual price of the option may be different. The actual price of the option will depend on a variety of factors, including the supply and demand for the option, the market's perception of the underlying stock, and the overall market conditions.
In this soaring journey, prudent investors must weigh all these factors diligently before making their investment decisions. The skies may be promising, but the winds of change are ever-shifting.
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Is Boeing a buy before earnings? LONGThis is a daily Boeing chart with the idea on the chart in the text. There may be a good entry
before earnings using a stop loss under the POC line and an ultimate target of the projected
trendline resistance at $280-$300 if all goes well fundamentally with an FAA investigation
and its sequelae. A megaphone pattern demonstrates increasing volatility in price action which
is something some traders take to the bank. My analysis is that this may be a safe swing trade
until the report of the 24Q2 earnings in about 100 days.
HOW-TO: Use the Autoreg Trend Cloud IndicatorHello!
This is a tutorial video on using the Autoregression Trend Cloud indicator, a premium indicator released some days ago.
I go over
a) How it works;
b) Tailoring the settings;
c) Using it to trade;
d) Basic trading strategy using the indicator.
For more details, check the indicator's description and explanation on the indicator's page.
You can access it at the link below.
Feel free to leave your comments and questions here or on the indicator page itself.
Thanks for watching and as always, safe trades!
Akasa Air's Ambitious Boeing Order Positions India for GrowthIndia's emerging airline, Akasa Air, has placed a historic order for 150 Boeing 737 MAX planes, signaling a significant leap forward in the country's aviation sector. The CEO of Akasa Air, Vinay Dube, announced the purchase of 737 MAX 10 and 737 MAX 8-200 jets, emphasizing the company's commitment to becoming one of the top 30 leading airlines globally.
This move is a significant boost for Boeing ( NYSE:BA ), especially amid the recent global scrutiny surrounding its 737 MAX 9 jet after a panel incident on an Alaska Airlines flight. Akasa Air's strategic decision to exclude the MAX 9 from its order demonstrates a cautious approach, aligning with India's aviation regulator's recent affirmation of the satisfactory completion of checks on the 737 8 MAX aircraft.
The order is not only a testament to Akasa's confidence in Boeing ( NYSE:BA ) but also highlights India's emergence as a major player in the aviation market. Civil Aviation Minister Jyotiraditya Scindia praised the landmark order, celebrating Akasa Air as the first Indian airline to achieve a firm order book of over 200 aircraft within just 17 months of operations.
India, now the third-largest buyer of planes globally, is experiencing remarkable growth in its civil aviation sector. Speaking at the "Wings India" aviation conference, Minister Scindia expressed optimism about India's aviation trajectory, emphasizing its role as a key driver of economic development, social progress, tourism, trade, and job creation.
Prime Minister Narendra Modi's ambitious goal of constructing 80 airports by 2025 aligns with the surging demand for air travel in the country. With the aviation market becoming fiercely competitive, global aerospace giants are actively pursuing opportunities in India, given its status as the world's fifth-largest economy and one of the fastest-growing air travel markets.
Akasa Air, translating to "sky" in Sanskrit, is positioning itself as an ultra-low-cost carrier, aiming to offer tickets at prices lower than its competitors. This unique market approach, coupled with its substantial Boeing order, reflects the airline's determination to capture a significant share of India's burgeoning middle-class travel market.
As India continues its upward trajectory in the aviation industry, the government's commitment to infrastructure development and the increasing demand for air travel are propelling the nation into a prominent position on the global aviation stage. Akasa Air's ambitious Boeing ( NYSE:BA ) order exemplifies India's resilience and potential for exponential growth in the civil aviation sector.
BACurrentlyBA in a downward trend, entry is at 199.00, stop loss is 203.00, and take profit is 177.00
BA further movementDownward Trend is confirming.
1. HA chart continuous down trends with no wicks upwards.
2. Parallel channel forming, more precisely Down- Flat-Down channel
3. Next support level 213, if closes below 213, expect 207 stop (based on 5 days awing.
4. Supply zone - 188
Good opportunity for selling calls OTM @230?
Please share your thoughts.
Bad news for 737 Max9 can take down priceI think recend bad new can take price down very quikly to reach trendline near 200$ very soon
$BA Boeing Gap Fill 50% RetracementNYSE:BA Boeing Gap Fill 50% Retracement on the weekly chart. In technical analysis, the term "Boeing Gap Fill" refers to a situation where the price of Boeing's stock retraces or fills a gap that occurred in the past on its weekly chart. Specifically, the focus here is on a 50% retracement.
A gap occurs when the price of an asset moves sharply up or down, creating a noticeable empty space or gap on the chart. In this context, the analysis is centered on Boeing's stock, and the goal is to observe how the price retraces approximately 50% of the previous gap movement on the weekly chart.
Traders and analysts often use retracement levels, such as 50%, as potential points of interest for market reversals or continuation of trends. The interpretation of a 50% retracement would suggest that half of the initial gap has been filled, and traders may assess this level for potential support or resistance.
Please note that specific technical analysis tools and indicators can be used to further analyze and confirm potential trading decisions based on the observed Boeing Gap Fill and 50% retracement on the weekly chart.
[BA] BOEING CO. BUY SETUPlooking for a rebound soon and recovery this year.
possible targets : 330$ , 425$
BOEING, CAN A 747 REACH THE MOON?meh, idk. probably not.
Something is weird with defense stocks.
I like the potential of the upside to see those gaps close.
There is support on the bottom side.
Gaps are closed on the bottom side.
Indicators are turning to favor bulls.
However, there may be some quick downside on these steep short term trends in red.
Green Triangle is likely a long term buy zone, with potential to hit as low as 145. However, I have no idea if that is before or after 300+
After that, if we break that support trend (thickest green), watch out for the movement to 92.
A movement like that would be similar to a covid drop and return.
Earnings is likely to flip price action.
Drop into earnings, and price targets hitting as support is a buy.
Pump into earnings without breaking out over rejection trends, and rejection targets is a sell.
Any feedback on the charts as far as simplicity to understand?
Do you prefer candles or the line? I use candles to TA, but I've found better feedback with the line chart, which I'm happy to keep doing.
Website update,
idk which direction I want to head with it.
Boeing stock: what's happening? (11/01/2024)According to investing.com , analysts at Bernstein brokerage company have reaffirmed an "outperform" rating on Boeing Co shares, setting a target price of 272 USD, in response to media reports that the incident involving Air Alaska Flight 1282 was unrelated to an isolated operational issue.
The issuer's fault may only be indirect, and this fact is unlikely to impact future financial performance significantly. The recent decline in Boeing's share price can be considered an emotional market reaction.
So, today, we will look at the Boeing Co. (NYSE: BA) stock chart.
On the D1 timeframe, resistance has formed at 250.19, with support at 223.20, creating a relatively wide channel. If quotes consolidate above the 243.00 level, it may signal a change in trend.
On the H1 timeframe, if there is a rebound from the 223.20 level, the short-term target for a price increase can be set at 243.00, while in the medium term, it could hover around 270.00.
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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Watching BAWatching Boeing for a drop below 200 to feel a gap, and start a position.
Would add a bit more around 178 if it went there.
Long term trendline starting from 2007 could serve as major support as well.
Rapid decent for Boeing"Boeing has said it still does not know how the crisis over the safety of its 737 Max jets will affect its profits." - This shouldn't be a mystery, RSI is pulling back in the face of increasing prices. Run for your life. A culture of quality issues plaguing the business from a high level, silenced whistle blowers discredited, profit taking before safety making to keep pace with competitors see here: www.youtube.com all of which do not equal the makings of a confident business.
www.bbc.com
In September of 2017 you could have bought into this trade at $130 a share and sold last month for almost $450. 3.5x return. What has this company done to justify an increase in value in the space of only 30 months? Perhaps they entered the rocket business? I'm scratching my head, perhaps someone can fill me in.
Boeing BANotable Gaps on NYSE:BA for reference.
After news pre market sell off can continue. great entry below 200 but we don't get there today.
$BA in key level NYSE:BA is having a tough time but that happened in the past.
Key level $229. Next $221 and $213.
Everyone wants to short this, so let's pay attention. Maybe going against the crowd if the price action suggests so.
$BA Fibonacci Re-tracement SupportThe phrase " NYSE:BA Fibonacci re-tracement support" suggests that technical analysis using Fibonacci retracement levels is being applied to Boeing's stock ( NYSE:BA ). Fibonacci retracement is a tool used by traders and analysts to identify potential levels of support or resistance in a financial instrument's price movement.
In this context:
- " NYSE:BA " represents Boeing's stock ticker symbol.
- "Fibonacci retracement" refers to a method of technical analysis that involves plotting horizontal lines on a chart to identify potential levels where the price may experience support or resistance based on key Fibonacci levels (e.g., 38.2%, 50%, 61.8%).
Therefore, " NYSE:BA Fibonacci retracement support" implies that analysts are looking at the Boeing stock chart and identifying specific Fibonacci retracement levels that might act as support for the stock's price. These levels could be considered potential buying points or areas where the stock might find stability after a price decline.
Keep in mind that technical analysis, including Fibonacci retracement, is just one tool among many used by traders and investors. It's important to consider various indicators and perform a comprehensive analysis before making any trading decisions.
BA may experience more downside after resisted by 50% FiboSince October 2023, BA experienced a positive trend, reaching the 50% Fibonacci resistance level on the weekly chart. Last week, the Relative Strength Index (RSI) indicated oversold conditions, showing a downward turn.
However, the recent news of the FAA grounding over 170 Boeing 737 Max 9s, following an incident where a section of an Alaska Airlines plane blew out, could potentially amplify the downside for BA in the upcoming weeks. Caution is advised.
Key levels to watch:
Resistance: $273
Support: $231 / $200
