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BOEI34 trade ideas

$BA - 3 wave moves PT 243 - then 260+To me it appears BA continues to put in a series of 3 wave moves and soon it will break out of the symmetric triangle and rally to over 240 again. From there I expect a pullback to retest the uptrend line and last pivot low AVWAP, before rallying to back above 260. The apex is 10/22 for this, although I expect the breakout to happen this week. Option call volume was flowing late in the week and buyers really started to step in to gobble this stock up. The upgrade later in the week and the positive news failed to get BA above the downtrend line, but the sell off provided buyers an extra opportunity to get this stock at the cheaper level before it makes the move up. As expected the selloff was bought up very quickly. Watch for the TL break on this one if not already in, once that is taken 240 should come quickly.
NYSE:BALong
by btwice53190
Considering a Boeing short as a hedgeBoeing has had five straight quarters of negative-- and steadily worsening-- free cash flow per share. Current FCF per share over the last 12 months: -$34.15. Book value is also negative at $-31.04 per share. Frankly, you're buying liabilities when you buy this stock. Boeing's share price has risen despite one disaster after another. The latest is that a bunch of 737 MAX jets have been grounded due to electrical issues. Yet despite the company's catastrophic fundamentals, Boeing's P/S multiple is trading very near its all-time high of 2.48 from 2018. At that time, the company was buying back shares and paying a dividend. It has since suspended both activities. Government aid to the tune of $60 billion gave Boeing some breathing room, so it ended last year with a $20 billion cash pile. However, it can't keep up this level of cash burn indefinitely. Macroaxis calculates a 38% chance of financial distress for Boeing in the next 12 months. Boeing has rock-bottom analyst scores, with a 0.2/10 Thompson Reuters Equity Summary Score and 18/100 from S&P Global. Open interest from options traders has been highly bullish due to geopolitical tensions and the return of air travel. But this company is its own worst enemy: poorly managed and living on the dole. I'd consider a Boeing short as a potential hedging strategy for a Lockheed-Martin long. Despite the market meltup, I think this market is more fragile than it appears. So I've begun looking at hedging strategies. And for me, from a fundamental point of view, Boeing is one of the worst companies I'm aware of and a conviction short.
NYSE:BAShort
by ChristopherCarrollSmith
7
BA Preparing for LaunchBA technical price analysis. Cup and handle on 1 D it is almost done consolidating (or may be done) for the big launch. Lost trend temporarily but is back in (as expected in the last post). I would love for it to hit the support and 50 MA about $220, but a target of $280 (resistance) or $320 if BA decides to follow trend. Fundamentally BA’s travel sector has better guidance with the vaccines. Well better guidance than in 2020 that’s for sure. This is not financial advice. This is for entertainment and personal case study reasons. It is posted just for enjoyment purposes. Do not take anything as any form of financial advice.
NYSE:BALong
by Urmomma
$BA - channel break out watchBA has been in a channel and has tried 4 times to breakout from the channel. The question is can it do it this time? In a long term channel it broke down from the uptrend channel and since clawed back into the channel. break above $240 could send the stock to $260 and beyond. Target - $260 ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice.
NYSE:BALong
by PaperBozz
$BA | WEEKLY WATCHLIST 9/27An extremely frustrating stock that feels like it's been bull-flagging forever. If you look at the previous trends, this stock has the tendency to drag out like crazy before exploding. Wave 4 looks to be in, bouncing off the 50% retracement multiple times and showing a complete ABCDE corrective phase. As long as the $210 area holds, we should see a nice impulsive move up to the $300 area by December. Actively watching flow and chart for potential long swing entry! Please view chart for in-depth breakdown of suggested play.
NYSE:BALong
by StonksSociety
1
BA: Time To Fly Again? ✈️✈️✈️Since the middle of the Marc-21 Boeing is moving down and slowly inside a bullish flag or an ascending canal. You can name it as you like. The most important thing here is that the price seems to have found a strong support area near $ 206.50. We can clearly see that this is the second time that price has been rejected near those price areas. If you will be patient you will be paid for long-term portfolios. So do not give up on Boeing shares as the reward will be really good. Speculation with pandemic situations will end one day. One reason is that people are tired of hearing the same thing every day and the second reason is that many economies have returned to normality, people are returning to their job positions. So at the end of the day, everything will look like "DUST IN THE WIND" and BOEING will fly again✈️✈️✈️ So let’s be optimistic✌️ Thank you and Good Luck!
NYSE:BALong
by KlejdiCuni
28
Boeing | Fundamental Analysis | Short scenario info update.Boeing has started to regain order momentum in 2021 after two crises - the 737 MAX flight ban and the COVID-19 pandemic. In the first eight months of this year, the aerospace giant received 315 net orders for commercial aircraft. That is a welcome change after two years of negative net orders. However, Boeing continues to fight hard to produce aircraft reliably and pass them on to customers. That will cause the company to continue to squander cash and could jeopardize its future recovery. Boeing received 53 gross orders in August. Leading the way was the 737 MAX, with 35 orders from several customers, including Alaska Air and United Airlines. Boeing also recorded 11 orders for the 777 freighter - mostly from unspecified customers - and seven orders for the 787-9 Dreamliner (also from unspecified customers). Net of cancellations and other adjustments, Boeing recorded 45 net orders in August. This increased orders to 4,164 commercial jets. By comparison, Airbus attracted 99 net orders last month. While Boeing still leads in orders for 2021, Airbus has many more orders in its portfolio, nearly 7,000 as of Aug. 31. Airbus' significant order lead - especially in the narrow-body market - is a concern for Boeing. But Boeing's inability to deliver aircraft in large volumes is a much more pressing problem. Last month, the company delivered just 22 commercial jets, compared to Airbus' 40. Similarly, in the first eight months of 2021, Boeing delivered 206 aircraft, while Airbus delivered 384. The 787 Dreamliner series has been a notable upset in this regard. Boeing delivered just 14 787s in 2021, all from March through June. Just two years ago, the company was building and delivering 14 787s each month. Over the past year, Boeing has identified several types of manufacturing defects affecting some Dreamliner aircraft. So far, the company has been unable to agree with the Federal Aviation Administration (FAA) on a method of inspecting previously built 787s to make sure they are free of defects, which led to the latest supply halt. More than 100 787s are currently stuck in the company's warehouses. According to The Wall Street Journal, Boeing won't be able to resume deliveries until at least the end of October. The longer the delivery pause lasts, the greater the risk of triggering contract provisions that would allow customers to cancel orders without penalty. Given how slowly the demand for long-haul aircraft is recovering, many will not hesitate to take this chance. Boeing's progress in eliminating the 737 MAX inventory is also disappointing. The company had about 425 737 MAXs in inventory at the beginning of the year, and in the first half of 2021, that number was down by only 35. With 22 additional 737 MAX deliveries in July and just 14 in August, Boeing made little progress in reducing 737 MAX inventory this quarter. In the near term, Boeing's slow pace of aircraft deliveries will hurt cash flow. (Airlines typically pay most of the purchase price of an airplane after it is delivered.) Last quarter, Boeing delivered 79 commercial airplanes and drained $705 million in cash. Given that aircraft deliveries will reach the same level in the third quarter -- and with a weaker product mix -- Boeing will again be rapidly burning through cash. In addition, the excruciatingly slow pace of shipments of the 737 MAX calls into question underlying demand for the model. Airbus has had no problem turning over significantly more A320neo family aircraft to customers this year, despite the pandemic. Looking ahead, the 787 production problems will make Boeing's recovery more difficult. Boeing has already begun cutting production of the 787 family from 14 to 10 planes a month in 2020. With only 428 direct Dreamliner orders left, of which more than 100 have already been built, even a production rate of 10 months will be difficult to maintain in the near term (unless there is a surge in orders). If customers start to exercise the right to cancel orders, Boeing could be forced to keep production well below ten aircraft per month for the foreseeable future. It will undoubtedly limit future profits and cash flow.
NYSE:BAShort
by FOREXN1
10