BA trade ideas
$BA Getting Ready to Resume the Uptrend?Boeing had formed a cup with handle formation that it “tried” to breakout from at earnings. That breakout failed but not by much. It broke out again on February 6th and has since been forming what looks like a bull flag.
I had an alert set on the horizontal line of resistance (breakout area) and I took a long position with a stop just below today’s low. To confirm the continuation of the uptrend, it needs to break above the bull flag. If it does that I will look to add to my position.
This is my idea of how I look to make trades. If you like it, please make it your own trade, and follow “your” trading rules.
BA Stock Analysis: Potential Breakout and Key Resistance LevelsDisclaimer: This is not trading or financial advice, just current speculation:
BA is currently testing support at the 0.382 Fibonacci level (181.75). The RSI and MACD indicators suggest a potential breakout to the upside. If the price breaks above the current range at 182.02, it could move toward 182.59. After that, the next resistance is at 182.80, followed by a resistance zone around 182.98. The next key level to watch would be the 0.618 Fibonacci retracement at 183.40.
Boeing is still flying. BAPretty strong evidence for continuation of upward price action o this one. We are certainly waiting on a RSX momentum divergence to form here, hopefully in the upwards of 1.0 Fibonacci extension of the immediately previous move. Markets are very fluid, and as such percentage probabilities vary with time passing. What looks right today, may not look so tomorrow.
Boeing (BA) Testing Critical Resistance! Breakout or Rejection?Technical Analysis (TA):
* Current Trend: Boeing (BA) is trading in an upward channel, attempting to break through the resistance zone around $182. The stock has shown strong momentum in recent sessions, supported by increased volume.
* Key Levels:
* Immediate Resistance: $182 (psychological level and near-term high).
* Support Levels: $178.19 (recent consolidation zone), $176.23 (secondary support), and $174.24 (major pivot).
* Indicators:
* MACD: Bullish momentum is fading slightly but remains positive, suggesting potential consolidation or minor pullback.
* Stoch RSI: Overbought conditions, indicating potential short-term profit-taking before another leg up.
GEX and Options Insights:
* GEX (Gamma Exposure):
* Call Resistance: Major gamma wall at $185 and $188, indicating potential hurdles for further upside.
* Put Support: Key support at $172.50 and $170, aligning with broader technical levels.
* Options Flow:
* IV (Implied Volatility): Relatively low at 10.7, suggesting that options are cheaper.
* Dominant Call Flow: Calls make up 20.1%, indicating bullish sentiment, but a breakout confirmation is needed for continuation.
Trading Thoughts and Suggestions:
* Bullish Scenario:
* Entry: Above $182 on a confirmed breakout with strong volume.
* Target: $185, then $188.
* Stop-Loss: Below $178 to manage risk.
* Bearish Scenario:
* Entry: Rejection at $182 or breakdown below $178.
* Target: $176, then $172.
* Stop-Loss: Above $183.
My Thoughts:
Boeing's price action suggests a high likelihood of testing $185 if it clears $182 decisively. The combination of a strong upward channel and positive options sentiment provides a bullish bias. However, the overbought conditions (Stoch RSI) warrant caution for a pullback before further upside.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and use proper risk management before trading.
Boeing May Be Attempting a TurnaroundBoeing has struggled for years, but now there may be signs of a turnaround in the aerospace giant.
The first pattern on today’s chart is the series of lower highs between December 2023 and early December 2024. The stock has now pushed above that falling trendline, which may suggest its direction is turning.
Next, the 50-day simple moving average (SMA) just formed a “Golden Cross” above the 200-day SMA. That may also indicate a change of direction.
Third is the rally between November 22 and late December. BA retraced half the move before bouncing, which may confirm an upward trajectory.
Fourth is the weekly close of $179.99 from mid-August. The shares have been stuck at that level since December. That may make traders view a close above it as a potential breakout signal.
Recent price action has gotten more interesting as well. Last week saw an outside candle around earnings, and now an inside week is forming.
While these signals are inconclusive, they’re all potentially consistent with a reversal. Could more news of a business revival bring long-term money off the sidelines?
Finally, BA is an active underlier in the options market. (Its average volume of 127,000 contracts per day ranks in the top 5 percent of the S&P 500, according to TradeStation data.) That may help traders take position if the shares start moving.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options.
Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com .
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
BOEING $BA Year Low Rejection Boeing has bounced off the Year High of 188.47, breaking structure on the 4HR. Rejecting Golden Bearish Fib levels on the Daily and Weekly, now with a negative MAC D on the 45 and soon to be 4HR… Boeing, the lagging company in the airline industry is set to reject this years low of 164 in the coming weeks…
BA Technical Analysis and GEX InsightsCurrent Overview
* Price: BA is trading at 177.90, recovering after a sharp drop in the previous session.
* Trend: Consolidating above key support levels following significant earnings-driven volatility.
* Market Note: Be prepared for potential gaps or trend shifts at market open. The levels and trends outlined here may evolve, so remain adaptable. For updates after the open, feel free to message me.
Technical Analysis
1. Key Levels:
* Support:
* 175.00: Immediate support at a prior breakout level.
* 172.50: Stronger support, aligning with a key gamma level and the 4-hour trendline.
* 167.50: Secondary support, critical for maintaining the broader uptrend.
* Resistance:
* 180.00: Major resistance and the highest gamma level.
* 182.50: A key structural resistance zone.
2. Momentum Indicators:
* MACD: Neutral to bearish, with momentum slowing after recent gains.
* Stochastic RSI: Neutralizing near mid-levels, signaling consolidation.
3. Volume:
* Strong volume on the recent pullback, indicating active trading around support and resistance zones.
4. Trendlines:
* Rising trendline from earlier lows near 172.50 provides a strong structural support.
GEX (Gamma Exposure) Insights
1. Gamma Walls:
* Call Walls:
* 180.00: The highest positive GEX and critical resistance level.
* 190.00: Significant upside target if bullish momentum resumes.
* Put Walls:
* 170.00: Strong put support, with significant negative GEX.
* 167.50: The second major support level.
2. IVR and Options Flow:
* IVR: 21.8, reflecting relatively low implied volatility.
* Calls vs. Puts: Calls make up 22.9%, indicating mixed sentiment with a slight bullish tilt.
* GEX Direction: Neutral to positive, supporting stability above current levels.
Market Direction Scenarios
1. Bullish:
* A breakout above 180.00 could trigger further upside toward 182.50–185.00.
2. Bearish:
* A failure to hold 175.00 may result in a retest of 172.50, with potential downside to 170.00.
Key Notes
* Expect potential price gaps or momentum shifts at the market open. Adjust your strategy based on real-time data and price action.
* If you need an updated analysis after the open, feel free to message me for a tailored update.
BA SHORTBoeing reports will come out negative. Pricing in the earnings, and coupling it with fundamentals, we can see it
1. Raid on FVG
2. Price is moving from IRL>ERL
3. Trendline Liquidity needs to be taken out
4. Corrective pattern. Price corrects in 3 waves(A,B & C). Expect Wave C
4. Price will come to fill the base which broke overall structure to the upside.
Boeing (BA): Is Boeing Finally Breaking the Bearish Trend?Boeing has faced significant challenges since March 2020, and when zoomed out, the stock has been trading in a well-defined range between $265 (range high) and $120 (range low), with the mid-range at $192. These levels have been respected repeatedly. From an Elliott Wave perspective, starting the count from the COVID low, we’ve observed consistently deep wave 2 corrections. Following the recent low of $138 in November 2023, we believe Boeing has broken the bearish trend that began in December 2022, signaling a trend reversal.
Currently, we anticipate the completion of the very minor wave (i) soon, followed by wave (ii) correction between the 61.8% and 88.2% Fibonacci retracement levels. To safeguard against Boeing’s historically deep corrections, we are placing the stop-loss slightly below 100% of wave 2.
Looking ahead, the wave structure suggests that Boeing could eventually break out of this long-standing range. For now, the focus is on reclaiming and holding the mid-range level at $192. Our target in this setup is to reach $265 (range high), but it is crucial to first see the mid-range flipped into support.
Key Levels:
Support: $147
Resistance: $192
Boeing - bullrun Since Boeing lost a lot during covid and further continued to struggle because of quality problems and horrible manegement it´s now priced cheap and the problems are now taken more serious. Boeing still is going to be able to compete to Airbus because of it´s 777-x , 787 and 737 series. The stock is:
-oversold
-cheap
-in a trendchange
Major Price Movement Incoming for BA!Signalist has detected a precise pattern in NYSE:BA trading activity, signaling that a substantial price movement is imminent. This isn’t a random fluctuation—it’s a carefully analyzed precursor to a significant market event.
📅 What to Expect:
⌛ Timeline: Anticipate a major move within the next 1 to 4 upcoming 3-hour candles.
📈 Monitor the Charts: Keep an eye on BA’s price action over the next few candles.
Prepare Your Strategy: Whether you’re bullish or bearish, have your trading plan ready to capitalize on the move.
Boeing is ready for next leg up to $200On December 10, 2024, we had a look at the weekly chart of NYSE:BA Boeing and it was a very good opportunity to get into this stock. Since then, we made over 20% in under one month.
After consolidating for nearly three weeks, we may have another chance to get in for the next leg up to $200. The only thing to worry about are the earnings on January 28. Those could have a huge impact on the stock price, but chances are the impact will be positive. Since 2024 was a very challenging year for Boeing with lower net orders booked compared to Airbus the comparisons are much easier to beat than it is for Airbus.
Boeing experienced a decline in various metrics last year. The company recorded 569 gross orders, representing a 61% decrease compared to the previous year. Cancellations increased by 50 units, mainly due to the anticipated cancellation of 135 jets ordered by Jet Airways. Net orders fell by 71% to 377 orders, and the net order value also decreased by 71% to $33 billion. This reduction in orders is attributed to the uncertainty surrounding Boeing's production schedule, which makes it less attractive for airplane orders. Deliveries fell by 34% to 348, and the delivery value decreased by 35% to $26.1 billion due to the grounding of the Boeing 737 MAX 9 and a subsequent strike.
If we assume no further crashes or problems with Boeing aircrafts the numbers are easier to beat, and we come from a very low base. In addition, most analysts are quite conservative right now.
Looking at the technical setup we just bounced from the 0.382 fib from the current upward movement. Below the fib we have another support at around $160 as well as a resistance at $200 with an open gap. Assuming no surprises during the earnings we’re up for another leg up to $200 (15% ROI).
Target Zones
$198-200
Support Zones
$165
$160
Levels to break on BA! 🔉Sound on!🔉
📣Make sure to watch fullscreen!📣
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!