$BA Is Boeing Breaking Out?On my watch list for Monday. Looking to go long here with well defined support. If it violates support idea is void. Ideas, not investing / trading advice.
BA trade ideas
BA- Break out over the Breaks outsNYSE:BA
BA has already hit the target price range at lower time frame.
if you remember I posted yesterday an update about BA’s break out of its resistance and possible target price in the lower time frame “if you will open a NEW position”.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
Symmetrical Triangle Pattern
$BA daily failure, weekly still in tact for now...When you chart with the weekly, you have to be ready for daily volatility. So far it's a bad day for airlines and Boeing...the weekly look is still valid for a little while longer. Another red day tomorrow and I would reassess. A lot riding on how we close today
Boeing showing strong support for Elliot wave 1Potential upside is at $330 with a 50% gain from now , stop loss at 170. The question would be is air travelling industry blooming this year for such gain to happen this year.
$BA weekly look...One more perspective and notes on what I like in a set up.
1. Breakout off a recent VWAP around $220
2. MACD crossover and turning green
3. Rising RSI
All these add to the risk/reward for a move that everyone has been waiting for. Nothing is guaranteed, BA has disappointed before, but I'm in it until this breaks down
$BA starting to fly...Alot of solid options for this one, Dec 3rd $250/$270 spread. Or just a same week $240/$260 spread now that we have $240 in our sights...
BA - Resistance become Support and Support became ResistanceBe more cautious about the break out if you will open a new position.
Plan your trade and Do due diligence.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
Boeing targets $300Goes up in the fifth wave of a diagonal.
Perfect wave relationships.
Breaks out of the corrective channel of the wave 4. Wave 4 equals 62% of wave 2.
Target - 62% for the wave 6 based on the length of wave 3.
Good luck and trade safe!
11/15 BAweekly chart
potential break out
bullish in 2022
#check check check check check check check check check check
break-up of descending trianglealso, backtesting 0.5 fib.
also, there is favorable news flow:
www.investing.com
BA trade Opportunity symmetrical triangle and lots of bounces off of 218, right on top of the gap. I would only play the downside of the symmetrical triangle with a pt of 218 and below 218 i would play the gap. regardless ba is going to pick a direction soon to fill gaps above or below
BA Descending triangle breakout-Weekly descending triangle breakout.
-Daily, 2 Day, Weekly TTM Squeeze forming
-Big resistance around 227.00 area.
-Gap fill potential around 234.00
$BA - Hourly bull flag, calls > 222 | Puts < 217 for gap fill$BA - Hourly bull flag, watch for calls > 222 | Puts < 217 for gap fill below to 213, also weekly looking for breakout
BA - Bulls vs BearsNYSE:BA
Bulls has tried many times to break the resistance, and in the coming weeks the support will be tested again if it is strong, when the support is broken it will look for another strong support again, and if breaks resistance the target price is $ 300- $ 320 for in our best case scenario.
Descending triangle
Going Long Boeing on an ascending channel, below 200 EMA I am using the bottom line of the channel as a stop loss, watching to see if it can hold above the 200 EMA and continue it's upwards trend. Jan 22 $270c @ $1.99
BA Wedge Break Weekly Options PlayDescription
Watching this wedge for BA. A close over the descending trendline in the wedge will trigger a long.
Seeing bullish convergence on weekly MACD.
Some good news has come out in the last couple weeks, indicating fine time for a supply/demand shift.
Using A call debit spread, because profits are always limited by time.
Call Debit Spread
Tentative Levels on Chart
SL is a daily close back in the wedge.
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/19 225C
SELL
11/19 240C
R/R & Breakevens vary on fill.
The long call is placed ATM for higher chance of profit,
The short call is placed to get the desired debit per contract.
The front-week options play is to capitalize on a swift movement following the break. I will look at opening some 2 or 3-month options as well, because its a large pattern.
Manage Risk
Only invest what you are willing to lose
BoeingThis POS needs to start moving and carry a load on the index since Tech just went for a crazy run.
NEEDS TO BREAKOUT.
Buy dated calls and hold, this one is coming.
Bounce & Breakout!!Money Makers!
BA has been trading nicely in an ascending channel. It recently bounced off the bottom of the channel and is now facing its next battle which is the trendline shown. There is a little consolidation right below the line, which leads me to believe that a breakout will happen soon. If it does indeed breakout we can expect a nice rise to retest the top of the channel. Let's see how this plays out.
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It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Descending TriangleFinally broke the top trendline with a bullish candle. Would be great to have another close above the resistance of that trendline for confirmation though.
Triple bottom at support line but a triangle can break up or down I suppose, and BA has been in this consolidation pattern for a long time!
No recommendation
Boeing Analysis 11.11.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
BABA is looking to breakout. It is holding above 217.70 which is a good sign. It has been having some unusual option activity. A break above the top trend line can easily take it to the 230 - 240 range at the breakout.
