It's been a month since Boeing's share started taking hard hits following the crashes of their 737 MAX aircrafts that gained a lot of unfavorable media exposure. The biggest hit was the March 11 1D candle that left a big $13 Gap. The recent (since 2018) price action on BA shows that every 1D Gap (either bullish or bearish) was filled. So in technical terms one...
Opportunity here to long boeing, exit trade if support breaks.
The game-plan since December has been to prop these markets up at all costs; the PPT joined with the 6 largest wall street banks, Trump called a "buy the dip", the FED turned dovish, and off to the races we went. For the DOW to continue higher, they need Boeing to be propped up. I envision a classic blame misdirection onto GE/Safran, the manufacturer of the...
TradingView Open position at $400.56 Stop loss at $403 Take profit at $379.6 Why this play? we just saw that the fault is due to Ba software, plus all the planes are still grounded all over the world, so take a look at the fees they are gonna have to pay. there is no way they are walking out of this without a scratch. based on that, i would consider their profit...
Boeing under investigation due to 2nd crash on 737 Max. Bear and death cross in 2hr chart. RSI is testing oversold territory, but momentum indicators are showing bearish trend. Trade at your own risk.
After major back lash from the terrible crash that killed many, BA has been showing us lower highs in the daily chart.
1. Fibb level 0.5 retracement 2. Demand Zone 3. RSI is over sold 4. Lower Wicks show strong buying pressure 5. Good RR.
man im excited for tommorow :)
Easy bull is over for BA. I expect more selling action, and more volatility. If this is an end of wave 5, then expect ABC pattern here. How it is going to look or what it is going to form into , we need short term look at this. finviz.com It is very possible for us to hit $240, with $250 being the psychological price for push back to $500. As you can see...
I think, the future is not with Boeing for now. I know hot patching, u can introduce new bugs just as easy while trying to fix an existing issue. If there is one more plane drop, well, then get ready for some bumpy rides! Good luck everyone ;) **LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support ~Explore the chart for possible scenarios of price...
The gap and move lower have pushed into the 50% retrace off 2019 move higher, the 100 & 200 DMAs & what was a key pivot level throughout 2018. Long-term pitchfork
As the news from BA that their planes are practically falling out of the sky is pushing their stock price down to pre earnings levels, we see a clear support level forming. This trade will certainly take time before it even begins to show signs of a recovery. Once it gets some upward momentum and forms a nice base We will look to buy. as for right now we watch.
Price will drop to the last unfilled demand zone. That's where I could take a long position for a very conservative 3:1 bounce. Ret$%ds are buying their resistance-becomes-support level right now at $370. Do you really think that news like that will not destroy this company? US President issued an order that will lead to massive losses for airlines and the...
Boeing (BA) have being printing Wyckoff distribution patter for long time followed by an Island Reversal pattern. I believe it is at the beginning of a lengthy down trend.
Boeing Company is suffering from a serious crisis in the last few days, how long this crisis will be last? no one knows, my guess is that in the near future The Situation in Boeing will return to normal, from the technical analysis point of view, I marked 2 key levels for long terms opportunities, the supply above is a Great level to open sell position, and the...