on the daily chart 200 moving average periods on the strength of 130 could prove to be a very strong resistance being supported also by the moving average then rangiungiamento at this level it is likely that prices will return to the first support 125 and then to 120
A double bottom in an uptrend, I call it a corrective double bottom, not because I want to seem smart, but because there is no name or definition for this pattern. A double bottom is when after a downtrend, an instrument makes two equal lows. This is an uptrend, with a small correction that ends with a double bottom.
Look for 140 - 145$. Considering how old this...
Ignore the MA Death Crossover that BA underwent just recently. BA at this very appealing support level should become a necessity to buy up for any fund holding it. There has been some noticeable bullish momentum divergence to boot and a look to the 4hr chart indicates that we should see a little pop in the coming days to keep us out of danger. Look for a retest...
Leading aerospace manufacturer The Boeing Company is trading lower again this morning. The stock has come under major distribution in 2014 after peaking out in January at $144.57 a share. Today, the Boeing is trading lower by $2.13 to $124.58 a share. Many traders and investors are now hearing that business is slowing down for The Boeing Company. Earlier today,...
The Boeing Company (BA) delivered upbeat second quarter 2014 results backed by robust deliveries. The company reported adjusted second quarter 2014 earnings of $2.42 per share, beating by 19.8%. The quarterly number rose an impressive 44.9% from $1.67 per share a year ago.
Candle is in red on good earnings telling us about weakness. And the chart confirms this...
Hello all,
I was recently asked about Boeing Corporation (BA) and so I thought I would take a few minutes today and take a good look at how its chart looks. I was asked about 'investing' dollars and when ever I consider an investment it is always best to work off the higher time frame charts. The weekly chart gives you a nice broader picture of price action and...
To get a full understanding of what is happening,
see the month view:
(the blue trend line down was just an arrow from the monthly view)
However, for the options, target extensions 1.27 ($116 and 114), and 1.61 ($112 and 110).
This is a lot of symmetry. I'm definitely short this in the short term, but I wouldn't be surprised if this makes it to the first target zone (90 to 95) area.
BA settled their labor dispute this past Friday.
BA has been in consolidation and the Alley-gator has been
compressed, or as Bill Williams describes the sleeping alley-gator. I would buy with a buy stop 2 ticks above the
fractal marked; 138.90 My stop loss would be below the blue line or the gators jaw.
BA is in a strong sector under accumulation the past...
it looks BA rally is going to an end. Ease Of Movement (EMV) shows prices moved upward with low volumes and Money Flow Index (MFI) says BA is now overbought.
This is what the japanese call SAN-KU, or in english three gaps. This is a bearish setup in an uptrend.
Along the san-ku, we also have an island reverseal pattern, which is a very powerful reverseal pattern.
Weekly chart looks really bearish.
All notes on the chart.
IMO the uptrend is over and it is time for a correction or a consolidation ( probably a...
