Boeing
Boeing Company pushed back from support. Up!Ticker: BA
Idea: Long
Horizon: 1-2 months
Target: $170
Potential of the idea: 28.59%
Entry volume: 5%
Stop order: $109
Technical analysis
The testing of the support level of $120 was successful, and the price is consolidating above this level. With the volume of the position at 5% and stop order placement at $109, the risk on the portfolio will be 0.88%. The profit/risk ratio is 1.63.
Fundamental factor
The Boeing Company is the world's leading aerospace corporation and the largest manufacturer of passenger planes. The company's report, which will be published on October 26, may pleasantly surprise the market. If forecasts are confirmed, Boeing may show profit in III quarter, which will lead to growth of quotations.
BA Potential for Bearish Momentum | 5th Oct 2022On H4, with the price moving below the ichimoku cloud and descending trendline, we have a bearish bias that the price may drop form the sell entry at 133.93, which is in line with the overlap resistance to the take profit at 116.33, where the swing low is. Alternatively the price may rise to the stop loss at 141.13, where the 38.2% fibonacci retracement is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Boeing BA - A Dark HarbourI have never looked at Boeing until today, when I saw some guy posting ideas about it while I was having lunch and I didn't even recognize the ticker, and so I took a look at it, and was surprised to see what I found.
In considering this company, I completely understand that they've had problems with their planes, and big ones. But I have also said that I do not put much weight in the ostensible correlation between fundamentals of a company and price.
So long as the equity is still being maintained by Wall Street's behemoths, price action will remain orderly made and constitute a fractal that is rationally written and contains the combined intelligence of all market participants.
Boeing is really notable on the monthly charts:
Frankly, its bullish price action looked even better than what stuff like AAPL and TSLA printed during this unsustainable Federal Reserve money printer-backed tractor pull to SPX 4,800, and it occurred before COVID, and was accompanied by heavy distribution.
It only finally corrected when COVID hit, and yet it only swept out the '16 low, which led to the original impulse to $450.
Even more taste bud-piquing is the weekly chart:
BA has not had a shred of bullish impulse since March of 2021. More or less, while the entire market went ape-up in a straight line, Boeing has just grinded downwards.
This is highly indicative of significant smart money accumulation.
When the big 2022 correction started, Boeing lost 30% like everyone else, but formed a 24-month double bottom and protected its pre-COVID low with a generous wick and a healthy bounce.
More importantly, there is a gap that appears both on the daily and weekly candles at $330, which is exceptionally notable considering this mid-term range high, printed 18 months ago, wasn't far away at $~279.
I believe that a significant shakeout in the market will come shortly.
VIX - 9x8 = 72
But based on the price action of Boeing, I can't help but feel this is the definition of oversold and that an expectation from short sellers that this is going to turn around and rip south to new lows is going to be met with only one outcome: liquidation.
For other defense contractors like Lockheed Martin and Raytheon, although they have totally different (and much more bullish) price action compared BA, they share the characteristic of severely lagging the overall market in terms of bull impulse.
And these are arguably the most critical companies underpinning the United States and the globalist empire.
This leads me to believe that what lies ahead is a catalyst that will see defense and aerospace stocks go on a _significant_ bull run, providing an unlikely harbour amid an overall market that sees both equities and commodities revisiting (and breaking) pre-COVID market structure.
SPX / ES - Bull Whips and Bear Saws
For Boeing, it's still too expensive to buy, trading above the equilibrium point of this June-forward dealing range.
However, if this thesis that Boeing will go on a tear and not turn around and die is correct, I would want to see it fall to only a certain point and not flirt with the double bottom or the even the June gap lows.
The best buy signal, hands down, will be a dump into the $135 range, accompanied by market makers reverently supporting this area.
If so, you should definitely expect this whole 18 month range below $280 gets cleaned up, and likely in a highly aggressive fashion.
The question is, what serves as a catalyst for the defense and aerospace industry to moon?
There are no pleasant answers.
BA Potential for Bearish drop| 5th September 2022On H4, with the price crossing below the ichimoku cloud , the MA 20 is above MA 10, and there is a possible "double top" pattern, we have a bearish bias that the price may drop from the sell entry at 150.27, where is the 38.3% fibonacci retracement to the take profit at 141.81. which is in line with the 50% fibonacci retracement and previous swing highs. Alternatively, the price may rise to the stop loss at 158.33, where the neckline of "double top" is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BA Potential for Bearish drop| 5th September 2022On H4, with the price crossing below the ichimoku cloud, the MA 20 is above MA 10, and there is a possible "double top" pattern, we have a bearish bias that the price may drop from the sell entry at 150.27, where is the 38.3% fibonacci retracement to the take profit at 141.81. which is in line with the 50% fibonacci retracement and previous swing highs. Alternatively, the price may rise to the stop loss at 158.33, where the neckline of "double top" is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BA Potential for Bearish Continuation| 24th August 2022On H4, with the price breaking the ascending trendline and crossing the ichimoku cloud, we have a bearish bias that the price mat drop from the sell entry at 159.05, where the 23.6% fibonacci retracement is to the take profit at 142.11, which is in line with the overlap support and 50% fibonacci retracement. Alternatively, the price may rise to the stop loss at 173.06, where the swing high is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.XAUUSD Potential for Bearish Continuation| 24th August 2022
BOEING approaching a 1 year MA Resistance ZoneBoeing (BA) has been on a strong rise ever since the June 14 Low, with the 1D MA50 (blue trend-line) supporting. This trend is approaching its most important long-term test as the Resistance Zone formed by the 1D MA200 (orange trend-line) and the 1W MA50 (red trend-line) is just above. This Resistance Zone has rejected every break-out attempt since August 17 2021 (the only 1D candle that closed above was the November 15 2021 but no 1W candle every closed above).
As a result, it is the critical test that will most likely issue the trend of the next months. A 1W close above this Resistance Zone, is a bullish break-out signal targeting $220.00 which is just below the Resistance cluster shown on the chart. A rejection on the 1D MA200/ 1W MA50 Resistance zone, targets the 1D MA50 on the short-term at least. We have to give the bullish break a higher probability as the 1W RSI is on bullish reversal pattern since the May 23 low.
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BA Ichimoku Cloud AnalysisNot a financial advice, for educational purposes only!
Bullish sentiment above 153.00.
Lesson: When using Ichimoku Cloud, it is important to look where is the chikou span. In this case, it is currently sitting inside the cloud so no trades. To avoid fake setups, the chikou span is your friend. It is also good as s/r tool!
comments: EARNINGS COMING in 27 JULY 22. Estimated -0.13. Awaiting for the further details.
Boeing | Fundamental Analysis | Long May was a very good month for Boeing: the company returned to space with a (mostly) successful test flight of its CST-100 Starliner crewless spacecraft. Of course, SpaceX still has the edge over Boeing in manned spaceflight: since conducting its own crewless test flight in 2019, the company has put 25 people into orbit, compared to Boeing's zero.
But Boeing is looking to close the gap with SpaceX - possibly as early as this year - and set itself up to start generating revenue from manned flights in the future.
Boeing's OFT-2 test flight in May was the culmination of more than two years of work to get the Starliner up and running. While the crewless flight didn't go entirely smoothly, it was close enough that last month NASA confidently designated two astronauts -- crew chief Barry "Butch" Wilmore and pilot Sunny Williams -- to fly the Starliner in the upcoming Crew Test Flight (CFT).
NASA has not given a specific date for the CFT as it is still evaluating data from OFT-2. However, the space agency's internal calendar reportedly has a launch date of December 8. According to Ars Technica, there is at least "a reasonable probability that Starliner will make its second flight this year." And NASA has promised to help clarify that in a "launch schedule estimate" by the end of July.
Above all, it will be a big PR win for Boeing. It will allow the company to claim that, like SpaceX, Boeing is also a space company with a human-rated craft capable of flying to the International Space Station, to future private space stations that could be launched into orbit, or even theoretically to the moon. The Starliner's 390-cubic-foot crew compartment is near twice the size of the Apollo capsule, which regularly went to the moon in the 1960s and 1970s. While SpaceX will certainly remain the leader in terms of missions completed to date, in some ways Boeing will successfully "catch up" with SpaceX in this particular space race.
A successful CFT mission would also allow Boeing to receive the remainder of the $4.2 billion the company received in 2014 to develop the Starliner, a test flight, and six working flights with a crew to the ISS.
However, the CFT likely won't help Boeing win a few more crewed missions from NASA. When NASA gave SpaceX the first three additional crewed flights last year and then five more flights in June, it essentially maximized its crew transportation needs to the ISS until the end of the space station's lifespan, which is expected to expire in 2030.
While it is possible that NASA will find reasons to send additional astronauts to the ISS over the next eight years -- or that it may extend the life of the ISS beyond 2030, which would require additional flights -- at this point, Boeing cannot expect to get new flights to the space station. That means the company must get lucky if it wants to find more work (and more revenue) for Starliner. Either Boeing has to cross its fingers and hopes NASA finds a need for more flights to the ISS, or Boeing has to find new customers who need a manned spacecraft.
Where can such customers be found? There are three options. First, Boeing could approach Axiom Space with an offer to service that company's planned future space station. Axiom already has close ties with SpaceX, which could make that offer difficult to make. On the other hand, Boeing is already Jeff Bezos' partner in the Orbital Reef space station project, and if that project ever comes to fruition, Orbital Reef would be a logical destination for future Starliner flights.
Alternatively, Boeing could do as SpaceX did and become its own customer. Once the Starliner is deemed safe for human spaceflight, there is no reason why Boeing should not take the example of Virgin Galactic, Blue Origin, and SpaceX and offer space tourists to go into orbit aboard the Starliner as part of paid spaceflight. After all, when SpaceX flew its private Inspiration4 space tourist mission, it was rumored to have raised as much as $200 million to fly four space tourists.
Of course, how big the market is for $50 million space tourism tickets remains an open question, but since only two companies are capable of providing such a service right now, and Boeing is going to be one of them, this may be the most convenient avenue for expanding Boeing's new manned spaceflight program.
BA lookin like a short. Hey everybody, welcome back to my ideas.
As you can see we are shorting BA.
Price broke out of the long term down channel and was recently rejected on retest.
Yesterday it was also rejected on the second retest by the down channel and a long term S/R level and is now looking to form a double top.
To top it off, yesterday closed with a nice doji candlestick.
My confidence level here is 4/5
Let me know what you think in the comments.
*This is not advice
(Boeing) BA Short
I believe we could see a short term price decline in the BA stock. This might be a good opportunity for a short term bearish/short trade through stocks or options. The price has been on a long term downtrend, since approximately Nov 2021. Making Lower Highs and Lower Lows.
I have attached an image here of the BA chart on Daily candles, along with several indicators that give us high probability of a bearish price action.
Through my analysis, I see the following:
1. BA June 28th 2022 price action created a Bearish Hammer
The price opened at $140.89. After the open the price went up to the daily high of $147.18. At the high the price hit the top Bollinger band where it bounced off and reversed towards the downside. The bears then drove the price down to the daily low of $138.54 and shortly closed near the day's low at $138.70. The price closed below the open price signifying that the bears have won for the day.
2. The Bearish candlestick pattern is cutting through 3 key resistance levels.
- (Resistance 1) The Bearish Candle is cutting through the key moving average at which point the BA price has rebounded from in the past, as per the circles areas in the chart with arrows pointing to them. This MA served as a resistance several times in the past and it is where the wick of the bearish hammer candle is now.
- (Resistance 2) The Bearish Candle is cutting through the horizontal resistance shown by the blue dashed line.
- (Resistance 3) The Bearish Candle is cutting through the top Bollinger band, which is a resistance point and indicated the the price is overbought.
3. The Stochastic are showing an overbought condition, and in addition the black stochastic line just went below the red stochastic line, indicating a short term bearish price action is possible/likely.
I intend to enter the short trade and have 2 target profits in mind, marked by TP 1 (@ approx $131) and TP 2 (@ approx $131) in green lines on the chart. This will depend on the risk:reward ratio and aggressiveness of the bearish price action.
It is worthy to note that BA made a high high on this last bullish wave, however in order to confirm the short term trend change, we would need to get a high low next (hopefully at TP 2 price level point, which is also resting on the lower Bollinger band).
This is just my analysis and created for entertainment purposes. This is not and should not be taken as investment advice. I am not recommending this as a trade to anyone. Please do your own research and make your own decisions.
Boeing could soarI think Boeing is oversold.
Purely technical play as $BA is seeing buy volume coming in -- right off the fib level shown.
Oscillators look well defined.
Stochastic may be showing a need of a retrace.
but I am watching for the fib support at 130 to hold.
Timing likely depends on overall market.
Range* low.
Swing.
Boeing Boeing shares soar after Starliner!
The value of Boeing's shares after the successful launch of the Starliner spacecraft rushed up, testing the level of technical support of $118 per share on the New York Stock Exchange. This level is historical, which was recorded in 2020. One of the factors that investors are interested in buying Boeing shares and forming a medium-term trend of stable demand is the publication of optimistic macroeconomic statistics published by the US Department of Commerce, which gives grounds for the growth of the share price to $145 per share. In the event of a breakdown of the resistance level of $145 and successful consolidation above this value, the opportunity opens up to test the levels of $160 and $185 per share by the end of 2022 and continue the growth of the company's total income from 2020.
BOEING WOLFE WAVE SETUP CONSIDER FOR WATCHLIST FOR BUY TRIGGERSThere is a wolfe wave setup on the daily time frame. The projected target is calculated by extending a linear line between pivot 1 and 4. This is represented as the green perforated line, as shown in the chart. The projected target is 296 which is expected to reach this price target near June 2023.
Boeing (NYSE: $BA) Looks Ready To FLY High ✈️The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating leases, sales-type/finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was incorporated in 1916 and is based in Chicago, Illinois.
5/11/22 BABoeing Company (The) ( NYSE:BA )
Sector: Electronic Technology (Aerospace & Defense)
Market Capitalization: $78.658B
Current Price: $132.95
Breakdown price: $130.20
Sell Zone (Top/Bottom Range): $167.05-$143.75
Price Target: $92.00-$90.90
Estimated Duration to Target: 129-137d
Contract of Interest: $BA 8/19/22 125p
Trade price as of publish date: $10.30/contract