BA trade ideas
The Boeing ($BA) Company to $300+?Boeing is about to hit trendline support at 212.56. The bottom of this trendline trend is March lows. I believe these lows are the strongest support.
MASSIVE Cup and Handle forming on the 1D. Consolidation phase near completion.
Fundamentally, COVID vaccines should support BA as a company and as a stock.
Technically and Fundamentally bullish IMO.
This trendline support and cup and handle should send BA to highs. Target: $300. Potential exit points 225 240, 260, 280.
This is not financial advice. This is a case study for entertainment purposes. Do not take anything I say as any form of advice or financial advice.
BA another fav looking "close"Boeing looks like it is getting close to finally breaking out. Weekly being rejected at 30 MA / trendline resistance. Supported by 50 MA and uptrend, also very close to apex (decision time is near). I am favoring a break to the upside following the earnings that BA just had and overall I think undervalued. For now I do think it is best to wait to see which direction it is going, because a break the downside would open up the short trade (this could happen if market takes a turn for the worst).
What I am waiting / watching for: I want to see relative strength (this week was weak vs overall market, not good). Need to see an uptick in volume if we are going to break to the upside and have any meaning behind it (breakout on low volume is not a good sign). Need to get above the 235ish volume shelf resistance on increased volume and then break above the 30 / downtrend line. Once this happens I will be looking for the backtest of the 30 and that will be the spot to go long with an initial PT of 265.
Boeing - Decision TimeThis month, Boeing must make a decision as to rather or not it will breakup or down. We can see the downward curve that has been applying pressure on Boeing meets the long term uptrend line. Levels have been listed and if I am long, I want to see Boeing break above the red line/curve with a successful back test to prove that it is not yet another false breakout.
Boeing long!Hello investors! Boeing seems to slowly move in this channel. I expect it to break out of this downtrend that formed in the last couple of weeks and continue going higher. Have a great weekend!
BOEING: FUNDAMENTAL ANALYSIS + PRICE ACTION |SHORT VIEW 🔔After a significant portion of commercial airplane orders faded in 2019 and 2020, Boeing began to rebuild its production backlog in 2021. The aircraft producer has reported positive net orders for six straight months. The company will likely prolong that sequence to seven months when it announces its August order activity next week.
However, compared to Airbus, Boeing's order book still looks pale due to the A320neo family's advantage over the 737 MAX. This week, Airbus received an important order from Jet2.com, an old-time BA client, a British travel airline. This setback underscores the fact that the U.S. aerospace giant is still struggling.
In recent years, Airbus has persistently kept an advantage over Boeing in terms of orders, especially in the narrow-body segment. But the gap widened when Airbus bought a majority stake in the CSeries aircraft program - now known as the A220 - in 2018, and widened productively after the Boeing 737 MAX was banned from flying two years ago.
As of the end of 2015, Boeing had 4,392 firm orders for the 737 family, while Airbus had 5,535 direct orders for the rival A320 family. This gave Airbus a 56% share of orders for narrow-body aircraft between the two leading aircraft manufacturers, a substantial benefit but merely an authoritative position. Two years later, Airbus' share has risen to 57%.
But by the end of July this year, orders for Boeing's narrow-body aircraft had dropped to 3,314, largely because a string of orders for the 737 MAX had faded over the past couple of years. Meantime, Airbus ended the month with 6,100 firm orders for narrow-body aircraft, with the A320neo family accounting for more than 90% of that portfolio. That brings Airbus' share of orders for the two competitors' narrow-body aircraft to 65%.
For most of its history, Jet2.com has operated exclusively Boeing aircraft. Today it has about 90 aircraft in its fleet, almost all of them Boeing 737s.
Last year, however, Jet2 tried leasing an A321. Apparently, the leisure-oriented airline liked what it saw. On Tuesday, Jet2 and Airbus announced that the airline had placed a direct order for 36 A321neos with options for 24 more. That proved initial Reuters reports that Jet2 was on the verge of switching to Airbus. Jet2 said the planes would be delivered within five years, through 2028.
Airbus probably offered big discounts to poach Jet2 from Boeing. However, the A321neo's superior capabilities over the 737 MAX 9 and 737 MAX 10 gave it the opportunity to win this business. Jet2 will equip its A321neo with 232 seats, slightly more than the 737 MAX 10's maximum capacity of 230. In addition, the A321neo can operate from shorter runways than the 737 MAX 9 or 737 MAX 10, giving Jet2 more operational flexibility.
Jet2's decision to replace dozens of Boeing aircraft with the A321neo shows that Airbus continues to hold the advantage in this rivalry.
Of course, Boeing still has a solid backlog for the 737 MAX and continues to receive new orders from several key customers. On the other hand, Boeing will need to significantly increase order volume to support a sustained return to peak production rates. Furthermore, heavy reliance on a few customers has its drawbacks. First of all, large customers tend to accept the biggest discounts, which affects margins.
There is no doubt that Airbus is not going to make life easy for Boeing. The European aircraft manufacturer plans to increase production of the A320neo family to a record high by mid-2023, with a subsequent increase in production through 2025. It will open up additional slots for deliveries, preventing Boeing from getting default orders as a result of Airbus' larger backlog.
The 737 family of aircraft has been a real financial trough for Boeing in the past. The huge global oversupply in the widebody market will make the 737 MAX even more important in the near term. Unfortunately, over the next decade, Boeing will likely have to build the 737 MAX at a slower pace and at lower margins than investors anticipated just several years ago. As a result, Boeing stock will be grounded for some time.
$BA 2 triangle's accumulation , long #boeing boeing has 2 triangles accumulations
i believe after good results and sell off ,now it will react uptrend
disclaimer
BA needs to Bounce and Soon!Unpopular Opinion
BA
- Looks weak.
- Needs more good news and less bad news. :rolling_eyes:
- Needs to stay above the moving averages.
- Could drop to $202
- Worse: Could drop to $192.65
- Worst: Could drop to close the gap near $158.10 (Market would literally have to crash. Seems less likely.)
I'm not posting this to discourage...just keep your eyes open. BA is the government's baby, they won't let it die...plus there are bulls waiting at multiple levels below. Keep this in the back of your mind just in case. It's September and if it's like the last couple of years, the market will slow down and eventually turn into "Red October."
Meanwhile, trade the trend lol
Boeing - Buy the Giant!As shown in the chart. Seems like a wedge forming, and it is really possible to witness a breakout very soon. Let's see if that's the case! Target price and stop-loss labeled, looks like a very rewarding trade for me.
BA bear flag Primary trendline (Yellow line)
Secondary trend - Bear channel ( white line)
Minor trend - Bear flag
forming a bear flag after a dead cat bounce off of primary trendline. To be honest the entire travel sector peaked in march and has been dumping the entire summer. 9-10 travel stocks are trading under its 200ma..
boeing is headed back to 190's in sept
BA $240 moving to in short term BA Current Price $221 Price Target $240
Option - $220c 9/10 ($568,1.7% till breakeven)
After reporting their first profitable quarter in 6 quarters I believe now is the time to add some BA to your portfolio. FDA approval for COVID vaccines coming in just last week shouldact as a tailwind for the travel sector and especially Boeing. In June, Boeing booked defense contracts valued at $1.1 billion. The contract flow was carried by orders for the CH-47 Chinook and the AH-64 Apache. Seemingly, July was even better in terms of contract value. There was a fear out there that BA may see a decline in defense spending due to changes in administrations as we went from the trump administration to the Biden Administration but that is simply not taking place, defense contracts have been very strong for the company. Looking at the chart I believe we will trade up to the top line of resistance around $240 over the coming weeks.
BA Support!Money Makers!
BA is currently trading in a channel on the Daily TF. It's found support on the trendline shown and can begin to move higher like it did in the past. If this trendline fails expect a move to the bottom of the channel shown in yellow. If you're going long remember to use a tight stop-loss.
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This is not financial advice.
Simplicity Wins
The Boeing (BA) Company to $240, $280, $300 and why Boeing (BA) has a Cup and Handle forming on the daily. It is also approaching the bottom of a 1 year and 5 month old Trendline. This Trendline’s lows originated during the COVID-19 March lows. I believe this is the strongest support for BA. This same trendline has acted as support in the past several times.
Potential targets drawn for your viewing. Explained in more detail and why $300:
Potential targets with this bounce with the bullish Cup and Handle and 1 year 5 month old Trendline Support: $240 (past resistance), $260 (past resistance) and $280 (past resistance. If we break through $280 we could run to $300. $300 is the old support back in a big dip in 2019, could actually as resistance. At 225 purchase price and 300 sell price this poses a 33.3%+ ROI.
Fundamentally, vaccines are being released and our expert scientists are figuring things out.
TECHNICAL: BA looks incredible on a Technical Level with the Bullish Cup and Handle, and Trendline Support (the bottom of this trend originated in March lows).
FUNDAMENTAL: BA is in an incredible spot if you believe these vaccines will have a positive impact on the travel industry. I believe Boeing’s travel outlook will weigh much more over defense concerns (now that we are out of Afghanistan). Long term, it may be a problem, but we are playing the bullish cup and handle and trendline support baby!!
Let’s go The Boeing Company!
This is in no way shape or form financial advice. This is for educational purposes only. This is also a case study. None of this is financial advice.
$BA | WEEKLY WATCHLISTLoving this setup going into the week, I entered a swing position last Friday near open. Already up in decent profit. As long as the lows hold around $216, we should expect an impulsive move up to the $230-231 region. Ultimately looking for $238-241 to completely take profits on my swing, but that may take a little longer.
The Boeing (BA) Company to 300?Boeing $BA about to kiss trendline support that originated in March lows. 1 year 5 month old trend. March lows may have been the ultimate support. I believe based on this trendline data that it will bounce on the trendline and ROCKET to $240. I do believe it is strong enough to reach $280 for a real test. If it breaks through, final target is $320.
Fundamentally, I believe COVID is being figured out with our expert scientists who develop these vaccines.
My targets is ultimately $320 posing over a 44% return (this is not financial advice). At 280 it is still 26%+. Other shorter targets 240 250 260.
THIS IS A CASE STUDY FOR EDUCATIONAL PURPOSES ONLY. THIS IS NOT FINANCIAL ADVICE. THIS IS BASED ON MY OWN EXPERIENCE AND FROM PAST CASE STUDIES. THIS IS NOT FINANCIAL ADVICE.
Boeing Trading Idea- Long-Term : My fundamental outlook for the Aerospace and Defense sub-industry over the next 12 months is neutral. I expect fairly modest growth in U.S. defense spending for healthy earnings growth for defense companies. With no major military drawdown on the horizon, i see low risk of defense spending cuts over the next five years.
It will take at least another year for demand for commercial aircraft to return to pre-pandemic levels. In my view, the slowdown in demand will likely extend into 2022. The pandemic has inevitably devastated sub-industry airline customers, with passenger numbers still 25% below pre-pandemic levels at the end of May 2021. I believe Boeing is well positioned to benefit from healthy demand in the defense, space and security segment, while commercial airplanes and global services will benefit from a gradual recovery as Covid-19 vaccinations increase and the economy reopens.
- Short-Term : Bullish as the chart can show but just a special attention and a thing to keep in mind with the huricanes season who maybe can impact the aerospace industry in a short term view but by the way maybe will permits to take a well position
BaCould be descending traingle. Only 1 tape at lower support so far. Could be headed down to tap once or twice more. Breakout should come by dexember 22nd if this plays out bullishly
Lower support 192. Breakout target 300$
BA Should Move Higher Here Boeing just reported its first profitable quarter in 6 quarters, we should continue to see Boeing report profitable quarters given the emergence of air travel that has taken place over the past couple months. Also, if your an investor that is worried about a slow bounce back in travel due to the delta variant, you should take comfort in the fact that 40% of boeing's revenue its defense business which has held strong during the entire pandemic.On Friday after the market was closed Boeing was awarded a $487m contract from the US Army for Apache AH-64 engineering services and technical support.
BA trend reversalBA is in a bullish flag formation. Maybe not today but tomorrow or the next if it would to pass 223 It could be a good long. The bollinger bands still need to tighten and the RSI needs to be stronger.
Trading Plan on Boeing, 101 explanation.Hello guys! today we will analyze BA. We are planning on developing a setup here, and we want to explain the full idea.
The first thing we should see is the big picture: We have a broken descending trendline with a massive corrective pattern on the edge of it. If you check the logarithmic chart on the weekly timeframe, you can see that this situation has happened a lot of times in the past
Based on the research we made, one of the ways of trade this situation is waiting for the breakout of the big correction on the edge of the descending trendline and look for a smaller correction to trade. This provides us with a big risk-reward ratio that also allows us to fail many times until we hit the correct setup. Based on historical data, this setup has a success rate of around 55% and an average risk-reward ratio above 3, which is something PHENOMENAL!
The target we will be using is the higher part of the expanding channel.
What happens if the setup nothing happens? Beautiful answer for that: You don't trade
What happens if the price executes the setup and then it goes straight to the stop loss area? Another beautiful answer for that: you lose 1%, no one has died because of that.
Thanks for reading, guys! If you have any doubt about this or any vision you want to share, just write it in the comment box. Have a good one.
BA - Are we in an uptrend? Our algo trading software found BA as a current opportunity. Let's see what happens
Found as an opportunity at traders-paradise.com
