$BA Is Boeing Breaking Out?

Nov 6, 2021

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.

Nov 6, 2021

Note

News:
Boeing to Debut 777X, Spotlight Defense and Global Services and Highlight Sustainability, Technology and Partnerships at 2021 Dubai Airshow
- Boeing ecoDemonstrator 737-9, Etihad Airways 787-10 Dreamliner and flydubai 737 MAX 9 on display at global aerospace event
- Boeing defense platforms include KC-46A Pegasus, P-8 Poseidon and MV-22 Osprey

Nov 6, 2021

Note

Additional News:
Boeing Uncrewed Teaming Aircraft Advances Flight Testing
boeing.mediaroom.com/news-releases-statements?item=130957

Link for airshow on above news:
boeing.mediaroom.com/2021-11-03-Boeing-to-Debut-777X,-Spotlight-Defense-and-Global-Services-and-Highlight-Sustainability,-Technology-and-Partnerships-at-2021-Dubai-Airshow

Nov 8, 2021

Trade active

1/4 position started. Entry price $224.76, entry time 11:13 AM Eastern my stop will be a close below the 20 EMA. I'll look to add on either a pullback that does not violate my stop or a close over the 200 DMA

Nov 15, 2021

Note

Added small to this position to bring up to a 1/3 size @ 229.73. I'll be looking to build this position out over the coming days / weeks depending on how it performs. I'm hoping to be able to build into a longer term trade. Months not days or weeks. All TBD.

Nov 16, 2021

Trade closed manually

I did not like the big reversal candle today so I closed the position for a super small gain. BA will remain on my watch list for a new set-up.