BA - big move in the makingBA is now having 5 week tight price action.
Heavy volume weighed area here. 196s gap is yet to be filled.
Once the gap is filled and does a dead cat, if it turns down again? 182s coming in no time imo
BA trade ideas
BA long positionHi traders
We can see that the price retested support multiple time. It seems the price will retest the price again and we are excepting that the support will hold and we will get the price reversal to the upsite.
We can observe the regular bullish diversions which comfirms our bullish bias.
Entry, targets and stop loss are shown on the chart.
Boeing Faces Yet Another Setback737 Max Fuselage Issues Cast a Shadow on Production
In a recent development, aerospace giant Boeing (NYSE: NYSE:BA ) has encountered a fresh hurdle in the form of misdrilled holes on approximately 50 undelivered 737 Max jets, raising concerns about potential delays in deliveries. The setback, discovered by a supplier's employee, has prompted Boeing ( NYSE:BA )to initiate rework measures, shedding light on ongoing challenges in the production process. While Boeing refrained from disclosing the supplier responsible, industry sources point to Spirit Aerosystems (SPR), the provider of the affected fuselages.
Drawback
This incident comes on the heels of a mid-air scare on January 5, where a section of a 737 Max 9 fuselage detached during an Alaska Airlines (AAL) flight. The ensuing investigation and subsequent grounding of the 737 Max 9 by the Federal Aviation Administration (FAA) not only disrupted operations but also cast a spotlight on Boeing's ( NYSE:BA ) production quality. In response, the aerospace giant has intensified its efforts to address and rectify potential issues.
The Fuselage Problem:
The misdrilled holes on the 737 Max jets represent a critical lapse in the manufacturing process, as even seemingly minor deviations can impact the structural integrity and safety of the aircraft. Boeing's ( NYSE:BA ) acknowledgment of the issue underscores the gravity of the situation and raises questions about the effectiveness of existing quality control measures.
Supplier Involvement:
With Spirit Aerosystems identified as the supplier of the fuselages in question, attention is now turning to the relationship between Boeing and its key suppliers. This incident could potentially strain these partnerships, as both Boeing ( NYSE:BA ) and Spirit Aerosystems may face heightened scrutiny and pressure to ensure stringent quality checks in their collaboration.
Impact on Deliveries:
As Boeing ( NYSE:BA ) addresses the fuselage problems, concerns linger about potential delays in the delivery schedule for the 737 Max jets. The aerospace industry is already grappling with supply chain challenges and heightened scrutiny from aviation authorities. Any further disruptions to production and delivery timelines could have cascading effects on airlines relying on the timely integration of new aircraft into their fleets.
Regulatory Oversight:
In response to recent incidents, the FAA has heightened its production oversight, signaling a more proactive stance in ensuring the safety and compliance of Boeing's aircraft. This increased scrutiny adds an additional layer of pressure on Boeing ( NYSE:BA ), necessitating a comprehensive review of its production processes and quality control protocols.
Conclusion:
Boeing's ( NYSE:BA ) latest setback with misdrilled holes on 737 Max fuselages amplifies existing concerns about the company's production quality and its ability to navigate challenges in a demanding aerospace industry. As the aerospace giant works to address these issues, industry stakeholders, investors, and aviation enthusiasts alike will be closely monitoring developments, hoping for a swift resolution to ensure the continued safety and reliability of Boeing's aircraft.
BA: Week of Jan 29th BA took a tumble on some bad news, but it looks like its almost ready to rebound here.
Bigger picture:
Watch the threshold breaks here, just in case the selling isn't done, from the chart it looks like the selling is pretty much done, but BA can be a tricky one, so it is important to watch for confirmation.
And those are pretty much my thoughts on BA!
I will be looking to re-enter long on Monday provided we hold the threshold or breakout.
Safe trades everyone!
Boeing Faces Battle as 737 Max Concerns Halt 2024 Guidance
Boeing ( NYSE:BA ), one of the world's leading aircraft manufacturers, has navigated a turbulent fourth quarter marked by a narrower-than-expected loss and a subsequent surge in stock value. However, the company now faces fresh challenges as it suspends forward guidance for 2024 amid safety concerns following a mid-flight incident involving a Boeing 737 Max 9 aircraft. In the aftermath, Boeing's CEO, Dave Calhoun, emphasizes a renewed commitment to quality control and customer support.
Mixed Fortunes in Q4 2023
Boeing ( NYSE:BA ) reported a smaller loss than anticipated for the fourth quarter of 2023. Despite the challenging aviation landscape, the company's revenue of $22.02 billion exceeded analyst expectations. The net loss of $30 million represents a marked improvement compared to the $663 million loss reported for the same period in the previous year. Earnings per share also demonstrated progress, narrowing from a loss of $1.75 to 47 cents per share.
Suspension of Forward Guidance
Despite the positive financial report, Boeing has decided to suspend its forward guidance for the year 2024. The decision comes on the heels of a mid-flight incident involving a Boeing 737 Max 9, raising safety concerns and prompting a cooperative investigation with the Federal Aviation Administration (FAA). The move indicates the seriousness of the situation and reflects Boeing's ( NYSE:BA ) commitment to addressing potential issues before providing investors with future projections.
Production Adjustments and Quality Control Focus
In light of ongoing safety concerns, Boeing ( NYSE:BA ) has announced production adjustments to its flagship 737 MAX and 787 Dreamliner models. The company plans to cap 737 MAX production at 38 planes per month until the FAA completes its quality checks. Simultaneously, Boeing ( NYSE:BA ) will maintain a production rate of five 787 Dreamliners per month, with an eventual increase to 10 per month.
Boeing's CEO, Dave Calhoun, emphasized a company-wide commitment to improving quality control. In a message to employees, Calhoun stated, "We will simply focus on every next airplane while doing everything possible to support our customers, follow the lead of our regulator, and ensure the highest standard of safety and quality in all that we do."
Stock Market Response
Boeing's ( NYSE:BA ) stock witnessed a brief surge, rising over 3% in early trading following the Q4 earnings report. However, the stock has experienced a notable downturn, losing more than 17% of its value over the past month. The market's response indicates investor caution as the company grapples with safety concerns and the suspension of forward guidance.
Conclusion
Boeing's ( NYSE:BA ) recent financial performance reflects a mixed picture of resilience amid adversity. While the fourth-quarter results show improvement, the suspension of 2024 guidance underscores the gravity of the safety concerns surrounding the 737 Max series. Boeing's commitment to quality control and cooperation with regulatory authorities will undoubtedly shape its path forward. As the aviation giant faces a challenging period, stakeholders eagerly await developments and the company's strategic responses to ensure a safe and prosperous future.
$BA $195 incoming? Seems to be repeating itself as do most stocks. Tried to simplify it as much as I could for those that can pick up what I'm putting down. Gaps seem to show strong resistance at the moment so I will wait for BA to make an attempt at the $210 gap above before entering 2/9 $210 and $200 puts for a confident swing to lows, take profit, and perhaps roll them after another test of the 20EMA. Thats the plan.
New prospects for Boeing. Stock idea 30/01/2024After inspecting the Boeing 737 MAX 9, Alaska Airlines has announced the resumption of flights on this aircraft. Previously, challenges have repeatedly surfaced with this model. However, with the proven reliability of Boeing's planes and no claims against the issuer, further revenue growth and business recovery opportunities may now be opening up for Boeing, especially in the competitive landscape with Airbus.
So, today, we will examine the Boeing Co. (NYSE: BA) stock chart.
On the D1 timeframe, resistance has formed at 231.61, with support at 199.50. If quotes consolidate at the 223.23 level, the downward trend may come to an end.
On the H1 timeframe, a rebound from the 199.50 level could set a short-term target for a price increase at 223.20, while in the medium term, it could hover around 231.61.
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Boeing at the bottom of a very consistent parallel channel?This channel has been consistent for the last 1.5 years. From a technical analysis perspective, this may be a great buying opportunity.
Please use a stoploss.
thanks!
BA: Earnings Report Strategy and Conflict-Driven DemandBoeing (BA) is set for its earnings report release on Wednesday, presenting a strategic trading opportunity. My local forecast involves targeting the gap closure with options trading. Additionally, I plan to sell options as a way to capitalize on the increased volatility expected post-report. The current escalation in military conflicts globally could lead to heightened demand for military equipment, potentially benefiting Boeing's defense sector. This backdrop provides a unique angle for approaching BA's stock movement around the earnings report.
BA 192 to 214 range broken below will see 163BA should remain range bound between 192 to 214 range for some time now if we see more negative news on it and broken dissuasively we will see target1 178 target 2 163 and target target 3 121 however I would add lots at or near this price for a longer term investment. uptrend only possible above 120.
BA The Boeing Company Options Ahead of EarningsIf you haven`t bought the dip on BA before the previous earnings:
Then analyzing the options chain and the chart patterns of BA The Boeing Company prior to the earnings report this week,
I would consider purchasing the 202.5usd strike price Puts with
an expiration date of 2024-2-16,
for a premium of approximately $5.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Boeing: Descent to $130Overview
Boeing ( NYSE:BA ) has had a rough several years due to the controversy surrounding its MAX series. Just recently, an incident occurred during a flight on the West Coast where a part of the fuselage blew off during an ascent and required a prompt emergency landing. Fortunately everyone onboard made it safely back to the airport. This follows years after the two fatal Boeing MAX crashes in 2018-2019.
Technical Analysis
This is a new one for me. The BA 1D chart doesn't reveal any obvious patterns and, if anything, was in the process of forming an ascending triangle which is bullish. In light of the breaking news I am fairly confident that the ascending triangle will become invalid then transform into a months long descending triangle.
Utilizing Fibonacci retracement levels, I am expecting decent support around $130. Of course there will always be plenty of opportunity for scalping in-between now and then as the current share price is sitting around $249.
Fundamental Analysis
I will assess the balance sheet and provide a fundamental analysis sometime this weekend. However, I don't believe even a good balance sheet will alleviate the coming selling pressure. The markets are reactive to news and a healthy balance sheet would only mean certain recovery at a later time.
Boeing (BA) Investment: Navigating Opportunities and TrendsBoeing, the renowned American multinational, is a true pioneer in aviation, crafting airplanes, rotorcraft, rockets, satellites, telecom gear, and missiles worldwide. Established by William Boeing in 1916, it proudly calls Chicago, Illinois, its home.
With a colossal presence in the commercial aviation, defense, and space sectors, BA stands as one of the globe's aerospace giants. While its stock price has seen its share of turbulence, it has charted a steady upward course. As of September 14, 2023, BA trades at approximately $208.8 per share, commanding a market capitalization of around $120 billion.
BA's stock is currently charting its course around the $208 mark, signaling a bullish trajectory that could lead to an upswing. Yet, it's crucial to remember that the stock market dances to its own rhythm, and past performance offers no guarantees for the future.
Aerospace enthusiasts and investors alike should remain vigilant, as several key factors could influence BA's stock price in the near term:
• The financial performance, encompassing revenue growth, profitability, and cash flow generation.
• The ever-evolving global economic landscape.
• The dynamic demand for commercial aircraft.
• The competitive arena where BA navigates.
• And the potential game-changing news events that could impact the aerospace realm.
Suggested option: ( high risk!!! )
Call 250 19 January 2024 price now (2.60) , the fair value of this option is $3.25.
It is important to note that the fair value of an option is just an estimate, and the actual price of the option may be different. The actual price of the option will depend on a variety of factors, including the supply and demand for the option, the market's perception of the underlying stock, and the overall market conditions.
In this soaring journey, prudent investors must weigh all these factors diligently before making their investment decisions. The skies may be promising, but the winds of change are ever-shifting.
A New Year Special - 1hour Free Zoom SessionHello All,
I will be holding a short, 1 hour sharing with Zack, a feng shui master , where we will be sharing on the mentioned in the flyer above.
I will be covering some important things to take note of for your trading and sharing how I look for trades etc!
Zack will be sharing his view on the outlook of the world in 2024 and some discussions on Zodiacs!
Hope to have a Huat huat year ahead!
Date: 31 Jan 2024
Time: 730pm SG time (GMT +8)
Venue: Zoom
If you are keen ,do sign up using the link below!
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An email for the Zoom session will be sent to you.
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Is Boeing a buy before earnings? LONGThis is a daily Boeing chart with the idea on the chart in the text. There may be a good entry
before earnings using a stop loss under the POC line and an ultimate target of the projected
trendline resistance at $280-$300 if all goes well fundamentally with an FAA investigation
and its sequelae. A megaphone pattern demonstrates increasing volatility in price action which
is something some traders take to the bank. My analysis is that this may be a safe swing trade
until the report of the 24Q2 earnings in about 100 days.
HOW-TO: Use the Autoreg Trend Cloud IndicatorHello!
This is a tutorial video on using the Autoregression Trend Cloud indicator, a premium indicator released some days ago.
I go over
a) How it works;
b) Tailoring the settings;
c) Using it to trade;
d) Basic trading strategy using the indicator.
For more details, check the indicator's description and explanation on the indicator's page.
You can access it at the link below.
Feel free to leave your comments and questions here or on the indicator page itself.
Thanks for watching and as always, safe trades!
Akasa Air's Ambitious Boeing Order Positions India for GrowthIndia's emerging airline, Akasa Air, has placed a historic order for 150 Boeing 737 MAX planes, signaling a significant leap forward in the country's aviation sector. The CEO of Akasa Air, Vinay Dube, announced the purchase of 737 MAX 10 and 737 MAX 8-200 jets, emphasizing the company's commitment to becoming one of the top 30 leading airlines globally.
This move is a significant boost for Boeing ( NYSE:BA ), especially amid the recent global scrutiny surrounding its 737 MAX 9 jet after a panel incident on an Alaska Airlines flight. Akasa Air's strategic decision to exclude the MAX 9 from its order demonstrates a cautious approach, aligning with India's aviation regulator's recent affirmation of the satisfactory completion of checks on the 737 8 MAX aircraft.
The order is not only a testament to Akasa's confidence in Boeing ( NYSE:BA ) but also highlights India's emergence as a major player in the aviation market. Civil Aviation Minister Jyotiraditya Scindia praised the landmark order, celebrating Akasa Air as the first Indian airline to achieve a firm order book of over 200 aircraft within just 17 months of operations.
India, now the third-largest buyer of planes globally, is experiencing remarkable growth in its civil aviation sector. Speaking at the "Wings India" aviation conference, Minister Scindia expressed optimism about India's aviation trajectory, emphasizing its role as a key driver of economic development, social progress, tourism, trade, and job creation.
Prime Minister Narendra Modi's ambitious goal of constructing 80 airports by 2025 aligns with the surging demand for air travel in the country. With the aviation market becoming fiercely competitive, global aerospace giants are actively pursuing opportunities in India, given its status as the world's fifth-largest economy and one of the fastest-growing air travel markets.
Akasa Air, translating to "sky" in Sanskrit, is positioning itself as an ultra-low-cost carrier, aiming to offer tickets at prices lower than its competitors. This unique market approach, coupled with its substantial Boeing order, reflects the airline's determination to capture a significant share of India's burgeoning middle-class travel market.
As India continues its upward trajectory in the aviation industry, the government's commitment to infrastructure development and the increasing demand for air travel are propelling the nation into a prominent position on the global aviation stage. Akasa Air's ambitious Boeing ( NYSE:BA ) order exemplifies India's resilience and potential for exponential growth in the civil aviation sector.
BACurrentlyBA in a downward trend, entry is at 199.00, stop loss is 203.00, and take profit is 177.00
BA further movementDownward Trend is confirming.
1. HA chart continuous down trends with no wicks upwards.
2. Parallel channel forming, more precisely Down- Flat-Down channel
3. Next support level 213, if closes below 213, expect 207 stop (based on 5 days awing.
4. Supply zone - 188
Good opportunity for selling calls OTM @230?
Please share your thoughts.
Bad news for 737 Max9 can take down priceI think recend bad new can take price down very quikly to reach trendline near 200$ very soon
$BA Boeing Gap Fill 50% RetracementNYSE:BA Boeing Gap Fill 50% Retracement on the weekly chart. In technical analysis, the term "Boeing Gap Fill" refers to a situation where the price of Boeing's stock retraces or fills a gap that occurred in the past on its weekly chart. Specifically, the focus here is on a 50% retracement.
A gap occurs when the price of an asset moves sharply up or down, creating a noticeable empty space or gap on the chart. In this context, the analysis is centered on Boeing's stock, and the goal is to observe how the price retraces approximately 50% of the previous gap movement on the weekly chart.
Traders and analysts often use retracement levels, such as 50%, as potential points of interest for market reversals or continuation of trends. The interpretation of a 50% retracement would suggest that half of the initial gap has been filled, and traders may assess this level for potential support or resistance.
Please note that specific technical analysis tools and indicators can be used to further analyze and confirm potential trading decisions based on the observed Boeing Gap Fill and 50% retracement on the weekly chart.
[BA] BOEING CO. BUY SETUPlooking for a rebound soon and recovery this year.
possible targets : 330$ , 425$
BOEING, CAN A 747 REACH THE MOON?meh, idk. probably not.
Something is weird with defense stocks.
I like the potential of the upside to see those gaps close.
There is support on the bottom side.
Gaps are closed on the bottom side.
Indicators are turning to favor bulls.
However, there may be some quick downside on these steep short term trends in red.
Green Triangle is likely a long term buy zone, with potential to hit as low as 145. However, I have no idea if that is before or after 300+
After that, if we break that support trend (thickest green), watch out for the movement to 92.
A movement like that would be similar to a covid drop and return.
Earnings is likely to flip price action.
Drop into earnings, and price targets hitting as support is a buy.
Pump into earnings without breaking out over rejection trends, and rejection targets is a sell.
Any feedback on the charts as far as simplicity to understand?
Do you prefer candles or the line? I use candles to TA, but I've found better feedback with the line chart, which I'm happy to keep doing.
Website update,
idk which direction I want to head with it.
