Boeing Company (The)
เพิ่มขึ้น

Bullish sign on BA after months of downside

ที่อัปเดต:
My first published potential play so please provide any feedback, advice or insight that may help. I've been trading on and off for about 5 years and I feel like I'm still just scratching the surface... But anyway, lets dive in!!
- Currently Looking to make a play on BA. Noticed BA is forming a Double Bottom pattern on the monthly and weekly chart. I'll keep this short and sweet; these are the key points as to why this trade looks strong:

- BA starting to form higher highs and higher lows on Daily from the point of origin (Fri Nov 15th 2024)
- BA is sitting at a major discount from trading at levels of (440-320) for a good portion of two years from JAN 2018 to JAN of 2020 (for good reason) due to a slew of poor numbers, covid, employee strikes and major product deficiencies (A Buy the dip opportunity looms)
- double bottom chart pattern (W, M, D)
- bullish pin bar off 140 support on Monthly
- Key psychological resistance at 200 LVL and previous choppy channel from JAN23- July23, if we break that BA is going to moon to the neckline, if neck line breaks could see price go as high as $320 major resistance
- LTB $200-205 C EXP 21MAR25, 1-3 entries on Monday 02 DEC 24
-1st Target $200-220 channel from previous months, trim at 1st target, leave runner to the neckline
-re-enter long for neckline break to about 265ish- 320ish
- Good R:R , set a stop loss at around the 137 level, if you have the capital I would buy a one year out if not more. this is a LONG term play but will be looking to secure profits along the way
บันทึก
Currently smacking off 160 Resistance, tested 3-4 times in the last 2 days or so. Well see if we can push past it on Fridays session if not early next week, I expect a break of $160 with rising volume and a session close above $160 with a retest in the following sessions. But its BA so BA is doing BA things lol
การซื้อขายยังคงดำเนินอยู่
BA looking strong today, making a push to the $160 resistance level. was not expecting this big of a move in one day to potentially retest. We shall see!
บันทึก
looking to close above $160 today or sometime this week
บันทึก
BA Looking strong this AM, lets see if we can hold this move and close above $160 for today!!
บันทึก
Were rippin today boys!! $$$
บันทึก
up about 70% since entering on 02DEC24
บันทึก
Went up about 140% on Monday, so i decided to trim one of my contracts. I have one left, gonna let that run until we hit our target of 200. From there given context I will get back in for the neckline break. This trade is hitting even sooner than i thought. Dont leave profits on the table boys.
บันทึก
QUESTION.... Does anyone think a 200 point move to $380 per share is WAY too ambitious by DEC 25?
ปิดการเทรด ด้วยตนเอง
i manually stopped out because i was witnessing all my green to go red. Im fully out but will be looking to re-enter on the neckline break
Chart PatternsTechnical IndicatorsTrend Analysis

คำจำกัดสิทธิ์ความรับผิดชอบ