Long Run on Boeing BA

已更新
Looks like BA has reached potential support.

Looking for signs of bottom to go long on the 15 min chart and for the 100ema to cross under the 200 on the 4 hour into daily chart to present possible price reversal.

Looking for entry around $200 - 190.

Take profit around $300



Technical Analysis:

Positives:

1. In line with post Covid trendlines.

2. RSI below 30

3. OBV shows slowing of selling

4. MACD around neutral

Negatives:

N/A


Fundamental Analysis:

Positives:

1. New drone project expected to raise billions

2. Large United Airline order (200 -737 max)

3. travel increasing as Covid restrictions lift

4. China approval of the MAX will likely happen in the second half of the year.


Negatives:

1. Airbus taking market share

2. Chip shortage slowing production and creating backlog

3. declining sales trend for planes

4. China trade relations are a mess


* Not trade or investment advice, trade at your own risk.
注释
Watching for potential double bottom forming on the 15 min.
注释
En Fuego! ;)
airlinesBAboeingChart PatternsDOWfundamental-analysisTechnical IndicatorsplanestechnicalTechnical AnalysisTrend Analysis

更多:

免责声明