Boeing Company (The)
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Crazy dv on #BA found footing in dropbox. $BA #Boeing

99
Originally posted on May 30:

Small dv in rsi (bb->ma (with tweak)). DM +- pulling to centre and adx at positive level (target zone tested x2 + a db).

Possible long from this point. Further confirm: Running further analysis, and checking fundamentals...

(This was posted ("not on TW") may 30. for a swing trade in a newly formed range based on a shorter timeframe. Will paste this picture below. But also when zooming out we are possible looking at a bigger move currently in the making)


Update: June 06. Boeing Starliner launches, taking NASA astronauts to ISS.

"The Boeing Starliner successfully launched from the Cape Canaveral Space Force Station in Florida. The Starliner is taking two NASA astronauts, Butch Wilmore and Suni Williams, to the International Space Station. The mission is expected to last about 10 days".

Eyes on the performance of Boeing in its upcoming earnings disclosure. The company is forecasted to report an EPS of -$0.82

While still wating for further confirmation I remain neutral on BA for now but with a good bullish outlook. (Would like to see a retest of the 114 level)
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May 30. Swing trade:

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I prev. said retest of the 114 LVL. That would be the absolute correction + liquidity. But we might just see a smaller pullback and a trend continuation from this point. I would first look for a break outside the range for a first indication of the dir.

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