"Boeing has said it still does not know how the crisis over the safety of its 737 Max jets will affect its profits." - This shouldn't be a mystery, RSI is pulling back in the face of increasing prices. Run for your life. A culture of quality issues plaguing the business from a high level, silenced whistle blowers discredited, profit taking before safety making to keep pace with competitors see here: www.youtube.com/watch?v=H2tuKiiz... all of which do not equal the makings of a confident business.
www.bbc.com/news/business-48038026
In September of 2017 you could have bought into this trade at $130 a share and sold last month for almost $450. 3.5x return. What has this company done to justify an increase in value in the space of only 30 months? Perhaps they entered the rocket business? I'm scratching my head, perhaps someone can fill me in.
www.bbc.com/news/business-48038026
In September of 2017 you could have bought into this trade at $130 a share and sold last month for almost $450. 3.5x return. What has this company done to justify an increase in value in the space of only 30 months? Perhaps they entered the rocket business? I'm scratching my head, perhaps someone can fill me in.
Transaction en cours:
Transaction en cours:
Next time I'm flying anywhere... I'll let an Airbus aircraft take me.
"Boeing warns of potential wing faults in some 737 jets"
www.bbc.com/news/business-48503610
"Boeing warns of potential wing faults in some 737 jets"
www.bbc.com/news/business-48503610
Transaction en cours:
Are Airbus making headway whilst the competition stumbles?
Airbus wins $30bn of orders for 170 aircraft
www.bbc.com/news/business-50459731
RSI resistance trend line continues to hold. Symmetrical triangle is soon coming to an end, which way will it break? Up or Down? A break down seems more probable given the lower highs and continue RSI resistance. We need a trend change before this trade can be brought to a close.
If we break down, price falls to around $266
Airbus wins $30bn of orders for 170 aircraft
www.bbc.com/news/business-50459731
RSI resistance trend line continues to hold. Symmetrical triangle is soon coming to an end, which way will it break? Up or Down? A break down seems more probable given the lower highs and continue RSI resistance. We need a trend change before this trade can be brought to a close.
If we break down, price falls to around $266
Transaction en cours:
Descending triangle confirmed. Now in free fall to $175? Almost a 60% since April is so. Ouch.
Boeing to temporarily halt 737 Max production in January
www.bbc.com/news/business-50817124
Boeing to temporarily halt 737 Max production in January
www.bbc.com/news/business-50817124
Transaction en cours:
We're picking up speed now... Expecting a free fall to $240 but would still maintain the bottom shall not be seen until $180. Afterwards we'll need to wait for new structure to take shape.
Transaction en cours:
The 200-week moving average fails to hold, unless we have a mega bounce in the hours remaining until the market closes.. understand how bad this is... 2-3 years bad. That's how long it took for this stock to get back above the 200-week moving average every time it broke it since 1988.
Commentaire:
-18% in the worst one-day decline since 1974.
We should expect a bounce around current price levels. However I still expect the downward trend to remain intact until $120
We should expect a bounce around current price levels. However I still expect the downward trend to remain intact until $120
Trade fermée: cible de profit atteinte:
As capitulation enters the despair phase of the market cycle price action should float around $120 for a considerable time to allow for consolidation. Don't expect any positive price action until Spring 2021 - assuming Boeing is still around by then!
Commentaire:
Good grief! Not even their aircraft crashed that quickly.
Commentaire:
If you bought the dip, now is the moment to take the profits, price action is overbought.
Commentaire:
Be very careful, < $100 price action could be next should this bearish rising wedge confirm a breakout to the downside.
Transaction en cours:
$50 price action look probable on the monthly
Commentaire:
Down 30% since last update, another -50% to go
Transaction en cours:
Down 60% so far. A long way still to go until the $75 target as projected by the bear flag breakout.
Transaction en cours:
Currently down around 50% from publishing. Price action is about to drop another 50% following negative divergence confirmation.
2-week
2-week
Commentaire:
What came first the chart or the news?
“FAA grounds 171 Boeing planes after mid-air blowout on Alaska Airlines jet”
“They said there was a kid in that row who had his shirt sucked off him and out of the plane and his mother was holding onto him to make sure he didn't go with it."
source: www.bbc.com/news/wor...d-us-canada-67903655
On the TA price action confirms rejection from the second bear flag. Is another 60-70% correction about to print?
Quality issues have plagued Boeing ever since its management pursued profits for shareholders rather than safety for passengers.
If recent events confirm a quality issue with the aircraft type in question, expect a collapse in price action.
Ww
10-day chart
“FAA grounds 171 Boeing planes after mid-air blowout on Alaska Airlines jet”
“They said there was a kid in that row who had his shirt sucked off him and out of the plane and his mother was holding onto him to make sure he didn't go with it."
source: www.bbc.com/news/wor...d-us-canada-67903655
On the TA price action confirms rejection from the second bear flag. Is another 60-70% correction about to print?
Quality issues have plagued Boeing ever since its management pursued profits for shareholders rather than safety for passengers.
If recent events confirm a quality issue with the aircraft type in question, expect a collapse in price action.
Ww
10-day chart
Commentaire:
I imagine the Boeing board room with the civil aviation authority is something alone the lines of..
replace Front with Door and you're sorted.
www.youtube.com/watch?v=3m5qxZm_...
replace Front with Door and you're sorted.
www.youtube.com/watch?v=3m5qxZm_...
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
"According to preliminary information, the plane crashed as a result of an engine failure for technical reasons. Currently, the version of a terrorist attack is ruled out,"