Professional Analysis of Boeing (BA) Stock – Daily Timeframe
On the daily chart, Boeing (BA) has entered a descending channel after a strong rally from the $175 lows up to around $240 highs.
Bullish Scenario:
The price is currently around $215, near the channel’s lower boundary.
If this support holds and the stock reclaims the 50-day moving average (yellow line around $220), a rebound toward the channel’s upper boundary at $228 – $230 is likely.
A confirmed breakout above the channel could open the way toward $240.
Bearish Scenario:
If the $215 – $210 support zone breaks, the stock could slide down to the channel floor around $200 – $198.
A deeper breakdown below that may trigger further downside toward $185.
Conclusion:
Boeing is in a corrective channel. The $210 – $215 zone is a decisive level:
Holding it = potential rebound and short-term upside.
Breaking it = further weakness and extended downside risk.
Bullish Scenario:
The price is currently around $215, near the channel’s lower boundary.
If this support holds and the stock reclaims the 50-day moving average (yellow line around $220), a rebound toward the channel’s upper boundary at $228 – $230 is likely.
A confirmed breakout above the channel could open the way toward $240.
Bearish Scenario:
If the $215 – $210 support zone breaks, the stock could slide down to the channel floor around $200 – $198.
A deeper breakdown below that may trigger further downside toward $185.
Conclusion:
Boeing is in a corrective channel. The $210 – $215 zone is a decisive level:
Holding it = potential rebound and short-term upside.
Breaking it = further weakness and extended downside risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.