Boeing Company (The)Singkat
BA short
The downward trend line is still intact, it seems no catalyst that can lift the stock.
On the commercial airplane side,
- Delta reported a quarter that indicates the returning of travel. However, it is still far from pre-covid level ( ordering new aircraft)
- With another round of Covid lockdown in China and geopolitical risk, I highly doubt the Chinese will order more commercial fleet at the moment.
On the defense side,
- As one of the top military contractors, BA's peers (LMT, RTX, etc...) have outperformed BA stock.
- with the ongoing war between Ukraine and Russia, the EU has increased its defense budget dramatically, yet the news couldn't move BA stocks to a level that can break the downtrend.
In the short term, I think the down side risk is still greater than the up side reward.
168-169 is a level I might pick up some call options as a lottery play (wouldn't own shares since WS hate the stock so much)
BA
LMT
RTX
0KVV
On the commercial airplane side,
- Delta reported a quarter that indicates the returning of travel. However, it is still far from pre-covid level ( ordering new aircraft)
- With another round of Covid lockdown in China and geopolitical risk, I highly doubt the Chinese will order more commercial fleet at the moment.
On the defense side,
- As one of the top military contractors, BA's peers (LMT, RTX, etc...) have outperformed BA stock.
- with the ongoing war between Ukraine and Russia, the EU has increased its defense budget dramatically, yet the news couldn't move BA stocks to a level that can break the downtrend.
In the short term, I think the down side risk is still greater than the up side reward.
168-169 is a level I might pick up some call options as a lottery play (wouldn't own shares since WS hate the stock so much)
BALMTRTX0KVV
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.