27 October 2016
Technical Analysis
TA can only project a possible price level. Remember, the key word is POSSIBLE. As how and when, it will all depending on the event. In this example here, we see the sentiment, drive the momentum so the price hit the target.
The following is extract from Bloomberg report, you can read the story from the link here, Boeing Vows to Enhance Cash Bounty Even If 777 Output Gets Cut.
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“The fact that stock has been basically flat for almost three years tells you it is absolutely a ‘show-me’ story,” Charlie Smith, chief investment officer with Fort Pitt Capital Group, said in an interview Wednesday. There’s upside for investors if Boeing can run its factories efficiently enough to “reach the cash flows that allow this stock to break from trading with orders.”
The shares climbed 5 percent to $145.97 at 3:31 p.m. in New York, the biggest intraday gain since January 2015.
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BA Boeing Company Daily and MACD
Gartley ABCD chart pattern and MACD.
October 26, 2016 Boeing Company Daily and MACD
BA Boeing Company Daily and 21 EMA Wave
21 is a Fibonacci Sequence Number, 21 EMA Wave is a special moving average, instead of using one MA. We use three MA, a band. It provides even a greater visual aid then one.
We see the price response to
26 October 2016 Boeing Company Daily and 21 EMA Wave
BA Boeing Company Daily and Gartley ABCD Chart Pattern
26 October 2016 Boeing Company Daily and Gartley ABCD Chart Pattern
BA Boeing Company Weekly Data From 2012
October 26, 2016 Boeing Company Weekly – Data From 2012
Moses US Stock Desk
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