Weakness in terms of IntradaySeeing weakness in trend resistance 229 support 220 if broken 210-205 cam be seen.
please analyze before any trade.
Boeing
SHOPIFY KEY LEVELS SUPPORT AND RESISTANCE 04/06/2020Key Levels for SHOPIFY INC NYSE for INTRADAY TRADING are :
Upper Breakout~363.50
First Target~370.30
Interim Resistance~378
Final Resistance~384.80
**Lower Levels**
Lower Breakout~351.55
First Target~345.60
Interim Support~339.60
Final Support~334.80
Please trade with caution and consult your financial adviser before trading.
BA (BOEING) daily analysis.Boeing Daily Analysis:
On the daily chart an "Inverted head & shoulder pattern can be seen as well cup and handle.
Weekly breakout took place in boeing above 365 na d 370 levels.
If we see the same on the daily charts, Immediate supports are the 2 two broken green lines
@ 370.48 and 375.86 respectively, whereas the immediate resistence(blue broken lines) are 382.14 and 385.30
Once this stock is stable above 385 we can see targets of 400+
One can long in this counter with a stop of 361.10
A major breakout is expected to happen above 385 in this counter.
Boeing cautious view for the next week!!!Yellow box: M formation is done. The last candle is a spinning top which indicates indecision in this counter. A break below 340 pinpoint may show us 330 levels. Another support is there at 324 where consolidation can be seen. If any bad news in BA other downside levels will open. This is my cautious view for the coming week.
BOEING - Investment OpportunityBoeing had a sharp decline after the recent plane crash but here it may find support.
Accumulate around 370 380 levels and wait for fresh highs for next 2 years.
Targets can be 410 422
twitteri see the stock shall see levels of 20 $ in couple of days , .. its very weak as per charts .
BOEING MONTHLYBoeing opened a case against Bombardier at the Commerce Department's International Trade Commission in April accusing the company of dumping its C Series passenger jets into the U.S. market at "absurdly low prices." Canadian Prime Minister Justin Trudeau countered this claim by renewing his threat to scrap a potential deal to buy fighter jets from Boeing. However Boeing prices seem to be undisturbed as there does not seem to be any impact. Higher timeframe charts indicate that the prices are nearing some strong resistances around 263 levels in the next few days. The other signals flashed from the ADX and DI indicators on higher timeframe charts does indicate that the trends are getting stretched and those holding long position should start booking profits.
