Post
Bearish
ba
BA
Stocks
--
+2.27%
‌
Boeing is showing a strong short-term recovery, trading at 175.42 (+2.27%) after bouncing decisively from recent lows. The price has successfully reclaimed the 1-hour moving averages (MA5, MA10, MA30), signaling a shift to bullish momentum in the immediate term. MACD is positive and diverging upward, confirming buying pressure.

Key Level to watch .

· Support: 171.50 - 172.78 (Moving average cluster & recent consolidation).
· Resistance: 177.36 (Daily High) and 179.21 (Previous breakdown level).
· Major Floor: 165.31 (The recent swing low).

The 1-hour chart reveals a distinct "V-shaped" recovery. After a steep sell-off, the price formed a base at 165.31 and has been printing higher lows. The recent green candles are aggressive, breaking through the MA30 (yellow line) which previously acted as resistance. However, the price is currently pausing near 175.42, creating small doji-like candles, indicating indecision or a brief consolidation before the next move.

PIVOT ZONE.

· Bullish: If BA holds above the MA10 (approx. 174.50) and breaks the 177.36 high, it will likely test the 179-180 liquidity zone.
· Bearish: If the price rejects here and loses the MA30 support (171.55), it could retrace back down to fill the gap towards 168.

My Prediction
Short-term Bullish. The momentum indicators (MACD) and price action suggest the sellers are exhausted. I expect a consolidation between 174-177 before an attempted breakout toward 180.

My Trade Plan

· Entry: On a pullback to 174.00 - 174.50 (re-testing MA10 support).
· Stop Loss: 171.00 (Below the MA30 and recent support).
· Take Profit 1: 177.50 (Recent high).
· Take Profit 2: 180.00 (Psychological resistance).

Final call.

Boeing has established a short-term bottom at 165.31 and is currently in a bullish reversal phase. Watch for a hold above 174 to confirm a run toward 180. A break below 171 invalidates this setup.
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
BABA+2.27%

  • 3

Add a comment
Add a comment

Comment
AirdropAscetic
24 minutes ago
If it drops below 171, get out immediately. Don’t fight the trend
0View Original
Sanjeev
an hour ago
Can BTC reclaim $80K? 🤔
0
Sanjeev
an hour ago
Keep us posted 🍿
0
Sanjeev
an hour ago
Interesting angle 💡
0
Sanjeev
an hour ago
Can BTC reclaim $80K? 🤔
0
Gwarxo_001
2 hours ago
Keep us posted 🍿
0
Gwarxo_001
2 hours ago
Can BTC reclaim $80K? 🤔
0
PhishingMailDetector
2 hours ago
I bought the dip at 165.31 and am holding with unrealized gains, watching for 180
0View Original
ShitcoinSamurai
2 hours ago
A lot of people are trapped around 179.21; breaking through will require a surge in volume
0View Original
OnChainSherlock
2 hours ago
This V-shaped reversal was impressive, with a bottom at 165 now in place
0View Original
View More