Boeing Stock Analysis: Another Bullish Breakout Today for BA | Forexlive
BA Stock Analysis: A Series of Multi Timeframe Bullish Signals
Boeing (BA) is catching the eye of traders right now, and here’s why: it looks like it just had another bull flag breakout (on the hourly timeframe, today in premarket, Monday 09 June 2025).
But let’s take a step back and check the latest earings and what the stock did since the… After that gap-up following earnings back in April, BA has been grinding higher in a pretty clear ascending channel. Even though it is imperfect, it is still an upward channel since that earnings gap up.
BA gapped up and ascending in the purple (imperfect) channel
On the weekly, price broke out up, and surpassed the psychological $200 round number, that wasn’t breached since March 2024. BA is maintaining well above that price, after conquering it.
BA weekly broke out up on Week of 05 May 2025. Bullish!
This price action has formed what technicians call a bull flag pattern on the chart – essentially a period of consolidation after a strong move up, often seen as a pause before another leg higher.
In our series of bull flags, we now even have a breakout up on the hourly
BA is now breaking out up again, in premarket, 09 June 2025
The key long-term target is around $251.50, for the patient holders. For shorter term risk mitigation via partial profit taking, investors and traders can consider the recent high at $215.80, selling art of their Long position just below it.
On the flip side, the support level at $207.95 is the near term floor. This is where buyers have shown up to defend the price. As long as BA holds above this level, the bullish structure remains intact. Price action around these support and resistance levels gives traders clues about the market’s sentiment, and what it may want to do next, after engaging with those key price levels, which others are watching for further guidance.
Volume is another piece of the puzzle. Friday’s volume was a bit below the 30-day average, so we’d want to see volume pick up significantly on any breakout attempt. Higher volume on a move above $251.5 adds conviction to the breakout, showing strong buying interest. The recent news about a new Boeing plane landing in China for the first time since the tariff war (ICYMI: New Boeing plane landed in China for the first time since the tariff war started) could also be a fundamental catalyst supporting a move higher.
Series of bullish signs for Boeing Stock. Bulls in control.
Tips for New Traders Looking at This Boeing Stock Setup:
- Don’t chase the price if it’s already made a big move. Wait for confirmation.
- Now seems a legit place to enter or re-enter, and consider partial profit taking as stated above. At your own risk only.
- Understand that patterns can fail. Have a plan for what you’ll do if the price drops back below support.
- Avoid going all-in on one trade, and too big. Don’t be wild, don’t be greedy. Manage your risk.
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