BA Elliott Wave Analysis Trading Lounge

The Boeing Company, (BA) Daily Chart

BA Elliott Wave Technical Analysis

FUNCTION: Counter Trend

MODE: Corrective

STRUCTURE: Triangle

POSITION: Wave (A) of E

DIRECTION: Upside in wave C of (A).

DETAILS: We are looking for upside into wave C of (A), which could also turn out to be wave (C) of E instead, hence one degree higher. Looking for upside potentially towards Trading Level 2 t 200$ as upside target.

The Boeing Company, (BA) 1H Chart

BA Elliott Wave Technical Analysis

FUNCTION: Counter Trend

MODE: Corrective

STRUCTURE: Triangle

POSITION: Wave B of (A).

DIRECTION: Upside in wave C.

DETAILS: Looking for upside into wave C as we seem to have completed the triangle in wave B. Increasing volume on the bottom of B seems to be suggesting the low is in place. Looking for 200$ as minimum upside target.

This Elliott Wave analysis of The Boeing Company, (BA) outlines both the daily and 1-hour chart structures, highlighting the current trends and possible future price movements.

* BA Elliott Wave Technical Analysis – Daily Chart*

The Boeing Company (BA) appears to be in a corrective triangle pattern, currently unfolding in wave (A) of E. We expect upside momentum into wave C of (A), with a potential alternative scenario suggesting that this could be wave (C) of E, one degree higher. The key upside target lies near the TradingLevel2 at $200. Traders should watch for further strength as the stock approaches this target, as it could signal either the completion of wave (A) or indicate a more extended upward correction.

* BA Elliott Wave Technical Analysis – 1H Chart*

On the 1-hour chart, BA seems to have completed a triangle formation in wave B of (A), with the current wave C expected to push higher. Increasing volume at the bottom of wave B suggests that a low may already be in place. A continued breakout and rise toward the $200 target could confirm the completion of wave C, with further upside momentum likely. Monitoring key levels and volume will be important to confirm this corrective wave pattern.

Technical Analyst : Alessio Barretta

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