The Boeing Company BA

Here is my theory we will see 168 tomorrow on another tech pump. $TSLA will reach 500B market cap and then sell off back to 470$ during the day. $ BA will then go back to 170-172$

BA and others wont move anywhere. Summer is ending and so is vacation time. Flights will decrease again. Airlines have super hard months ahead with just 30-50% capacity.

This also will not change dramatically once we have a vaccine because the world is now different. Less business travels, international restrictions make an additional whole into Airlince bslance sheet. By end of 2021 we probably just have 60-70% of previously journeys

Thats not suprising. People will use Zoom and others more in the future instead of traveling. The whole business travel sector will probably never be the same again

Door is open to 163$

Dream on for what reason should this move past 200$ next month?
The next 6 months are the toughest to come for the whole aviation industry

$AA cuts October flying capacity by 55%

Man all those airplanes grounded. There is simply an over capacity of hundreds of airplanes. Companies need to merge otherwise they will go bankrupt and use this situation to have the most efficient aircrafts in their fleet

Otherwise they wont survive this

Needs to break 173,39$

Sell sell sell

TSA numvers are stagnated
Europe limits travel.

To be realistic i think BA is not moving anywhere past 190$ before Februar / March 2021

There might be even another hit to 140-155$ range because their business wont be good for the next 12 months.

More airline bankruptcies just down the road. The industry can just survive by this and merging resources

Poised to retest 155$ for double bottom