Boing (BA) Earnings Prediction and Technical Analysis

Based on recent trends and historical data, there's a balanced outlook for Boeing's upcoming earnings report.

Revenue has seen a slight decrease on average, but EPS has shown minor improvements. With Boeing beating earnings estimates in about 57% of the last seven quarters, there's a moderate chance of positive earnings.


**Technical Analysis:**
- **Resistance Levels:** $200.32 and $215.55
- **Support Levels:** $171.43
- **Indicators:** Bullish MACD crossover, trading near the upper Bollinger Band indicating potential overbought conditions but a bullish trend.

- **Chart Patterns:** Bullish flag pattern and consolidation phase within a blue channel suggest potential upward movement if resistance levels are breached.

Overall, expect a cautious but slightly optimistic earnings report, with technical indicators supporting a potential bullish breakout.

Dr SAUD