Alaska Airlines ( NYSE:ALK ) faced a hiccup in its operations as flights were temporarily grounded due to an issue with the system responsible for calculating weight and balance. The incident, which affected both Alaska Airlines ( NYSE:ALK ) and its regional carrier Horizon Air, prompted swift action from the U.S. Federal Aviation Administration (FAA) and sparked...
ALK on the ASX could push higher into resistance and repeat a previous setup. Could resolve down but the Weekly chart is holding up nicely.
Since the beginning of the new year, airline stocks have performed exceptionally well despite the very chaotic condition of the US airspace and travel market. Here is the year-to-date performance of a few well-known airline stocks, along with the Boeing stock and the U.S. Global Jets ETF: ● U.S. Global Jets ETF (JETS): +18.56% ● United Airlines (UAL): +37.53%....
Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.
ENTRY: 1.130 SL: 1.025 TP: 1.255 - ADX>20 - Daily RS +ve - Daily FFI +ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned - First breakout with high volume on 28 Feb 2022 from down-trendline - Second breakout today with high volume - Once clear another down-trendline, it should progress its uptrend
Pandemic + jet fuel prices + selling pressure will take a toll on the airlines! In these weekly charts, it is clear that major airlines already are in a Downward channel, and they will retest their previous supports which could be another 10-15% correction in the coming weeks! You can see the most important support(green line) and resistance (red line)...
Looking at the trading volume you can see all Major airlines traded with above the average volume at these prices! I think in the next 4-6 weeks they have the potential to gain +10%! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified...
On November 1st, 2021 I published an analysis for major Airlines, they experienced a +10% gain and start landing again! And then I perfectly call the resistance: they could become a long opportunity near their support lines! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these...
Most airlines' stocks reacted to their support level and some of them have just broken above the downward trend line..! It seems Delta and United could perform better than others if there is a relief rally..! A relief rally is a respite from a broader market sell-off that results in temporarily higher securities prices. Relief rallies often occur when...
You can benefit from the market when it goes down as well if you know how to do it: August 15 2021: AAL:(private post) You judge the accuracy, it is published when the market was close(weekend)
None of the airlines in the charts have any bullish signs! They all broke their trend lines in the weekly charts and currently they have made consolidation patterns in daily charts! I am looking for short opportunities in them for the coming week!
The range resistance level could be broken upwards with the minimum target level around 85.
We can see a nice wedge breakouts on rising volume in airlines. Fundamentally, we should take into a consideration deffered demand on trips due to COVID restrictions. Combined with Technical Analysis it means that airlines have space to growth. I am publishing this idea a bit later then I should, but still it is a great buy opportunity. Keep in mind your possible...
I don't know what it is, but I can't reach a conclusion on this. I really feel like I should be a buyer, but something is messing with me. Too many rules, not enough rules. Not really sure at the moment. Hate this feeling.
Not looking to trade in the near future. I think the 1-5 elliot waves here are highly textbook. For me, the correction is where a lot more uncertainty becomes involved. This can be seen with just how many different types of correction formations there are, as opposed to the 1-5 wave which is fairly universal. I feel like I am still guessing a lot with the...
ENTRY: 67.76 TP1: 73.26 TP2: 82.99 SL: 63.50 - ADX>20 - RSI<65 but >50. Uptrend still intact. - Broke down-trendline in early Feb 2021 - RS and FFI +ve - Weekly MACD +ve - MAs aligned
Alaska Air Group is now pulling back after a good rally up. The stock might be targeting to close the gap-up created to. A buy at this level could be profitable on the stock for a swing trade... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades