If you check back in with our previous charts, you'll see we have been accumulating AAL between $11.50-$14.00 for a while now. The airlines are still patiently waiting for additional aid from Congress which will be a huge move up for the whole sector. While there has been support on both sides for further stimulus, there's still certain disagreements that have led...
M15 SHORT rebound from the level of 14.72 resistance = zigzag down: 1 wave - impulse, 2 wave - correction and 3 wave - impulse to support 13.35
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Hello everyone, here is the top-down analysis for AAL, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
NASDAQ:AAL Based on technical analysis just hold for now, prices moving inside a channel and they are in the middle of the channel.
Iron condor on a sideways trending AAL The S P12 20NOV20 B P10 20NOV20 S C14 20NOV20 B C16 20NOV20 CREDIT: .95 Max Risk: 1.05
AAL just broke support and i dont see anything stopping it before we hit 11
American Airlines tried to recover above the mark of 13.00 on Wednesday (October 7) after a revival of hopes over a potential aid for the airlines despite the recent decision by US President Donald Trump to halt stimulus talks with the Democrats. After his call to end the stimulus talks with the Democrats, President Trump urged Congress to extend $25 billion...
NASDAQ:AAL and other airline stocks may see a boost this week with talks of relief for the companies. My target for AAL is 15.60 for the day leading up to earnings. I believe that stimulus could quickly take shares up and shift the downward momentum that airlines have faced over the past three months. Furthermore the wedge that is forming is supported with a few...
AAL is forming an inverse head and shoulders pattern around support in green. The head and shoulders is still an idea so we are waiting for the right shoulder to form and then buy on the neckline (in gray) break upward. we also have a trendline in red and divergence adding more confluence to our setup. our trigger would be after a momentum candle close above...
American Airlines, United Airlines, Delta, Southwest — Shares of the major U.S. airlines fell on Friday as President Trump’s Covid-19 diagnosis injected uncertainty into the market. Shares of United Airlines fell more than 2.5%. Shares of American Airlines and Delta Airlines lost 2.3% and 2.1%, respectively. Southwest Airlines dropped 1.6%, while Alaska Air Group...
With airline traffic picking up after 3 months of quarantine, Airlines are starting to work up to its ATH. AAL was at $30.16 before the pandemic hit in early march. In 2018 ATH was around $59.00. Airlines have been getting loans from the Government. AAL has secured 5.5 billion in loans and is looking to secure more by the end of September. In my opinion LUV, DAL,...
AAL American Airline found a strong support on 8/1 gannfan line where it got a huge wick rejection and was building up strong momentum since then. This is a deep pullback and now aslong as it will break 200 and 50 sma and retest those, AAL will continue up to at least 15.23$ level and then after breaking that to 1.618 fib levels 17.8$ target and even further to...
A Huge week is coming up for the airline industry next week. As you can recall, the Stimulus Package passed back in March provided the airlines with $25 billion in aid as long as they didn't let go of any their employees for a certain period of time. That certain period of time expires September 30th. The airlines are asking Congress for additional aid and the...
TITLE/(DATE)- BUY AAL (American Airline) (9/23) ASSET- STOCK ORDER TYPE- market first/BUY LIMIT Time Frame-1Week ENTRY PRICE 1- $11.50 market ✅ ENTRY 2- $8.50 (pending) STOP LOSS- $7.50 (40 PIPS) TAKE PROFIT 1-$14.50 (30 PIPS) TAKE PROFIT 2- $19.50 (80 PIPS) TAKE PROFIT 3- $23.50 (120 PIPS) STATUS: 🏃🏽♂️ACTIVE 🏃🏽♂️
Directional plays within some of the airline stocks have now become obsolete as volatility has dropped significantly for the sector. The last three earnings reports have all been in at a loss with final reports being slight better than estimated. The market is expecting the worst right now which is in turn affecting the stocks ability to rise. 1 standard...
Hello everyone, here is the top-down analysis for AAL, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!