Hey Guys! I've been watching this stock for a while and it seems that it has reached its bottom. Besides, the situation with coronavirus is coming to an end in the future so when travelling normalizes this stock could shoot up. The chart shows us that the price is in the limit of the moving average line (100) and the Fibonacci lines are quite unclear, either can...
NASDAQ:AAL AAL is setting up nicely to jump back to the $18 level, but be cautious. A break above $15 would be bullish to the 18.30 TP, but a break below 12.60 and AAL could revisit 11.60-11.40 PT
Checking back in with AAL to see how it's looking. It's been a rough couple of weeks for the Airlines. Apart from record low revenues, the Airlines face another hurdle that's quickly approaching. Airline carriers are prohibited under the terms of $25 billion in federal aid from laying anyone off until Oct. 1. Under the Worker Adjustment and Retraining...
The idea is to Hold. - Prices moving sideways if the Target Price of 13.00 USD will be broken in the next days, there might be an opportunity to go long.
retested gap twice. watching if breaks resistance trendline. If it breaks resistance then looks bullish to me short term. target around $16.00 not financial Advisor Bla bla ...Like if Agree Thanks!
I think we saw a recent spike from American airlines as buyers are finding interest as price hit the top of previous major structure (green arrows) an s&r play. Notice the spike of the candle where I have a red arrow drawn. To me this looks like an exhaustion candle as buyers got slapped back down. I some what agree with playing the previous structure as an s&r...
I think it's safe to say that ALL has found a support region here.
AAL had a nice spike. Looks to me to be a corrective move and looking for another low in this correction.
Think we have another drop, but bottom could be in. This move up today doesn't look like a great impulse yet so assuming another low. Will lean more bullish if breaks above ~12.2 and then ~12.7
AAL appears to be close to finish a 5 wave move to have a bottom in wave C. Watching to see if it breaks above ~12.25 with an impulse to turn more bullish
Some nice bullish divergence forming here. I see a short squeeze coming.
Still think we haven't gotten to a wave C correction for this impulse. will reassess if it breaks above ~13.
short update on my AAL count
American Airlines (AAL), monthly chart: 12 years long(!) support line + Oversold + Hidden divergence + 2 Hammers
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
It is still a firm HOLD. But against the fundamental and following the technical analysis, the prices should go up if they will not brake the support level (dotted red line)
Two bear flags formed each of the last two day lowering $AAL Targeting $13 on the next bear flag