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...
In this situation, it is better to have more cash capital than investment and reduce the risk....
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!
Airlines have had quite the run up since the low. Warren Buffet is way past his prime. BUT WTF IS THIS PRICE ACTION!? I've done a fair amount of "research" into the numbers here and here's my best attempt to make sense of it. We all know the COVID correction was the E wave of a triangle. That was obvious. You see it on every major index. Triangles happen in wave...
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...
It seems all of them getting ready to take off..!
UAL - United airlines has a bullish Inverse head and shoulders pattern on daily chart. Options flow - Over 27,000 June $50 calls traded friday. 6000 $45 April calls traded vs 8 in open interest. More flights starting as more vaccines get to people , you could call this a "re-opening" trade. I own march calls in JETS etf. Cheers!
Gap has been filled, but pattern for strong bull move incomplete.
SAVE update from when i charted months ago, not to late to add SAVE to your portfolio, still has the gap to fill and vaccines and stimulus is bullish news for airlines!
LYFT starting to move after a POST IPO dump. Looks good on the long side taking into consideration UBERs recent move above its IPO level. Entering the Food business, I believe further government regualtion will be good for the stock. Potential double bottom, trade into $50 resistance level.
I see SAVE going back to 25 by Jan 2021 but if you're an option trader i suggest getting ITM calls for 2021 even 2022 if you want to add to long term portfolio. Shares is also good to add to your stock portfolio. Remember to keep in mind if airlines were to shutdown and vaccine trials see no further progress that would be a sign to get out, but recent news looks...
SAVE consolidating for a few months now, sitting in this tight channel and could have a big move up or down! With airline activity picking up I'm swinging SAVE to 25$ by 01/21 ... Perfect to add to long term portfolio! Simple way to read this chart, break that top purple zone (resistance) at $19.50 we will see an overall move to $25, break that bottom purple zone...
SAVE is breaking down from what was actually a constructive consolidation. Targeting high 14s.