Possible trade plan based on straddle detected. Idea valid almost up to October, 20.
Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance.
We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in combination with...
Delta Air Lines (DAL)
Valuation: P/E and Forward P/E ratios suggest the stock is undervalued relative to its earnings.
Earnings and Revenue: Strong earnings expected next year, and overall better profitability.
Performance: Stronger recent performance across different time frames, including YTD.
Ownership: Higher institutional ownership, which can be a sign of...
American Airlines made 3 recent lows at an inflection point, made a slightly higher high and if reverses here at this current level ( a decent inflection point)it will make a higher low and a higher high. we have plotted a stop loss for a 3 to1 play.
NASDAQ:AAL idea, Looking for a small retrace to the 1.618 reversal fibonacci. Previous demand zone at the same ranges of the key points. In my opinion is a perfect entry for bullish swings.
Too early to tell, but it looks a potential HS forming. I just bought some puts expire 08/18 strike 16.5. I'm actually very bullish across the market but I like some shorts to have some balance. Price could also break up and keep going up, but if I see a rejection I'll buy more puts.
AAL has consolidated very well at these levels, recovering some of the lost value. This correction creates an upward movement with a potential of over 20%, con una cuña expansiva y el precio terminando la estructura.
According to the Elliot Wave Count, there is a possibility that in the next few days, American Airlines will start to increase its price.
This price increase will be around 25% to 30% and the price target is between 19 and 22 dollars.
Buckle your seat belts ladies and gentlemen...support forming at touch-point 5 along the up-sloping trendline. Primary target at $45 interest. This projection coincides with new airline markets opening, cancellation of first class seats in new ordered planes, and projection of oil rising over the next years--especially leading into elections.
With a 20% higher than expected earnings today and also raising future expectations...is American Airlines NASDAQ:AAL about to "take off" ? ✈️✈️✈️
EARNINGS RELEASED: Exp 1.59 / Rep 1.92 (20.6% higher than expected)
- Breaking diagonal resistance line
- Price peaking above the 200 week SMA
- Nice to see 200 week SMA slope up now (TBC)
- Ideally OBV to make a...
I zoomed all the way out using the monthly chart, which provides a long-term multiple-year perspective. We can see that the stock still has a long way to go to get back to the pre-pandemic levels. I would like to point out that the stock is overbought on the daily chart (which is not pictured here) according to the RSI. So, the stock could experience a pullback in...
Short term view in AAL (America Airlines) suggests the rally from 5.24.2023 low is ongoing as a 5 waves impulse Elliott Wave structure. Up from 5.24.2023 low, wave ((i)) ended at 16.78 and dips in wave ((ii)) ended at 15.92. Internal subdivision of wave ((ii)) unfolded as a zigzag structure. Down from wave ((i)), wave (a) ended at 16, wave (b) ended at 16.39, and...
American Airlines has broken through a key resistance level of $17.0 and set a new 52-week high on weekly charts. This suggests that the stock has changed its momentum and is poised for further upward movement. NASDAQ:AAL
Look at the larger timeframe, it's going sideways. This flight is not ready to take off yet and has been bouncing around at the key pivot areas charted. Seems like an easy play off the top or bottom.
