A bit of a rare sector to buy at the moment, but there is a very strong area, perhaps a pullback or trend reversal, yet a position with a high probability of reaching the 46 zone The take profit: 46 The price to buy: 30 - 31 The Stop Loss: 25.50 Prob - 3:1
ALK share clearly created a Head and Shoulder Pattern at the top. As its a bearish pattern and already the price broke down this pattern, so we can expect that the price will see a huge correction.
Low risk, high reward trade into Alaska Airlines. 2% risk for 20% reward using pitchfork analysis, moving averages, and time analysis.
Alaska is rated the second-best Airline, according to the Wall Street Journal. It is extremely undervalued, with a PEG ratio of about 0.5. News has been extremely positive for Alaska lately. In terms of technicals, Alaska looks to be right above a volume support and ready to bounce. Another way to play Alaska earnings is to diversify risk by buying the JETS...
Airlines in general have posted stellar gains so far this earnings season and we expect the same from ALK, given the fact the have no exposure to the Boeing 737 issues. The sector has had a dismal demise from 2018 and maybe its time for a sustained rally in the sector. Entry level $70 = Target Price $75 Alaska Air (NYSE:ALK) is scheduled to announce Q3 earnings...
Examining expired Machine Generated Signals. www.signalclub.io IXB Short ! 72.39%, OCT19 WK2 => Up from.. 76.82 to.. 74.63 DG Long ! 61.73%, OCT19 WK2 => Up from.. 160.97 to.. 164. ALK Long ! 61.73%, OCT19 WK2 => Up from.. 63.51 to.. 67.52. UGAZ Long ! 61.73%, OCT19 WK2 => Down from.. 14.96 to.. 12.38. MISSED. This is one of the Past Signal published for...
patience , buy price and time are far away , but once area comes it is good to jump in
1. $ALK for the last few weeks was getting ready to breakout above long term resistance line. However, unknown result was keeping stock under the resistance line. Indicators however was showing more and more strength. 2. Stock currently above all MA's , 9,21, 50 100 and 200. 3. Right before earnings we had "golden cross" of 50 SMA crossing 200 SMA. $ALK rallied on...
We are of the opinion that Alaska air is in the process of a potential bullish move higher. Airlines have had a very mixed 18 months but it seems to be the case that Alaska was dragged down by others. Below we have outlined some of the potential buy signals to consider before entering a trade as a resistance level approaches. GOLDEN CROSS RSI BREAK ABOVE...
alk played well in the past but, this fractal looks too similar to ignore the signs. not financial adive
Looking over the one week chart we can see that a bottom might be in and indicators suggest that we're in for an uptrend. Furthermore, we seem to have a prime catalyst with earnings coming up - any stroke of good news and guidance could send this thing higher. Expect a peak if other airlines do well in the coming weeks also. RSI: Shows oversold on the weekly ...
Alk forming a nice bull flag possibility of the upside giving us over a 2>1 ratio only buy on the flag break target near our area 62. this move will run out of steam very soon regardless short term play only here never financial advice
DAILY potential head and shoulder breakout tendency is downward. go short if it breaks 54
DAILY potential head and shoulder tendency is downward. go short if it breaks 54