$AAL - short setup - (hourly Chart) - DayTrade
Description of Chart : Running up against some resistance, need to wait for a breakdown at support before getting short on this one. Website : www.lukelehepuu.com Take a look at my website, you can become a member or sign-up to my weekly newsletter. *** To get my ideas immediately you can follow me ***
Anglo American short based on head and shoulders and accumulation on VPOC
Hi Everyone, AAL is looking corrective so we are waiting for it to break out of the lower trend line or bounce again off the top trend line. Once the trend line is broken we will be watching it on a lower time frame for a retest or consolidation before placing the sell order.
AAL has been in a really strong bullish run as of late. Huge bounces. $34.83 is a strong pivot. It appears AAL will close above the price on the weekly. If AAL runs up into the previous trend line before earnings, any gap down {as long as it's above $34} should be buyable on a swing level. This is kind of the rotation I see happening on AAL and I love the move...
Description of Chart : So the first two orange lines were a from a play back in May that worked absolutely perfectly. We have now broken the blue trend line which was showing as resistance. I am looking for a touch of 292.66 which coincides with previous resistance. On the daily chart the 50MA is about to break above the 200MA Website : www.lukelehepuu.com Take...
Lets wait for it to bottom and see the volume on the recovery
Bullish momentum divergence forming on the daily chart. Price hitting a new low, while momentum continues to improve. Use a trailing stop loss on the trade. Target 1: $33.00 Target 2: $40.00
Ticker : AAL Direction : SHORT Entry Price : 282.80 Current Price : 282.80 Description of Chart : This chart is looking slightly bullish, we are at a resistance trendline (blue) if we get a break above it we can reach 292 quite easily. However from there I feel we will get a break lower down to the area between 265 and 258. It is one to watch carefully...
We expect to a have a retest of structure, then up to our previous resitance, and then hit our target :)
DAL gapped down on earnings. I would assume AAL does the same. If it opens up in the green zone, I'm a tad bullish. Red zones would be bearish and purple zone, I'm really neutral. I think AAL is a good buy LONG TERM at $38.. We will see what it does. Buy low, sell high
Some interesting bearish movement has been coming in the last few days, with volume and gaps. 100/200 sma could act as a resistance again, along with the 100 SMA on a weekly.
For my option traders. I don't see MUCH direction for those who trade shares or options directionally. I think AAL could make it's was $2 higher in the next 1-2 weeks maybe. I'm banking on it staying below $44. I will not even worry about this spread unless AAL closes above the 100 an 200 on the daily. Spread is also above the weekly 100 SMA. If you own shares...
NASDAQ:AAL showing signs of trying to break out of a downward channel pattern. AAL has a strong support @ 35. After bouncing off this support making an attempt to break out again. Good buying opprotunity