This is an index I have created to track airline stocks. It is equally weighted and includes:
BA - 1 share
AAL - 15 shares
UAL - 5 shares
DAL - 5 shares
SAVE - 9 shares
ALK - 5 shares
LUV - 5 shares
JBLU - 16 shares
$BA has a nice macro level setup today at $230. If you see price confirmation here you can see a great move upward. Airlines have been very strong so keep your eye on them $AAL, $JBLU, $DAL, $UAL, $SAVE, etc... Have a great day everyone.
As the vaccines roll out and the world over comes the pandemic, travel will be popular among many that have been unable to for the past year.
While still heavily oversold (75% below the all time high in 2018) flight centre remains in a good position to bounce back.
Currently in a rising wedge, price is situated on support and is likely to take off.
As you can tell by this monthly chart. JetBlue is absolutely primed to makr the next run up and break through the 5 yr down trend that has plagued the firm. With covid restricting travel, as restrictions ease up people will only fly more, and after not being able to for a while, they will flock in large numbers. MaCD bullish cross. If we do not break the 5 yr...
LHA is a german airline giant in distress due to covid travel restrictions
However, the company is still great and it is bouncing from the absolute lows!
So the reversal has already begun and there are 3 targets on its way UP!
Also, on the fundamental side, it is the too big to fail case
Which means the...
Incredible 300% increase over just a range of about 100 days. Earnings have been over expectation for the last two quarters and there is a dramatic increase in volume over the last week. The options market has started to increase as well with 10,000 Open interest for the $12 Call with the 19 Mar 21 exp. Looking to see how price reacts from this current high....
ANZ is filling up the gap created back on 10 November 2020. Following a downtrend from 1.850 news coming up in 4 days. Sellers in control now, huge selling volume. The support line at 1.435 which sitting at this moment, if can't hold the next support is 1.330 then major support at 1.20. Hopefully, we can see an up trend form here. Not financial advice, Do your...
Spikes in American Airlines have been pretty common over the last the past six months. With sudden spikes to the stock over $18 or within that target price range. As of recently, the stock beat their estimates by $0.25. However, due to COVID-19, the stock will see very neutral trends and even bear trends. In 2019, American Airlines revenue was at $47.7B which was...