All the gain we saw in the powerful rise in early June is now gone. AC has been volatile in post-COVID trading & hasn't recovered much compared to markets. While shutdowns worldwide & low tourism have generally trashed the industry, AC is still operating their aircraft domestically and increasingly abroad, mitigating some of the heavy AOG costs that all carriers...
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
This week I have been following American Airlines closely. My past self would’ve been absolutely horrified with what’s being going on in the airline industry, but now that my mindset has switched towards a technical approach, I couldn’t be any happier. The airline industry has both, the volatility and volume, desired to enter a trade. Here are some of my...
Things are looking choppy for $BA I can see us landing around $145 before we see the next reversal. GLTA and stay safe!
AAL is currently in a downward trend, but I am thinking that there could be a reversal of the stock very soon. It seems like the recent down move could be to fill the two gaps from earlier in the month, so once that is done, the stock can move back up. There is a support level at 14.6 that has been retested several times: first on March 9th and during April, and...
I think it will move up as soon, write your idea in comment please .
X Force Global Analysis: In this analysis, we take a look at Spirit Airlines, a company leading the ultra low-cost carrier business in the US. We explore the company's fundamentals, as well as its technicals to assess its bullish probabilities. Fundamental Analysis - Spirit Airlines (SAVE) has shown an extremely steady growth over the past years. - Their...
From the market top Feb 19th pre-Covid 19 to June 18th 2020.
From market top 19th Feb 2020 - 18th June 2020
Feb 19th 2020 to June 18th 2020.
💰 Man these airline stocks are in nice setups for some serious plays. Almost identical to Boeing as we are now sitting right above the long term support green line. If we break above the red line that we are currently under that would be a breakout attempt to go long. Break below green we look for a short. Line up the ema dots and the Crossover strategy candles...
Hi, traders. My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and...
JETS ETF has gapped down and fallen below its upward trendline. Price action is seeking a higher-low level to establish support. Once the support level has been established, price could then reverse to seek out a lower-high level and establish resistance. Resistance 3 area: 21.28 to 22.04 Resistance 2 area: 19.14 to 20.15 Resistance 1 area: 17.11 to...
Entry. $39.88 S/L $37.88 TP1 $57.83 TP2 $67.27 12 months Consensus Price Target: $64.64 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
A friend asked me for my view on this on last FridayI will never look into airlines and related stocks, with covid19 going and most borders, without intervention I don't see how this can be a bullish stock for the year. Well, but you are already in it, congratulation. If you are conservative I will wait at 238.12-261.42 and wait for a reversal signal to exit the...
Govt Bailout - Check! - Eligible for $1B Passengers back flying - Check! EU opening up to International Airlines - Check! Oct 22 or 24 CALLs could work! Look for the DIP and BUY Monday morning based on futures right now!
Apparently, as of today or yesterday, you can now buy options on GNUS! Loaded up on July 17 and June 19 puts! I see this going to $1 next coming days after launch is trash!
I have been shorting this since $20 and expect another 20% drop in the next coming days! The similarities are impeccable. Next time there is a pump I will be loading on SAVE and LUV! Don't like AAL for longterm.