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.
If you haven`t bought BA here:
Then analyzing the options chain and the chart patterns of BA The Boeing Company prior to the earnings report this week,
I would consider purchasing the 210usd strike price in the money Calls with
an expiration date of 2023-8-18,
for a premium of approximately $8.45.
If these options prove to be profitable prior to the earnings...
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...
UAL has been in a persistent trend up for a couple of months after great earnings were reported
in early May with another due on July 19th. The airports have been quite busy with vacation
travel and UAL has been part of that action. On the 1H chart, price has been supported by
the mean VWAP and has oscillated to the one standard deviation line above that. I...
Breaking out of the trendline on a decent volume.
Needs more push to clear the overhead supply and test 24. I think a pullback there and breakout would set this long term.
Note: these are 3 Day charts, so my confidence and comfort level is higher. Regardless stop has to be respected.
Disclaimer: Started a position today. Will add as long as 11 EMA is held.
Been meaning to post this chart for a while. Another example of why trying to catch the bottom is fools gold. Most of the action happens after the confirmation, after buyers show up. I have been bullish on the airlines since march and got in early around 32...when it went up to 36 and continued to go lower, I cut the position, but kept this on close watch. as...
ATSG is sitting right now at the $15 price point which we have not seen it trade around since back in March of 2020. With price back at this low range, analyst are still holding their price valuations of around $22-$27 making this a favorable target for long term portfolio growth. The last two earning reports were more on the negative side although the company has...
Since we made it up into the range between $200-$220 we started to see price experience significant resistance to being able to break beyond this level. Right at the start of the year after a long rally near the back half of last year we have seen completely sideways markets. With the last few month starting its trend downwards we can potentially see some...
With all of the various airlines having such similar patterns of movement JETS lets you be able to not get the same risk of the higher volatility that comes with holding each airline individually. With that being said there is less spikes in price action here which can also provide a more stable trading environment. When I look at the ETF JETS I have a general...
A positive earnings report from last quarter was soon clouded by government pressure to now provide support for stranded passengers could put airlines once again in the crosshairs of regulations and high cost of doing business. Looking for a more sideways to bearish outlook for the next few weeks as there shows to be weakening confidence over time in combination...
ERJ recently announced their earning reports which showed to be much more negative than expected. Even as price started reaching up towards the 2.618 fib level we start to see selling volume pick up. Initially I was just aiming to look at the 10% retraction but we saw that just before earning report. We are seeing continued negative push starting the week to the...
BA 65m: Acute analysis potential gap fill to upside contingent on auction acceptance. Positive ER from UAL, expanded partnership with Invictus Games this morning, and ER next week catalysts for participants// 215.55 is a KL to be watched as it is where auction failure has occurred five times YTD// KLs 206.80, 208.77, 208.94, 210.13, 211.50, 212.56, 215.55// Beta...
The pandemic hit the airline industry hard, with many companies filing for bankruptcy or struggling to stay afloat. However, one company that has managed to weather the storm is American Airlines. Despite facing unprecedented challenges, American Airlines (NASDAQ: AAL) has survived and emerged stronger than ever before. So if you’re looking for a smart investment...
JET2 PERFORMING WELL OVERALL SINCE THE COVID CRASH, STRUGGLED TO BREAK PAST THE 3 YEAR RESISTANCE OF APPROX 1403 ON A NUMBER OF OCCASSIONS, RISING WEDGES TEND TO BREAK TO THE DOWNSIDE 68% OF THE TIME,
FUNDAMENTALS ARE BRILLIANT ON THIS ONE. NEW TRAINING CENTRE AND AIRCRAFTS PURCHASES.
Jet2 Plc Market Data
TIDM JET2
Ticker Code JET2.L
ISIN GB00B1722W11
Currency...
United Airlines (UAL) stock recently dipped over 20% as a result of poor guidance for Q1. The company over estimated for Q1. However, United is positive for Q2 based on bookings. So, if they were to lower guidance for Q2 and the rest of the year, I would say the sell off might be justified. However, that is not the case. UAL's EPS projections remain $10 to $12 for...
$UAL stock dropped due to Q1 cost and downtime headwinds, but airlines expect strong demand and Q2 profitability.
I'm opening 1/3 call position, adding 2 more times if weakness continues:
Strike: $45.
Exp: 6/16/23 or later
Cost: $3.60 per contract
The cost per contract could be lower based on market movements tomorrow. I plan to swing my first 1/3 $UAL call...
In any case, corona would hit Turkey, this one will drop below 1.3$
dolar/turkish lira would be up to 6.84-7.2TL( average 7TL)
1,3*7TL=9,1TL, my entry for Long
