Expecting bottom in an A soon with a bump up and more correction to come. Impulse up off recent bottom looks nice
My count invalidated ~12.3. I give two scenarios I see. I'm leaning to a bearish outlook at this point.
AAL barely hanging above wave 1 impulse. still bullish at this point
AAL leaning towards bottom being in. Waiting for a 5 wave impulse and correction to confirm.
AAL had a nice spike. Looks to me to be a corrective move and looking for another low in this correction.
Think we have another drop, but bottom could be in. This move up today doesn't look like a great impulse yet so assuming another low. Will lean more bullish if breaks above ~12.2 and then ~12.7
AAL appears to be close to finish a 5 wave move to have a bottom in wave C. Watching to see if it breaks above ~12.25 with an impulse to turn more bullish
Still think we haven't gotten to a wave C correction for this impulse. will reassess if it breaks above ~13.
short update on my AAL count
looking for AAL to correct little more
Hi traders, Market was going down strongly on Thursday, sadly I mistimed some of my trader or didn't take profit when I had the chance. But apart from that I'm telling you why I knew the airlines weren't going down from the open but rather up, despite gapping down significantly. Next time you see a situation like this it can save or even MAKE you...
Actually a video made for my sister regarding a BA trade and decided to make it public.
Hi traders, Being bullish in UAL the very next day the world got to know Warren Buffet's failed investment seems like a crazy idea. But being a technical trader, I saw an opportunity and it paid off! My trade: 1) UAL - LONG @24.52, SL 24.22, after dropping for the third consecutive day and showing a beautiful Cup and Handle formation, this was a clear long play....
This is my first TradingView video, hope you guys enjoy! Be sure to leave a like, follow, and comment! Southwest Airlines is a potential gem in this market as trade wars with China escalate. As Boeing ramps up production of their Max jets, Southwest also ramps up their flights as they are a primary user of the Boeing Max jets. Southwest did beat their...
using gann square of 144 to confirm possible trend and dates