Atlas Air Worldwide is currently testing a major supprt level on the daily chart. The potential for the stock the respect this level is highly probably. Looking to see a touch and break up would confirm support of zone. Waiting to ensure stock does not break below will prevent exposure to risk to the downside
Boeing just entered a zone that was previously a trading zone that it remained within for a good period of time. Potential for some sideways movement with a downwards bias.
American Airlines is currently sitting at a 10-year low. Stock prices have not gone this low since 2008 financial crash which specifically was due to the housing market in the united states. As we trade near the low of the stock range we are testing near the support level. Potential for the stock to drop below the support level remains high as cashflow is...
AAL has been suffering quite some drama lately, here is the full scope of things
The aircraft manufacturer has really gone through ups and downs coming into 2020. Contributing to the recent declines have been the ongoing issues with the 737 Max crashes in 2019 which led to the FAA suspending the aircraft from flying hurting many airlines such as Southwest, United Airlines, and American Airlines. Also adding to the pain is the Coronavirus...
Bail Repo Market Bail Euro Market Bail America Free Money for everyone!!!!! None of these methods have done enough to quell investor's fear. And deservedly so. There is no end in sight to this CoronaVirus, unless the summer heat "magically" kills off the virus. Prolonged stretches of forced social distancing and furthermore travel ban will affect the hotel...
Air Canada chart for follower, JJ Kim. Price has fallen roughly -75% from the all time high in February as global airline stocks have taken an exceptionally hard hit during the coronavirus pandemic as global air travel has witnessed an extreme drop off as countries across the globe shut borders and restrict travel. Price is currently testing and holding at the...
I dont like where SGX:C6L Singapore Airlines is heading. This is a very very very long descending triangle. SIA might have bottomed here or it might be facing tougher times ahead. I am leaning toward the latter and I would not catch a falling knife right now. Until there's a clearer picture, i would stay away.
Flying from London to Barcelona for 20$? Flying from Berlin to Rome for 15$? Gone have the good old days of flat-rate flights. Travelling has once been a luxury and my impression is, that it will be a luxury again, very very soon. I am not sure if Airlines such as Ryanair, Easyjet, Wizz Air, Scoot, Tigerair and even bigger, national Airlines are going to...
has bullish divergences on the 4H but further downside is probable. Might drop to the buy zone and make another bullish div. With multiple gaps above the current price, a significant retrace is very like in the future, barring the end of the world. Travel will surge significantly once lockdown is eased due to pent up demand. However I expect that the corona...
Id say this is worth the risk As long as the company doesnt collapse..... Might even get a bailout
Contextual immersion trading strategy idea. Delta Air Lines attempted to reverse the trend yesterday. The attempt was failed. Today stock opened lower than yesterday's close price and continue falling. Despite oil prices falling, the general condition for this stock is shortable due to COVID-19 panic. Profit from lower oil prices is not enough to cover losses...
I've never traded airline stocks. I like AAL here though-seeing a potential broadening formation. I might consider a small position and set a target for that unfilled gap. Longer term, airline stocks appear cheap right now although I'm not ready to turn bullish on them yet. I'm just not that familiar with them.. but this looks like it has good potential.
With the Coronavirus spreading and airlines taking a hit, UAL should fall as hard as BA if not harder, this broke our yearly support of $51.5 but closed above, we could see a bounce to $54.31 before heading lower to $45.5 then $40.5, below $49.5 will be my entry for swings.
As the market continues to sell off and airlines take a hit due to travel restrictions, BA is looking good to hit yearly support around $213. This is a longshot but after selling off $20 on Friday and continued virus confirmations over the weekend, this is looking better and better.
I said it before and I will say it again, Boeing is dead, get the heck out! In December I noted that we had a huge potential head and shoulders on Boeing. I've got my Fibonacci targets showing up at $236, $178, and $135. I would expect to see $236 by early next month, $178 by April- May and $135 within June-Aug. THIS IS NOT FINANCIAL ADVICE.
AVAV is currently trading at a major low range and their earnings is expected to be announced later at the end of the trading day today. With the stock up alrady 2% during the day there may be some strong optimism around the stock for the earnings report.
American Airlines felt significant drop after flight cancellations and international travel decrease. Currently price is testing below annual lows and out of its previous trading range. MACD is attempting to gain some stability as the price levels attempt to find support in the massive sell off.