NASDAQ:AAL sitting comfortable inside the falling wedge. I am expecting/hoping for an upside break. Conservatively, I am targeting $40 if AAL breaks out of the wedge. Otherwise a correction to $29 invalidates this outlook.
short the dead cat bounce. the $450 short from $300 christmas low was also easy money. look for this to print a collapse chart similar to facebook after its $220 parabolic bubble blowoff
NASDAQ:AAL might have bottomed. And if it falls further, it means trouble for the airline and everyone as well. The chart looks good by the way. Indicators are turning up and if you are looking to hold for long term, catching the falling knives at these levels might be a good bet. I am targeting $40 if the falling wedge breaks upwards. Otherwise a fall below $27...
NASDAQ:AAL American Airlines Group, Inc. Information: Growing Channel was broken. Now we have formed a bear channel. At the opening with a small pullback considering sales. SPY/SPX/S&P 500 in the coming days may show weakness and fall on the mini correction (Gold is now in a growing local phase). According to the volume profile, we will have to preserve the...
Hard to miss this massive head and shoulders pattern forming. Has bounced between two chop zones, but looks weak. May target: 48-49
Looking over the one week chart we can see that a bottom might be in and indicators suggest that we're in for an uptrend. Furthermore, we seem to have a prime catalyst with earnings coming up - any stroke of good news and guidance could send this thing higher. Expect a peak if other airlines do well in the coming weeks also. RSI: Shows oversold on the weekly ...
DAL is in the midst of a uptrend that will be setting higher highs. They beat on earnings as a player in the airline carrier industry while Boeing and Spirit Aerospace and Airbus and other aerospace manufacturing stocks are taking a beating from a combination of the 737 Max crashes and resolution process as well as President Trumps talk of taxes on the European...
NASDAQ:AAL American Airlines Group Inc. (AAL) --- Sell - $33.45 Take Profit - $31.45 Stop Loss - $34.45 ------ Take Profit = +5.98% Stop Loss = -2.99%
Delta did a slight drop below the 57.49 support. It has created a new horizontal support at 56.96. I'll do a more in depth update later.
It's been a month since Boeing's share started taking hard hits following the crashes of their 737 MAX aircrafts that gained a lot of unfavorable media exposure. The biggest hit was the March 11 1D candle that left a big $13 Gap. The recent (since 2018) price action on BA shows that every 1D Gap (either bullish or bearish) was filled. So in technical terms one...
As predicted in my last Delta post, we had major gains today. But alas, it is looking slightly bearish as of this post. If we close below the bottom of the fan/resistance line we will be looking for a possible dump.
When you look at Delta (NYSE: DAL), you see a clear resistance but a triangle pattern. When adding a pitch fan you clearly see obvious tests of both the resistance zones. With the gains and natural consolidation you see clear bull flags everywhere. Gains are expected to rise at the beginning of trading at 6:30 AM PST. If I were to guess they will occur around 7:15...
Jet has a targeted lauch for 2019 www.globenewswire.com
Airline stocks have been poor performers, despite the short term pullback in crude oil recently experienced. UAL's peers seem to be in an downtrend and with the formation of the head and shoulders formation, any break of the neckline would indicate a short. Additionally on the chart above we have the MACD turning negative , RSI falling and a daily squeeze...
Expect a BIG PULLBACK from this High Flyer, $BA | #Boeing!
Weekly candle looks like a bottom.
JET was by far my best performing stock for 2017/2018, and my first 5 bagger. Chart looks like it's ready for a move again. Similar price action to this time, last year. Resistance at 0.75 to 0.80 but that is still some nice gains if you can get a stink bid filled as tax loss season ends.
Long based of channels and fibs My Entry: 39.00 (any entry above this is fine) Stop Loss: 35.50 PT: 50.00 area Risk/Reward: 1:3