Boeing is likely going to break higher imO.. Buy calls above 230 and go long on this DTL breakout Short below 204 Buy up at 194 if the bid if given.
Bearish price action of UAL has been on my radar for a hot minute. Long-term support held in mid-July, followed by a break from the channel. RSI divergence suggested a possible reversal, leading to a second bounce at the long-term support. We now have the third bottom at this ascending support, a bullish signature. We can now see the enclosing triangle and...
As far as I'm concerned, a massive gain is coming on this stock. Absolutely, this is the best time to enter JBLU!
JETS weekly from a technical perspective has bullish momentum with QQE buy signals and MACD curling. Bullish on the weekly close above 21EMA and in a nice volume gap with room up to 26/27 supply zones. From an options flow perspective, there was a buyer of the 11/19 21C for $2M in premium. I followed and am currently up +77% and still holding with $26PT If...
An extremely frustrating stock that feels like it's been bull-flagging forever. If you look at the previous trends, this stock has the tendency to drag out like crazy before exploding. Wave 4 looks to be in, bouncing off the 50% retracement multiple times and showing a complete ABCDE corrective phase. As long as the $210 area holds, we should see a nice impulsive...
U.S. Global Jets ETF (JETS) Sector: Transportation, Investment Trusts/Mutual Funds (Airlines) Current Price: $24.29 Breakout price trigger: $24.25 (hold above) Buy Zone (Top/Bottom Range): $24.25-23.25 Price Target: $25.00-$25.50 (1st), $27.00-$27.80 (2nd) Estimated Duration to Target: 21-23d (1st), 116-124d (2nd) Contract of Interest: $JETS 10/15/21 24c, $JETS...
Nice breakout here Phase E Wyckoff accumulation pattern. Volume pocket implying further upside to $25 to $25.9 I'm long November 23 calls
GREETINGS! I've made several posts on Rolls Royce and Raytheon the past few months. Ultimately, we remain bullish for another leg up, but the back-and-forth price action has been exhausting. Why are we bullish? Well, my strategies involve a simplistic basis of eliot wave theory which shows airlines and major indices have another leg, but I also consider other...
Friday's massive volume shows that traders and investors are betting on easyJet to turn it around. One day does not make a reversal although the high volume seems compelling.
I decided to make my own prediction and draw in my own RSI, MACD, & 50 MA lines from today (9/14/21) through (2/25/22). The pink bells indicate past explosive bullish movement (ER run ups?) I have also created a fib extension from the last impulse wave Let me know what you guys think of my prediction! My Plan for 9/14/21 - 9/24/21 Entries: $214, 213.50 Exits:...
Looking for Air Canada to go 2-1-2 on the monthly to the downside to trigger some pain here. 20 days left on the month lots can happen Formed a head and shoulder on daily if you look hard enough
Markets in Euphoria, Cryptos approaching area of a potential pause/ reversal point, markets need more than pocket change. Remember key areas can go either way, trades take time to play out. Keep it simple, be patient, think risk/reward.
When you see Head and Shoulders everywhere start to pay attention. Airlines are very economically sensitive and capital intensive. Definitely risk on industry. More debt, fewer passengers, less revenue per seat mile is not a recipe for airline or economic success.
I think the bottom is in (unless issue). And now with the June numbers more than doubling, NAS could see aa decent upside and make some recovery. We are still not out of dark water with 50% of population still not vaccinated and the alarm bells about Delta variant. But ignoring those variables and just looking at the current picture I think it make's a good buy...
BA Current Price $221 Price Target $240 Option - $220c 9/10 ($568,1.7% till breakeven) After reporting their first profitable quarter in 6 quarters I believe now is the time to add some BA to your portfolio. FDA approval for COVID vaccines coming in just last week shouldact as a tailwind for the travel sector and especially Boeing. In June, Boeing booked...
Loving this setup going into the week, I entered a swing position last Friday near open. Already up in decent profit. As long as the lows hold around $216, we should expect an impulsive move up to the $230-231 region. Ultimately looking for $238-241 to completely take profits on my swing, but that may take a little longer.
$GOGO getting a pop today one day after the White House announced mask mandates through the holiday season, should we buy the news or will this be a holiday humbug?