Most airlines' stocks reacted to their support level and some of them have just broken above the downward trend line..! It seems Delta and United could perform better than others if there is a relief rally..! A relief rally is a respite from a broader market sell-off that results in temporarily higher securities prices. Relief rallies often occur when...
NYSE:DAL Idea is simple: Long position when triggered $39.5 (trend changing extremum). You might also wait for closing 4h higher than $39.5 but that stock tends to fly XD Stop - $38.8 (-1.8% risk) Profit - first take $41.8 (5.9% upside) - 50% of the position close second take $44 (11.2% upside) - 50% of the position close Profit/Risk - 5.9/1,8 = 3.3 for 1st take...
In my livestream last Friday I talked about how I like the stock Delta NYSE:DAL . I like the company because any time I fly this company is going to be my choice. It's properly priced for its value compared to other airlines. Granted, there are unique risks that airlines face such as fuel costs and accidents but people will always need to travel from A to...
$DAL Analysis & Key levels Still in an overall down-trend but looking good for some day or short swing trading. Sitting slightly above a longer support ——— I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support and key levels… Red = Key levels Green = resistance Blue = trendlines Have fun, y’all!!
You can benefit from the market when it goes down as well if you know how to do it: August 15 2021: AAL:(private post) You judge the accuracy, it is published when the market was close(weekend)
None of the airlines in the charts have any bullish signs! They all broke their trend lines in the weekly charts and currently they have made consolidation patterns in daily charts! I am looking for short opportunities in them for the coming week!
Look for more downside if Delta Air line trade and closed below the ascending support line + Delta Variant Cases spike. Eying around $35
🟢 $DAL Target 51.21 for 21.87% (Risk Level - LOWER MED) Next add at 37.50 Or double position at 32.83 I posted this one yesterday but they I got the dreaded 24 hr TV flag restriction 😬 I couldn't chat either 🤣... haha... it's ok... ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to...
wave 4 reached a logical target. Price taget: 60-63 Bearish invalidation at 37 USD
Bad news aside, IYT is what pushes the DOW to 37k. IYT got pummeled back in June losing alot of ground. Airlines and Railroads have finally found their footing, basing, and slowly climbing up this past week. IYT to 300 soon!
WATCHING $DAL for ENTRY TARGET @ 42.98 I’m practicing to really nail my entries better… if it hits 42.98 I'll play.
We can see a nice wedge breakouts on rising volume in airlines. Fundamentally, we should take into a consideration deffered demand on trips due to COVID restrictions. Combined with Technical Analysis it means that airlines have space to growth. I am publishing this idea a bit later then I should, but still it is a great buy opportunity. Keep in mind your possible...
“The U.S. Global Jets ETF $JETS provides investors access to the global airline industry, including airline operators and manufacturers from all over the world.” TECHNICALS $JETS is currently trading at $25.50 which is 13% below their most recent high of $28.98 which was made in March 2021. The stock has been in an upward trend since October 2020 as a result...
FEDEX and UPS have moved up alot in recent days along with some other dow transports. Airlines have lagged behind with no bids. This week, look for Airlines to move out of oversold conditions to move Dow higher. News will break out as passengers return to flying domestically. Volume will pick up accordingly. Breach 46.70 with volume, look out 52!
Airlines and other travel based companies definitely got hit the hardest from covid and are still slowly recovering where as other stocks have already recovered and more. First signaled $18 entry which was a 2013 start of the uptrend and is a monthly level support zone. aka very strong level Next Best entry placed at $27.60 Target $30.54 Next Target...
DAL along with the rest of the travel sector is catching some big buyers as the economy is shifting to its reopening phase. Look for some strong movements along the next couple of weeks as the chart is preparing for a big move too. Sitting directly under the 20EMA and a perfect bounce off the 50 - the stock also caught many buyers yesterday exactly off of the...
Video breakdown on $BA after a amazing bounce!
It seems all of them getting ready to take off..!