Looking at the past two years of charts for RCL (one of my favorite stocks, also a cruise line member, nice little perk if you own 100 shares on each trip).
So charting this out taking out the noise of March 2020 we are in a downward channel, but it is not a very steep downward channel which is comforting.
Looking for buying opportunities at the bottom of...
My friend is heavily invested in Air Canada and was looking for some potential break outs (or break downs!), so I ran through the whole analysis playbook of how I look at stocks.
In this video, I cover how to analyze price action, fibonacci, some pattern techniques, moving averages, and ichimoku.
Overall, I'm looking to buy the dips with optimal entry around...
When will jet fuel stop making all time highs? I think this speaks volumes about the continued pace of inflation combined with a post-2020 "get me outta here and fly me somewhere" mentality, in addition to other factors. So now people want to fly after not flying for a few years. Why do we have to pay mafia level prices now? I guess now it's time for the...
Hi,
Novaturas has made a breakout from the bullish chart pattern called Falling Wedge. Mid-term higher high will confirm it and currently the retest are taking place which is also supported with strong horizontal area.
Do your own research and if it's matching with my TA then you are ready to go!
Regards,
Vaido
Low supply token with real world usecase.
Travel restrictions ending
Possibly even the Russia/Ukraine war ending on May 9th
Could spell g-l-o-r-y days for this highly UNDERVALUED token.
United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The...
MAs converged nicely+++
Price holding above all MAs++
Price still below 3D VWMA and 200 DMA --
Lack of volume and follow through --
Oil prices -
Takeway: still needs to build above 225 to absorb the overhead supply...might start to ramp into summer as travel picks up again.
Technical Reason:
1. Failed to break $160 ( three times)
2. RSI strong negative divergence.
3. Elliot Wave Complete
4.fibonacci 161% is at around $115 level
Fundamental Reason:
1. Long-term Covid effects in this industry
2. Higher Inflation. Increasing oil prices will further hit the industry negatively!
3. Company's debt is very high, lower operating margin....
As cases drop dramatically and interest rates rise, could affordable hotel name stocks be a good way to get exposure? Presumably as credit comes out of the economy, there will be less desire for higher end names. Also while 41 P/E may be high for a hotel chain, other's in the same space are running extremely high / negative PE's. I'll be looking to play this one...
The airlines sector has been strongly impacted during the Covid 19 crisis which resulted in slump of most aviation related stocks. Over the past two years, this sector has been lagging behind the rest of the economy as a result of persisting lockdowns, travel restrictions and other health related mandates. Although, some countries such as Italy, Great Britain,...
Dear traders,
Today I would like to introduce you to my top pick for 2022: The Carnival Corporation, or also known as Aida.
This stock looks great in terms of both charts and fundamentals. I think we have a potential tenbagger here for the next 1-2 years, which is at the beginning of a strong impulse upwards.
As you can see, we have completed wave 1 and...
Although "almost" every single sector moved ATH's, the travel stocks are still at their lows. I have been keeping eye on CCL AAL BA for their long waited move. Looking at the daily chart:
1. Made the first higher low
2. Stayed above the 0.236 Fib line
3. RSI 14 crossed RSI 50
Looking CCL to move to the 0.382 Fib line and hoping it will either:
1. Stay above
2....
Good evening guys. The Pound is currently on a key support level. Looking at the 4hour candle we'll see 3 bullish exhaustion candlesticks all signaling an increase in demand. Next, I move into the 15minutes to get an optimal entry, my RSI is currently at 58.42, I'll just wait till it returns to an oversold region(below 30), this will serve as a good entry to risk...
