Royal Caribbean Group shares have pulled back on low volume after breaking out of their bullish flag pattern. This indicates that $RCL could see a large move to the upside soon. However, it is possible that we need to chop around a little more and let the moving averages catch up before a breakout. Like and follow for more :) Good Luck!
Despegar.com, Corp., its an online travel company that provides a range of travel and travel-related products through its websites and mobile applications in Latin America. The company operates through two segments, Air; and Packages, Hotels and Other Travel Products. The company offers airline tickets; travel packages, hotel rooms, car rentals, bus tickets,...
Sabre is involved with the travel business so it is a reopening play. Should be a good trade; I won't be in it long. It also popped up with institutional buying of the $14 strike calls. Fair Value Estimate from Morningstar: $17.10 June Expiration; $14 strike Calls are the way to play it. The more time the better. Will roll the calls out to further expirations and...
Hello, A number of reports have been released in recent weeks that hint at travel becoming red hot as the world pulls out of the covid crisis. With 50% of US adults now vaccinated expect people to use those stimulus checks to book trips and travel. We've all been pent up inside. This is one of the trades I am most excited about For June - August. My personal...
More visual for the possible BA move coming. Going to be looking for June calls for this move. Last few big ones happened fast.
The last two times BA has seen this defending wedge breakout since the covid drop it’s seen multi day runs. This could be the start of another leg up and possibly the 300 move. Will be looking to play the breakout not longer dated calls since it’s been so news driven. Will just buy and roll shorter calls as the opportunity presents itself. It has been so news...
One of the last 'Hidden gems'' trades of the covid era, American Airlines could be a nice flight to Money-Land. With airports opening and people around the world ready to fly and travel again, AAL stock is up over 12% since last post and technically the price is in an ascending channel and should rise to test the 30-32$ resistance with potential of breaching over...
Great bounce off the 200EMA and with summer around the corner which is bullish for travel, with value still in play, there is lots of room to the upside on BA. Strong move today, with a bullish hammer indicating this may be the reversal we want to see.
As we know The airline and travel industry came under immense pressure during the pandemic, Stacking up massive losses over the past months. For the period ended 31 March, Tui posted a net loss of €1.47bn, which widened from a loss of €861.4m a year prior, Group revenue was €716m, down 89% the company said. Yet we need to stay optimistic but hopeful in a way, As...
“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...
$ABNB 2HR Chart... FA & TA After surging to all time highs after just 2 months from IPO, we have seen a 30%+ correction from February's Highs. Now... with vaccines and more people wanting to experience certain activities that once was restricted due to a pandemic, ABNB's road to recovery could be starting soon. With Summer approaching and leisure travel...
On 3 moth chart, squeeze right now, break out soon. 5 day chart, using Fib Tool to check resistance, predict consolidation to at 182 and break out to 184. Bullish confirmation in MACD with crossing. At open will need another confirmation with 9 day EMA crossing middle Bollinger Band for a entry point. Stop loss set at 180. Exit at 184.
There’s not much historical data on TradingView so I drew a rough line to show the price from when it bottomed out around the end of January this year. Overall, there’s not a lot of data to go on, but I’ve tried to make as many clear observations as possible. From the bottom, a supply trend line has formed with four major bounces from it. Currently, it seems like...
Beautiful symmetrical triangle formation on Crypto.com (CRO). I'm loving how this is looking with these kinds of bullish market conditions. I believe if we break out of this formation we will have a run up and re-test of the current all time high of $0.27 cents. If we re-test and break past $0.27 cents we'll be going back into a new price discovery phase. Just my...
AAL 2HR CHART... Bull Flag breakout AAL DT/ Swing Idea Entry: 24 Target: 24.85+ (gap fill)
We are going to be testing the upper resistance line of the falling wedge soon. If we break the upper resistance line and stay above the 50d MA then it's bullish. If we get rejected at the upper resistance line, and cross below the 50d MA, then we are probably going to stay within the falling wedge for a bit longer
RCL is looking strong as travel and reopening trades are back in play here. We're looking for a break out of this resistance, which we already saw last week. A green candle close above this level would indicate a move back up to the highs - PT 95.5, resistance at 92 a d gap fill from 93-94, ultimately targetting low 100s before May. SL set below 87.8, a key...
Looks to be holding the bull flag indicator. Stop loss is at the volume support node, but since this is a reopening play I doubt that is too much of a concern. Targeting 45 before April Op-ex but could extend higher. June 18th 45calls have significant flow, so that may be the option play.