AAL trade ideas
$AAL American Airlines Bullish Above $14.50
Previous resistance held today at $14.30
Potential entry above $14.50
Target level $16.50
Stocks rallied today as a result of the ABT Covid Test news release which may make air travel more popular.
AAL American AirlinesContinues bullish move. Target ~16 for 3rd wave. Wave 2 bottom could be in now. Get more bearish under ~13
AAL - Airlines May Be Waking UpJust sticking to TA at the moment for this one as their are plenty of Fundamental reasons not to touch the airlines just yet.
TA:
AAL seems to have found support around that $10 area. We're looking at that 200ma in white to see if the stock gets stopped or if it rips through. Watching closely.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise
$AAL - Very close to an important testing pointPOC in support near 11.5 - 11.6
Good luck for long or short.
Not for any advise, Just an a viewpoint.
American Airlnes: long possitionHey Guys! I've been watching this stock for a while and it seems that it has reached its bottom. Besides, the situation with coronavirus is coming to an end in the future so when travelling normalizes this stock could shoot up.
The chart shows us that the price is in the limit of the moving average line (100) and the Fibonacci lines are quite unclear, either can the stock drop a little bit or it could start rising.
Apart from this, the fundamentals show that the stock is quite undervalued so it could mean a buying opportunity. The only problem could be the insolvency risk of the company due to the harsh economic situation that we are living in.
Hope you like it, comments are always welcome!
AAL American AirlinesAmerican Airlines overshot target by $0.25 with a weird spike move. Counting that as a top. Correction looks to be over soon or over now. Leaning towards a bottom around ~12.50 but this move off of the .618 extension has promise.
AAL: Continuation PatternContinuation Pattern
TP 1 = 13.37
TP 2 = 13.89
TP 3 = 15.1
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AAL American AirlinesLooking to see a reversal soon if bullish. close to my target for wave C right now
AAL American Airlines Group | SWING - 21. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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AALIf we can hold above the purple line we can see retests on the green dotted lines. Market Cipher B signaling it’s really overbought and could have some potential pumps coming soon. However I would wait until Monday to use his technical analysis. I would not rush anything on a Friday
AAL AnalysisNASDAQ:AAL
AAL is setting up nicely to jump back to the $18 level, but be cautious. A break above $15 would be bullish to the 18.30 TP, but a break below 12.60 and AAL could revisit 11.60-11.40 PT
American Airlines Count UpdateExpecting bottom in an A soon with a bump up and more correction to come. Impulse up off recent bottom looks nice
Double bottom?We need to wait for confirmation of the double bottom and after confirmation there should be growing trend for short time
American Airlines - $AAL Checking back in with AAL to see how it's looking.
It's been a rough couple of weeks for the Airlines. Apart from record low revenues, the Airlines face another hurdle that's quickly approaching. Airline carriers are prohibited under the terms of $25 billion in federal aid from laying anyone off until Oct. 1. Under the Worker Adjustment and Retraining Notification Act, employers are required to notify staff about possible layoffs or temporary furloughs generally 60 days in advance and have already begun doing so. It's not a guarantee that they will lose their jobs but it is a warning that it may be possible. We're also watching AAL earnings expected around 7/23 this month.
TA:
AAL is breaking out of a descending wedge. We could see a nice a pump here. I would look for resistance at the 50 and the 200 MA. We like $14.29 range for a possible quick swing trade.
Hit us with a like and a follow for more updates. Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
New trend for AAL?“Go” flag on American Airlines!
The current bar of GoNoGo Trend has painted a Go flag. If this holds for the day that would represent a trend change. However, be prepared for a pullback in the near time and look for a consolidation at this level for there to be a further rally.
This is because the GoNoGo Oscillator is overbought as the color changes above. Also, the change to a “Go” trend has pushed price above a level of resistance that we will need to see act now as support.
What are the GoNoGo Indicators?
The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish)
The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
