As 737 MAXs can fly soon, perhaps the airlines that have many 737 MAXs may start to earn more money.
Buy Americal Airlines NASDAQ:AAL and Southwest Airlines NYSE:LUV and at the same time sell Delta Airlines NYSE:DAL , which is not dependent on 737 MAXs.
AAL is doing great for the last 7 days. It was at its 52 weeks low and continuing its momentum, and the previous pattern shows that during the month of septemeber it will always be bullish. You can see that MACD is on a buying (I love to see it greenish) and on the daily chart, the 9 EMA start to cross the 14 EMA. However, I believe it will reach 32 levels by the...
I've gone back to simpler Trend Trading signals.
The price has crossed over and remains above the 10 day EMA with RSI crossover of 30 as confirmation.
BOUGHT 10 AAL Oct18'19 22 CALL @ 4.7
As expected, the AAL break the resistance line and it started looking bullish. It was at its 52-week low level at 24.52 price range and now look like it taking a bullish trend. I noticed that AAL will be bullish during the month of September. Today, I have ten contracts for call option.
Note: I am not a financial advisor. Please trade at your risk.
wheres the bounce? needs to bounce here or its going to get ugly... airlines across the board are green on 8/26 but this cant get out of its own way. interesting to see it hit it head on the 20 day average quite a bit. still holding and averaged down on 9/13 calls.. GL
American airlines may poised for a bullish take over as the chart shows bullish divergence and overbought. On top of that, the Falling wedge and Bullish Engulfing is taking shape as well.
Currently, AAL is trading at its 52-week low range. I believe it will be bullish during the month of September, as per the previous year pattern. I will buy, as soon as it breaks the current resistance level, if it didn't break, it may go to a level of $ 23 level. The current environment is a good buy opportunity.
Note: I am not a financial advisor, this...
Good Morning All,
I trade Long Call Stock Options.
I think AAL is primed for a bounce upwards.
It has reached a 5 year low point at 24.40 and the lower end of the channel at the same time.
These will act as support to prop up the shares.
Prediction that it will swiftly move up to ~31.
This is where it will be met with Resistance, if this resistance breaks ,...
AAL As seen in the attached weekly chart below, AAL has reached a lifetime support level triple bottom. In addition to this, the daily chart is showing some very steep bullish divergence in RSI and in the Klinger Oscillator. I have had much success playing these particular types of RSI divergences, ones where there is a steep drop into oversold conditions, a...
