Alaska Air Group, Inc

MattPeacock23

Nice move today in airlines and other industrials. These have consolidated for a while and I have enjoyed accumulating it for clients. They reduced their debt by $800M+ in 2019 DURING COVID!! Amazing company. Has room to run into the 70s into next year.

MattPeacock23

Airlines should benefit next year as business continues to get better. There's only 3 airlines I would buy right now though. DAL, LUV and ALK. ALK reduced its debt by over $800M DURING COVID. Amazing management is the only way to make that happen. Price targets that I have seen are in the 70s - 80s.

cloudseatplanes

all airlines following the same pattern. I'm not taking any positions right now but buying puts/shorting seems like a good idea

lauralea

ALK appears to be in a rectangle. Price is under mid rectangle (MR). Rectangles are horizontal consolidation zones and can be long term patterns. They are neutral until a trendline is broken with a confirmed trend in one direction. Mid rectangle is often used as a stop in either direction. Some swing trade inside the rectangle but this can be risky since it...

Gelium

The range resistance level could be broken upwards with the minimum target level around 85.

emehoke

I don't know what it is, but I can't reach a conclusion on this. I really feel like I should be a buyer, but something is messing with me. Too many rules, not enough rules. Not really sure at the moment. Hate this feeling.

emehoke

Not looking to trade in the near future. I think the 1-5 elliot waves here are highly textbook. For me, the correction is where a lot more uncertainty becomes involved. This can be seen with just how many different types of correction formations there are, as opposed to the 1-5 wave which is fairly universal. I feel like I am still guessing a lot with the...

leJONdary

CONTINUATION: DB50 TYPE-A

lauralea

ALK has pierced bottom trendline of a rising wedge but seems to have found support. ALK has fallen from a few rising wedges and never falls very far before continuing up. Not quite to long entry level but trying awfully hard. I saw this a week or so ago but the rising wedge made me wait. Red Long legged doji candle tail points to possible support. There is a...

TRADER-WANNA-BE

ENTRY: 67.76 TP1: 73.26 TP2: 82.99 SL: 63.50 - ADX>20 - RSI<65 but >50. Uptrend still intact. - Broke down-trendline in early Feb 2021 - RS and FFI +ve - Weekly MACD +ve - MAs aligned

motleifaul

I am buying a running stock.

motleifaul

We have reached a certain retracement level aready but the good rise today disregarding the little candle body yesterday gives hope for further rise.

samitrading

***Based on analysts offering 12 month price targets for ALK in the last 3 months. The average price target is $62.57 with a high estimate of $74 and a low estimate of $54 Analyst Firms Making Recommendations B OF A GLBL RES COWEN & COMPANY DEUTSCHE BK SEC JP MORGAN SECUR MORGAN STANLEY RAYMOND JAMES SEAPORT GLOBAL STIFEL NICOLAUS Selling over 1000% than buying...

dobisa

Let's go

Correction

Been following this for a few days. Looks pretty close.

Sunstorminvest

Happy Holidays By Sun Storm Investment Research A Profit & Solutions Strategy

tonytate89

This is an index I have created to track airline stocks. It is equally weighted and includes: BA - 1 share AAL - 15 shares UAL - 5 shares DAL - 5 shares SAVE - 9 shares ALK - 5 shares LUV - 5 shares JBLU - 16 shares

lauralea

Inta-year cup and handle pattern.. The yearly C&H would have a break out over prior yearly high which is 70.41...a ways to go! There are no rising wedges in the yearly chart...pull back is always on the horizon C&H pattern targets are calculated using the depth of the cup. Just an observation...placing your stop in a safe place is always a good idea..like...