Potential long on AAL. Currently sitting at near the major all time lows. There is a clean double bottom formed in the end of 2019 and there is a slight upwards trending chart now. If holds this position and earnings are strong that we can look for the stock to make a new push back towards previous highs.
TXT is scheduled to release earnings this week. Textron had a great year of releasing new models and receiving new orders. Their used aircraft sales continues to be some of the largest in the industry. Although there was an accident in a factory this last quarter optimism for the company i believe remains strong.
Earnings to be released later today. Expecting some volatility in price today moving into towards the last hour of the day. After Hours market will aid in determining what the outlook for united will be. With weakening indicators there is potential for continuing of the consolidation in the sideways trend,.
Been trading Heico for a few week here before earnings. Being that their biggest customer is Boeing and they are announcing potential halting of production. My personal opinion on Heico is looking Bearish
Rejected 400 level. Major Whole Level. Tested again and created new support level which has pushed up nicely from. Overall in strong up trend with potential of breaking above $400 if fundamentals remain strong.
November Started off with strong buying volume for Uber. The IPO dropped quickly on open and has yet to show major gains. Looking at the increase in trading volume could be indicator that this price level is more attractive now to institutions.
Clean price action testing between the range. We have tested near the top and wicked downwards with 4 bearish candles consecutively. Holding tight risk management in the event of price pushing higher near higher resistance level.
Trade tension has brought a lot of uncertainty with cargo airlines in the recent years. Until there is clear resolution there will continue to be volatility in the stock. Potential rejection on trend line back down from resistance as new lows continue to be made.
Strong fundamentals over last 10 years of company. Consistent and solid technical indicators showing towards continuation of upwards trend. Currently near all time high so there is great risk to the downside on this.