As the Great American Wealth Transfer happens, people are using that money to travel more (after all, few can afford to transfer that wealth into real estate). Airline data show passenger counts are increasing rapidly and with airfares expected to rise, this sector is likely to go through a long-awaited boom cycle.
Those following me know I am heavily long in airlines, cruise lines, and travel companies. With today's dip, and the long-term historical moving average starting to show upward momentum, American Airlines
AAL is in a personal buy zone at $13.34. A further dip to $11.00 to close the daily price gaps is also where I will be adding more.
Targets:
Those following me know I am heavily long in airlines, cruise lines, and travel companies. With today's dip, and the long-term historical moving average starting to show upward momentum, American Airlines
AAL is in a personal buy zone at $13.34. A further dip to $11.00 to close the daily price gaps is also where I will be adding more.Targets:
- $15.00
- $18.00
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.