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Airlines

UAL United Airlines Pre Earnings LONGUAL has been in a persistent trend up for a couple of months after great earnings were reported in early May with another due on July 19th. The airports have been quite busy with vacation travel and UAL has been part of that action. On the 1H chart, price has been supported by the mean VWAP and has oscillated to the one standard deviation line above that. I see a target as 56.80 where the the second deviation lines above the mean aVWAP while placing a stop loss just under the blue line of one STD above VWAP. The price is below the POC line of the volume profile which should act as a magnet pulling the price higher. The MACD indicator shows 4 the lines in parallel and above the zero horizontal line with a positive histogram. The relative volatility indicator shows sufficient volatility to support momentum trading. I will take a long trade going into earnings. I will do this with ten call options contracts with a strike at $57 expiring on July 21st. On the last trading day, this contract had a low of $ 0.95 and a high of $1.32 for a range of 35% in a single day. I expect similar price action as the earnings date approaches. I expect to pay about $1320 for ten contracts and the profit expectation is 100% over the next 10 trading days.
NASDAQ:UALLong
by AwesomeAvani
2
DAL - Caught fire. Been meaning to post this chart for a while. Another example of why trying to catch the bottom is fools gold. Most of the action happens after the confirmation, after buyers show up. I have been bullish on the airlines since march and got in early around 32...when it went up to 36 and continued to go lower, I cut the position, but kept this on close watch. as it tested the 200DMA, I opened a started and kept adding as it continued to show strength. I got the full position on 06/05 on the backtest of the support. Since then, it has been on tear. Overall sector has been on fire since, but Delta and UAL are likely to do well over next few years. Likely to slow down from here to 50, and maybe pullback. No reason to guess, just continue to ride it until it stops to work.
NYSE:DALLong
by CheelooTrader
Hitting LowsATSG is sitting right now at the $15 price point which we have not seen it trade around since back in March of 2020. With price back at this low range, analyst are still holding their price valuations of around $22-$27 making this a favorable target for long term portfolio growth. The last two earning reports were more on the negative side although the company has shown before its ability to be able to generate revenue historically. Having hit highs of just under $35 at the start of the year we can start to see where the peaks and valleys of this range will be.
NASDAQ:ATSGLong
by AirMarketGroup
Resistance at 220Since we made it up into the range between $200-$220 we started to see price experience significant resistance to being able to break beyond this level. Right at the start of the year after a long rally near the back half of last year we have seen completely sideways markets. With the last few month starting its trend downwards we can potentially see some retracement of the rally that we saw at the end of last year. Since breaking below the most recent trend level, looking to see if price continues on the current bearish momentum.
NYSE:BAShort
by AirMarketGroup
The benefits of JETSWith all of the various airlines having such similar patterns of movement JETS lets you be able to not get the same risk of the higher volatility that comes with holding each airline individually. With that being said there is less spikes in price action here which can also provide a more stable trading environment. When I look at the ETF JETS I have a general more bullish bias over long term as I believe travel trends will only increase in the next coming months with summer starting up now, we can expect to see those revenues reported by end of Q3.
AMEX:JETSLong
by AirMarketGroup
Unclear Expectations AAL - A positive earnings report from last quarter was soon clouded by government pressure to now provide support for stranded passengers could put airlines once again in the crosshairs of regulations and high cost of doing business. Looking for a more sideways to bearish outlook for the next few weeks as there shows to be weakening confidence over time in combination with no pressures for changes in their business. Not to say that the changes may pass as there are many things in place already such as travelers insurance that people can buy to protect themselves should there be any troubles in your journey.
NASDAQ:AAL
by AirMarketGroup
ERJ Short - Exceeded TargetERJ recently announced their earning reports which showed to be much more negative than expected. Even as price started reaching up towards the 2.618 fib level we start to see selling volume pick up. Initially I was just aiming to look at the 10% retraction but we saw that just before earning report. We are seeing continued negative push starting the week to the next floor. The next major level to look at will be right around 12.75 price target based on the negative news and current market conditions for ERJ.
NYSE:ERJShort
by AirMarketGroup
American Airlines Group: The Best Stock to Buy Right Now?The pandemic hit the airline industry hard, with many companies filing for bankruptcy or struggling to stay afloat. However, one company that has managed to weather the storm is American Airlines. Despite facing unprecedented challenges, American Airlines (NASDAQ: AAL) has survived and emerged stronger than ever before. So if you’re looking for a smart investment opportunity in these uncertain times, read on to discover why investing in American Airlines could pay off big time! A new and strong weekly demand imbalance trading at $12.85 per share took control last week, in April 2023. The strength of the impulse is important. This is a long-term investment opportunity for American Airlines (NASDAQ: AAL) stock.
NASDAQ:AAL
by AlfonsoMoreno
1
JET2 PLC ORD GBP 4H LSE AVIATION SECTORJET2 PERFORMING WELL OVERALL SINCE THE COVID CRASH, STRUGGLED TO BREAK PAST THE 3 YEAR RESISTANCE OF APPROX 1403 ON A NUMBER OF OCCASSIONS, RISING WEDGES TEND TO BREAK TO THE DOWNSIDE 68% OF THE TIME, FUNDAMENTALS ARE BRILLIANT ON THIS ONE. NEW TRAINING CENTRE AND AIRCRAFTS PURCHASES. Jet2 Plc Market Data TIDM JET2 Ticker Code JET2.L ISIN GB00B1722W11 Currency GBX Issue Country GB Sector Ticker NMX2770 Year End 31-Mar-2022 Shares in Issue 215m Market Cap. £2,802m Market Size 2,000 PE Ratio -8.878 Earnings -147.00 Dividend 3.00 Yield 0.230% # of Trades 700 Vol Sold 219,018 Vol Bought 96,967 52 Week High 1,394.50 52 Week High Date 08-Mar-2023 52 Week Low 637.40 52 Week Low Date 13-Oct-2022 JET2 Fundamentals Standard IFRS IFRS IFRS IFRS IFRS Millions Millions Millions Millions Millions Income Statement 30 Mar '22 31 Mar '21 30 Mar '21 31 Mar '20 30 Mar '20 Revenue 1,231.70 395.40 395.40 3,584.70 3,584.70 Operating Profit / Loss (323.90) (336.10) (336.10) 184.60 184.60 Net Interest (66.00) (34.60) (34.60) (37.60) (37.60) Pre Tax Profit (388.80) (369.90) (369.90) 147.70 147.70 Post Tax Profit (315.40) (299.50) (299.50) 111.60 111.60 Profit for the Period (315.40) (271.20) (271.20) 116.00 116.00 Equity Holders of Parent Company (315.40) (271.20) (271.20) 116.00 116.00 Minority Interests n/a n/a n/a n/a n/a Continuing EPS Earnings per Share (Basic) (147.00p) (151.20p) (166.90p) 77.90p 77.90p Earnings per Share (Diluted) (147.00p) (166.90p) (166.90p) 74.80p 74.80p Earnings per Share (Adjusted) (147.00p) (166.90p) (166.90p) 75.00p 75.00p Continuing and Discontinued EPS Earnings per Share (Basic) (147.00p) (151.20p) (166.90p) 77.90p 77.90p Earnings per Share (Diluted) (147.00p) (151.20p) (166.90p) 77.80p 77.80p Earnings per Share (Adjusted) (147.00p) (151.20p) (166.90p) 77.90p 77.90p Dividend per Share n/a n/a n/a 3.00p 3.00p Millions Millions Millions Millions Millions Balance Sheet 30 Mar '22 31 Mar '21 30 Mar '21 31 Mar '20 30 Mar '20
LSE:JET2
by TechnicallyBullish
United Airlines (UAL): Buy the DipUnited Airlines (UAL) stock recently dipped over 20% as a result of poor guidance for Q1. The company over estimated for Q1. However, United is positive for Q2 based on bookings. So, if they were to lower guidance for Q2 and the rest of the year, I would say the sell off might be justified. However, that is not the case. UAL's EPS projections remain $10 to $12 for the full year. So, this is a buying opportunity in my opinion. The technical perspective shows the stock near an oversold condition on the daily chart RSI. The price could dip further to the next support level in the $30s, but it might find a bottom around the current level in the low $40s. Check out my link below for a full article.
NASDAQ:UALLong
by Zman1175
MESA | Great Long Entry | AirlinesMesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc. that provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. It also engages in leasing aircrafts to third parties. As of September 30, 2021, the company operated a fleet of 167 aircraft, which include 153 owned aircrafts and 14 leased aircrafts with approximately 507 daily departures to 129 cities in the United States and Mexico. Mesa Air Group, Inc. was founded in 1982 and is headquartered in Phoenix, Arizona.
NASDAQ:MESALong
by DivergenceSeeker
2
HA | About to Take Flight | LONGHawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. The company provides daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Seattle, Washington; Portland, Oregon; Phoenix, Arizona; and New York City, New York. It also offers scheduled service between the State of Hawai'i and Austin, Texas; Boston, Massachusetts; Orlando, Florida; and Pago Pago, American Samoa. In addition, the company provides daily service on its Neighbor Island routes among the four major islands of the State of Hawai'i. Further, it offers scheduled service on its international routes between the State of Hawai'i and Tokyo (Narita), Japan, Osaka, Japan; Sydney, Australia; Papeete, Tahiti; and Seoul, South Korea, as well as operates various ad hoc charters. Hawaiian Holdings, Inc. distributes its tickets through various distribution channels, including its website hawaiianairlines.com primarily for North America and Neighbor Island routes, as well as through travel agencies and wholesale distributors for its international routes. As of December 31, 2021, the company's fleet consisted of 19 Boeing 717-200 aircraft for the Neighbor Island routes; 24 Airbus A330-200 aircraft; and 18 Airbus A321neo for the North America and international routes. Hawaiian Holdings, Inc. was incorporated in 1929 and is headquartered in Honolulu, Hawaii.
HLong
by DivergenceSeeker
1