Airlines bullish✈️ SPIRIT AIRLINES ✈️
Bought some at 17.3$ yesterday. Already 1$ plus. Nearest target is at 25$, but if you would like to hodl, than ~32$ is your target. From current price approximately 80% profit and up to 100% from buy zone.
🛒 Buy zone 16 / 16.5 / 17.2
Airlinesstock
Corora Airline- Southwest (LUV) BUY Airlines provide high reward but with a high risk to take advantage there are certaim combination of trading methods to provide better opportunity
Southwest(LUV) is the only airline that as of today with positive cash flow(2.96 Billion). Spirit Airlines(SAVE) is classify as a cheap convenient airline books only have -2.79 billion in debt(This can be forgiven or refinanced overnight with gov aid)
Target and stop in graph
LUFTHANSA: TOO BIG to FAIL,Trade it!FA:
After receiving a bailout from the German government, Lufthansa proceeded to rally but was not able to take out resistance and has thus retraced to the lower 8-9 zone
Restrictions have been lowered and travel within Europe is now picking up again; with the Business travelers being one of the main customer groups for Lufthansa
Budget airlines are set to suffer due to Corona Virus flight regulations, thus airlines such as Lufthansa are a good buy
TA:
Following an Upward trend and is following Fibonacci levels; if we break the level on the next proceeding run especially if the actual earnings are higher than the estimate; it could be enough to rally above the lows since the beginning of the outbbreak
Set Stop Losses below the trendline and below the support levels to prevent being stop hunted
-Megalodon Whales (Rahim)
Trade safe and you are welcome to comment with your opinions or post your ideas below :)
XETR:LHA SWB:LHA
TUI AG There is a lot of profit margin to reach the upper imbalance. This is a stock we are currently buying and have enough to risk to make the position risk free now after charges.
Technically we have two very strong supply zones.
Here the sell off was due to fear of the coronavirus effect.
The airline industry has majority of which halted.. however the cheap price has now offered lows of 1999, so a great opportunity as destinations open up.
Good luck in this trade
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Look Up Into The Sky - AAL TARGET UPDATEWhat we have here is as typical Wedge pattern with the (E) wave ending at around 11-10 USD.
To confirm this movement we have our CCI indicator which seems to indicate that its losing steam on the downtrend.
And to all the haters saying the airline industry is gonna go bankrupt. The federal loans disagree with you.
If you want to buy, now is the time.
SAVE: Strong Fundamentals, Bullish Technicals 1W (Jun. 19)X Force Global Analysis:
In this analysis, we take a look at Spirit Airlines, a company leading the ultra low-cost carrier business in the US. We explore the company's fundamentals, as well as its technicals to assess its bullish probabilities.
Fundamental Analysis
- Spirit Airlines (SAVE) has shown an extremely steady growth over the past years.
- Their revenue and net profit showed a steady increase throughout time
- However, as with most other airline companies, Spirit Airlines was also heavily hit by the Corona Virus (COVID-19)
- As a result, they have underperformed in terms of quarterly eps, in Q1 2020
- Nonetheless, as the stock market continues to bounce strongly, and the effects of the virus begin to mitigate, we see signs of a continued bullish rally
- With businesses slowly returning back to normal, given that Spirit Airlines' financials remain intact with the current upwards trend, we could anticipate higher returns this year, compared to last year.
Technical Analysis
- Technically, the stock is extremely oversold
- It has broken through the historical support at $33.13, testing new lows
- However, as it dropped so severely, it has dropped in a choppy manner, creating multiple gaps on multiple time frames
- The easiest to spot and refer to are the gaps on the weekly: there are gaps at $10.74, $40.42, and $51.95
- Prices have been trading under the Ichimoku cloud, indicating a bearish trend, for over a year now
- We have two significant resistance lines: the short and long term descending trend line resistances marked in a dotted red line
- The Relative Strength Index (RSI) is forming lower highs, as prices are suppressed by an external factor - the Corona Virus (Covid-19)
- However, the Moving Average Convergence DIvergence (MACD) has formed a golden cross, with immense bullish histograms, demonstrating momentum and strength in the bounce
What We Believe
Spirit Airlines is a rather unpopular stock, with surprisingly strong fundamentals and financials. Technicals demonstrate 3 main areas of resistance: at $33 levels where the short term descending trend line and historical resistance converge. as well as the upper span of the Ichimoku cloud. The second major resistance lies around $40-42, where the previous local high at the 0.618 FIbonacci retracement remains with the price gap. Lastly, there is strong resistance around $51-55 where the 0.786 Fibonacci retracement, and price gap lie, with the long term descending trend line resistance converging. Eyeing these three major areas of resistance will help investors enter positions based on confirmations provided by the trend reacting to these levels. Should we break the final resistance, it's highly probable that SAVE moves to retest all time high levels, and possibly even create new highs.
Trade Safe.
Delta Airlines Elliott Wave PerspectiveIn this video I tried to show you guys the Elliott Wave Perspective of this Stock I hope you enjoy... Feel free to commend and ask questions
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LTM: $2.25 Price Target: High Risks = High ReturnsFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, here are a few of my insights. Currently, LTM has reached a spike after its bankruptcy protection filing. For people to say that LTM (which is at a dire financial position), will receive another spike is like listening to Johnny Cash's Ring of Fire , while on fire. It is a high risk pick, but I still think it is worth it. Realistically, I think a price target of $2.25 is imminent for a quick profit turnover. This is especially true if support continues.
published: 09/05/2020 ABOUT A MONTH ESTIMATIONBefore June it will pump up for mid-term and long-term invsting....AVH is one of the most reliable and cheap (HIGH-RISK) choices...
I think that in a year from now on it will be back to 5$ point. An about 300% profit seems not bad!