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.
Industrials
PI INDUSTRIES ANALYSIS!!RSI INDICATOR: is something which says the actually part of the price should be placed.
cups and handles is a very bullish price pattern formation.
and top of that, if rsi indicator is forming such pattern, then to speak on to it, the stock is a very great stock.
i have check the fundamentals. the rations, sales analysis are very greatly performing.
the two black line are the trend formation after the corona 2019 crash.
and blue line is the old trend.
the stock did gave its all time high recently. its possible to go more higher, since there is no drawback, or major risks associated to this stock.
recent quarters too outperformed from the analyst projected estimates.
great stock for swing trading and long term .
9/18/22 LNGCheniere Energy ( AMEX:LNG )
Sector: Industrial Services (Oil & Gas Pipelines)
Market Capitalization: $41.776B
Current Price: $167.25
Breakout Price: $172.15
Buy Zone (Top/Bottom Range): $164.15-$151.00
Price Target: $195.90-$197.30
Estimated Duration to Target: 56-59d
Contract of Interest: $LNG 12/16/22 170c
Trade price as of publish date: $13.90/contract
Trouble Ahead For DeereTechnicals: This is not at all a perfect short setup solely off of the technicals. With that in mind, some clear signs of weakness can be seen in DE's weekly chart. One such sign was the new lower low formed at around 285 in July, which broke DE from its previous trading range of around 310-400 a share. Deere's recent bull rally since July's new low I find to be relatively weak due to lower volume. MACD (momentum) on the weekly has sustained a bullish cross. Monthly MACD is still positive yet a bearish cross has occurred. While the MACD on the daily timeframe is signaling a relatively strong uptick in momentum on the shorter timeframe. Despite the bullish momentum on the daily, the longer-term momentum indicators are signaling that there will be a sustained period of underperformance ahead for DE.
Fundamentals: Earnings for DE are on the 18th. P/B ratio of roughly 6. P/S of around 2.5. Debt to assets of 2.6. These all appear to me a bit weak. That being said, Deere's profit margins have expanded quite nicely over the last couple of years. I am not very excited about their margin growth, as I see global inflationary pressures providing headwinds for Deere's intermediate-term profitability. Overall, DE is an overvalued stock with little potential for further upside gains in my opinion (especially with the global macro picture steadily deteriorating).
Prediction: I do believe the short-term momentum will carry DE up to the 378.32 resistance, likely before earnings are announced on the 18th. Earnings will be a major risk event for DE traders. Should earnings come in higher than expected DE could easily rally above 378.32 and into 398.36 territory, possibly even higher (just look at WMT and HD's price action after their beats earlier today). If Deere comes out with disappointing earnings and/or worrisome guidance we should see a sharp sell-off, ultimately causing a move that allows for a retest of support zones in the 316.71 to 277.09. Earnings risk is something I generally avoid when trading, but the risk to reward for adding a DE short position at the moment almost looks too attractive to pass up. With earnings coming in so soon, it is hard to give a decisive prediction. That said, I will fall back on my underlying thesis, that Deere is overvalued and is facing technical and economic headwinds. I expect to see serious volatility in DE trading over the coming weeks, which eventually will lead DE back down to the 285 low, possibly even grinding into new lows testing support of 236.59.
As always this is not financial advice. Good luck!
$BW ~ Interesting after correction...Beautiful EW structure and now that a five wave structure on the upside, we should have the direction of the trend. Will need to wait for correction to complete then maybe a interesting opportunity in the industrial sector.
BASF SE (BAS.de) bullish scenario:The technical figure Triangle can be found in the German company BASF SE (BAS.de) at daily chart. BASF SE is a German multinational chemical company and the largest chemical producer in the world. The Triangle has broken through the resistance line on 27/05/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 8 days towards 53.32 EUR. Your stop loss order according to experts should be placed at 48.62 EUR if you decide to enter this position.
German chemical group BASF (BAS.DE) warned it could be hit by the fallout from Russia's invasion of Ukraine and counter measures in China to curb rising coronavirus infections. However, the world's biggest petrochemical firm's margins jumped as it benefitted from passing soaring raw material costs to industrial customers.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
bbig overbought hourly (bbig)its interesting to think this stock could be worth over $5 at some point when not long ago this thing was chilling in the low $2s.
theres no technical indications that the bull trend is over for the hourly picture, but oscillators are saying it is overbought
if we keep cloaing hours above aavwap/vwma and the .382 i dont see anything wrong with targeting $4.48
that being said the .382 is a reasonable short target
$ZIM: Zoom w/ ZIM?Industrial / shipping company ZIM is setting up nicely for a run as the market has continued to build value
$APG: Safety First!Industrial stock APG is showing a potential weekly breakout as infrastructure looms. The bill's passage hangs in the balance however this company can still be good for the patient investor with an ESG mindset. Good luck trader!
Buy $LMT - NRPicks 24 SepLockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration and maintenance of systems. It operates through: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.
Revenue TTM 66.8B
Net Income TTM 7.1B
EBITDA TTM 10.2B
Net Margin TTM 10.8%
EBITDA margin TTM 15.3%
P/E 13.39
P/S 1.43
Dividend yield 3.2%
YM - Daily / Weakening StructureLower Price Objective Front Run on Friday's Close.
Pinned to Expiry.
Lower 35100 Price Objective in Trade.
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DOW leading is never a good sign.
It is now in a 13/13 Count with a great many Gaps
below all the way down to 28.212.
34,200
33,700
33,100
31,013
The Larger Weekly TF POs.
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Traders find this difficult to Fathom.
It will depend on ob the Larger Count Structure we indicated
a few weeks back with respect to 4/4 complete or 3/3 Completing.
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$PLD: Infrastructure Super CycleIndustrial REIT name PLD is one of our topic picks in the real estate space to gain exposure to the infrastructure boom. Potential risks in the market could lead to a run in defensive sector names benefiting PLD.
CMC - Infrastructure Bill Fueled Breakout - Industrial SteelNYSE:CMC - this company is in the correct sector to directly benefit from the infrastructure bill. It is forming a Cup basing formation. If the market reacts positively to the news of the Infrastructure Bill getting signed, the vertically integrated steel producer stands to benefit from all of the national construction products that will ensue, especially if the administration keeps its promises about using domestic materials and labor.
Basing Formation: Cup - depth ~22% - duration ~ 14 weeks
Pivot Point: $36
Target: $40
Stop Loss: $32.5
PRN - Bullish Setup, wait for break PRN bullish on charts on multi time frame.
Points to consider
1. Price above 20 D SMA
2. Price above 20 Week SMA
3. Price above 5 Month MA
4. RSI Bullish on Monthly and Weekly MA
5. RSI looking for support on the Daily TF to reverse up.
6. Nice consolidation on Monthly charts
7. Price trading in a nice range for the last 8 months and setting up bullish structure with Monthly RSI not overbought
Price near All time highs and crucial RSI zones on daily charts, bullish structure.
Look to buy dips in the daily channel for a swing with good RR and look for channel break
Potential in BoeingBA hasn’t participated much in this bull market recovery. Impacting them are political risks with China continuing to halt repurchases of the the 737 Max for domestic travel use. Imo R/R is favorable for longs at current levels, with much of the negative news already out and factored into the market. It might just be time for BA sooner than bulls and bears believe...
Follow-up on UAL reversal: triple bottom confirmed todayBearish price action of UAL has been on my radar for a hot minute. Long-term support held in mid-July, followed by a break from the channel. RSI divergence suggested a possible reversal, leading to a second bounce at the long-term support. We now have the third bottom at this ascending support, a bullish signature. We can now see the enclosing triangle and extract a price target of $51-$52. It is crucial that the $44 support remains uncompromised in the coming days to validate the pattern.
Shipping - GNKModel has given entry signals for Genco Shipping & Trading Limited:
- "Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of February 24, 2021, the company fleet consisted of 17 Capesize, 9 Ultramax, and 15 Supramax with an aggregate capacity of approximately 4,421,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York." - Yahoo
- We expect a boom in the shipping and freight sector with the pandemic backlog, and nations increasing their industrial production to meet new initiatives.
- We are very excited about opportunities in the commodities and shipping sectors, as we believe a macro turn is approaching in the nearest future.
- Technically has broken out of a channel, it may retest the median line, which will provide an entry, and is possibly finding a new channel top.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
$KNX: Another leg higher for this trucker post infrastructure?KNX is setting up here with a really nice long term base, cracked the 50 level last week. Was that the level it needed to make another move higher? Time will tell. Following IYT as well and the possibility of it bottoming, if it does, we should see significantly higher prices here
AMAT running out of steamNASDAQ:AMAT has been seriously testing its dynamic support through last weeks earnings report, but has not yet posted a full daily candle beneath. Still, that support has been functionally invalidated by 4 successive candles poking through. In my opinion, a new technical structure is therefore forming. How price action respects the MA200 and/or key supports in the 115-120 range will help define the new channel and pattern.
The largest potential drop (excluding external catalysts) could be to the 118 level, i.e. at the confluence of the MA200 and 19MAY low.
Longer term, NASDAQ:AMAT will continue to post blowout earnings, which should lead to new ATH in late 2021/early 2022. In the meantime, we may see it continuing to trade on the lower side of FMV with a weak upward trend.
The History of the DowThis chart illustrates the enter history of the Dow Industrial Average and the characteristics of different time periods.
Turning point for UAL?Price action ending 19AUG presents an interesting scenario for NASDAQ:UAL . First, there is clear price divergence with RSI, a bullish indication. Today's candle suggests a (crucial) third touch on a dynamic support level in the 43.00 range, suggestive of a possible upward bounce. Finally, today's candle also presents a double bottom against this rising support level, again a bullish indication.
My positions in NASDAQ:UAL have been hammered in recent months, but I'm guessing that eventually the momentum will change direction. Today's candle simply presents one scenario for that change.
Is Ingersoll Rand Breaking Out?Attention has focused on growth stocks for the last two months. Now could be the time to return to industrial names like Ingersoll Rand.
The manufacturing conglomerate has gone nowhere for over five months. However it made a series of higher lows since mid-June while holding below $49.50. The result is a bullish ascending triangle, which now appears to be breaking.
That zone has additional importance because it’s also the location of the 50-day simple moving average (SMA). Bollinger Bandwidth has been toward the narrower end of its range as well.
The news flow could be positive for IR because earnings, revenue and guidance beat estimates last week. Congress is also near passing an infrastructure bill, which would mostly favor industrials.
Speaking of industrials, a strange thing has been happening inside the sector: Some of the biggest names like United Parcel Service and Boeing have struggled for their own reasons. But many of the smaller names that track general economic activity – like Carrier, Otis and TE Connectivity – are jumping. IR fits more under that second group.
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