BKNG is an expensive stock; it id not get that way being a slouch. Summer travel is sixty days away. The 2H chart shows the highs of February followed by a paradoxical fall with good earnings. Traders wanted better. Price fell past the Fibonacci support zone and into the lower VWAP band lines. Fundamentally German regulators are suing BKNG for some issues...
JETS on the reliable daily chart is in trend up since last fall which followed a trend down during the spring and summer. Travel stocks are booming here and there including TCOM (Trips.com) in China. The airlines have high volumes and are competing on price and perks. So are the cruise lines. This ETF is a way to capture some profit from the trends. If has...
RCL took a bit of time to recover from COVID but has now done well. The dialy chart reflects this. Last year price rose in the winder and spring then fell when the summer ended and reversed upside in November. Ir is now in a rising wedge and price is at the upper trendline. It is confluent with the second upper VWAP band line suggesting not much room upside...
Booking Holdings (BKNG) almost touched the 1D MA200 (orange trend-line) for the first time since December 30 2022, and reacted with a strong 1D rebound yesterday. That was also at the bottom of the 14-month Channel Up pattern. With the 1D RSI breaking below the 30.00 oversold barrier on Friday, this is technically the best buy opportunity since the Channel's first...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
Southwest Airlines has been going through some turbulence with recent flight rearrangement issues, but for the most part has smoothened out all issues regarding flights. Air Travel Demand is still thriving and growing exponentially, respectively. Southwest is a leader among a few others in Airline Stocks as they have High-Quality Management & Great Financial...
Breaking out of the trendline on a decent volume. Needs more push to clear the overhead supply and test 24. I think a pullback there and breakout would set this long term. Note: these are 3 Day charts, so my confidence and comfort level is higher. Regardless stop has to be respected. Disclaimer: Started a position today. Will add as long as 11 EMA is held.
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...
Booking Holdings has booked a room in our dark green target zone between $2939 and $3096 and should reach this destination via wave b in gray. During its stay, the share should establish the distinctive top of the current movement and then leave its dark green lodging on the southern side, heading for the support at $2456. However, there is a 30% chance that wave...
United Airlines has been going sideways for 2-1/2 years, but now it may be getting ready for takeoff. The first pattern on today’s chart is the series of higher lows over the past month as prices remained below November 11's closing price. The result was an ascending triangle that UAL escaped yesterday. Next, Bollinger Band Width narrowed last week to its...
Marriott has gone essentially nowhere since the pandemic began almost three years ago. But now the hotel giant could be getting ready to move. The first pattern on today’s chart is the tight consolidation over the past three weeks. Notice how MAR has stayed above its 200-day simple moving average (SMA). It’s a change from August and September, when prices were...
Daily consolidating in a bull flag for wave 4. We will likely see new highs on this name, followed by a big pullback soon. 179.32 breakout level with a target of 183 187 where we can see some fresh pool of sellers showing up and pushing the price down back into 150s.
American Airlines has struggled for years. Could it now regain lost altitude? The first pattern on today’s chart is the falling trend line along the highs of May, August and September. The carrier pushed through that resistance last week and has now bounced at it. Has the line become support? Next is the recent low around $12. This closely matches the 78.6...
TUI is having hard times!! We will need some more power upwards to get into the old range!!!
NYSE:CCL $325K in premium traded for $9.5 strike calls for Friday September 30th 2022 expiration traded today. Unusual Activity for $9.5 calls about 28,000 contracts traded throughout the day @ approx $0.25 per contract (Above Open interest of only 3200) Carnival Corp earnings date is 09/29/2022 Thursday Stock is at an interesting price level. If stock price...
📊 Script: Indian Railway Catering & Tourism Corporation Ltd 📊 Sector: Railways 📊 Industry: Travel Agencies 📈 IRCTC is giving breakout of ascending triangle on a 15 Minutes time-frame. 📈 Right now RSI is around 65.
Boeing (BA) has been on a strong rise ever since the June 14 Low, with the 1D MA50 (blue trend-line) supporting. This trend is approaching its most important long-term test as the Resistance Zone formed by the 1D MA200 (orange trend-line) and the 1W MA50 (red trend-line) is just above. This Resistance Zone has rejected every break-out attempt since August 17 2021...
I like the company overall. And it just hit an all time low. I already own a lot of shares, so i am interested in averaging my position. I have 2 different strategies or entries. 1- Above 98 2- At 87.60 (lows) Ideally we should wait for a break of the trendline. But it is looking like we just made a new lower high, so it could be reversing already