AAL trade ideas
AAL- Great entry point for American AirlinesTechnically speaking the entry level seems perfect.
Fundamentally, life is going back to normal and people will start flying again more.
I am buying this today
the FXPROFESSOR
American Airlines : end of bull-run? Volumetric analysis and position management to limit risk, constantly updated, to follow my operations, always for information purposes.
As you can see we have reached a turning point, both as regards the 786 Fibonacci level, which among other things coincides with a gap created at the end of February 2020, and for the volumetric levels, i.e. the price exchanges, verified. on certain values.
26 (25.95 to be more sure) is the target.
This week there will be the Earnings, the forecasts are bad, obviously, so a positive surprise could give the final boost to the title to reach and exceed the target.
Realistically, however, AAL really seems to have run out of energy, the week just ended was further proof of that. Low volumes, unloading of the stock which then closes below the support trendline it had held since January 21.
The price space is very low, sometimes it happens that there can be 1 or 2 positive days before the earnings. We'll see.
My "stop profit" is very tight, in the area of 21.61, if it is taken it will still be one of the best trading operations of the year. (My enter price is in 15 area)
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AAL: Anti-Vaxxers Will Sink itAmerican Airlines is one of the weakest carriers based on EPS (-$5.26) and negative debt-to-equity levels. AAL even lost money in the fourth quarter of 2020 which is when air traffic had somewhat stabilized.
Smart bears like to pick on the weak, and AAL certainly fits into that category with a steady multi-month downtrend already in place.
Bulls at this time would try to throw out TA and argue that vaccinations will lead to a recovery in air traffic which will lift AAL back to profitability.
This sort of analysis is always perilous because it's subjective and assumes the market has not already accounted for the (likely surface level) analysis that you've done.
Additionally, there is a headwind that hasn't yet been covered much in the media: the issue of the anti-vaxxers. More than 40% of Americans claim they will refuse to take the COVID vaccine (various surveys), and most of them are paranoid and siloed off from the mainstream media, so any type of "education" is unlikely to reach them. If we don't even get close to 90% vaccination rates by the end of the year - the level Dr. Fauci said is needed for herd immunity - then some of the assumptions AAL priced in may be incorrect, and perhaps the downtrend is the market already realizing this. Waves of COVID variants spreading among the unvaccinated could significantly derail AAL's recovery prospects.
Really, this is all to say just go with the trend, and that trend is down despite SPY rallying to all time highs with 8 straight days of up auction. Vaccine & COVID surprises, if any, are more likely to be skewed towards the downside at this time.
Short with confidence.
Targeting the 200 Day EMA (around $18) and then, ideally, the 0 fib ($14).
AAL Trading One Pennant Setup for Another: STILL BULLISHTRading AAL is still a viable play it's just a matter of time. I lay out a few scenarios based on converging trends. It's starting to look like a Gant chart lol. We are at a crucial point exactly right now, Let' hope it holds stays over 22.50 tomorrow to remain on the trend. Any one of these trends will do to get us to a breakout... if they hold. It's just a matter of time and how long we have to hold. I show my closest date projections out to APR 27. My opinions only.
AAL Bull Put with TrendLast week rally ending gap removed aggressive supply
With higher timeframe trend Up
At ascending trendline
Not aggressive selling character, but no hourly supply removed yet either
Into a VPOC, first test
At hourly demand
At current flip zone high
Untested hourly demand defense
Able to get 19% ROI 11 DTE
American Airlines - Video Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for AAL, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
AMERICAN AIRLINES rebound approaches $28.27American airlines has been on a Long term downtrend like Singapore airlines since October of 2018. The pandemic accelerated that downtrend to a low of $8.25.
A long signal on 9/11/20 at the price of $12.70 targeted the monthly pivot at $28.27
As we approach the rebound target, the daily support will play an import pivot as an over head resistance in 27 month downtrend.
LONG TERM DOWNTREND SINCE 011018
MEDIUM TERM UPTREND SINCE 301120
SHORT TERM UPTREND SINCE 091120
PIVOT 21.23
Long position above 21.23 for 28.27 and 36.54
Short positions below 21.23 for 18.42 and 17.31
AAL gap fill DT AAL 2HR CHART...
Bull Flag breakout
AAL DT/ Swing Idea
Entry: 24
Target: 24.85+ (gap fill)
Put Debit Spread IV rank is at 7.4, with these kind ranks I like to pick direction because volatility is not against me.
Brought a Put at 24 and sold a Put at 22, with a expiration of 51 day.
How I would mange this trade is once it hits 50% profit I will be at or roll at 21 days.
If it goes against me I will roll up my sold puts.
AAL Stock 30/03/21 Analysis 4H ChartNASDAQ:AAL - Trend Analysis -
📑Value: 4/20
📈Growth: 20/20
💰Profitability: 6/20
🚀Momentum: 16/20
💸Earnings: 10/20
🖇️Total Score: 56/100
Data:
Volume 39.56M
Average Volume (3 months) 56.61M
Previous Close $22.91
Open $23.10
Shares Outstanding 639.68M
Technicals:
( Simple Moving Average )
10D SMA $23.58 (+2.28%)
50D SMA $19.79(+21.87%)
200D SMA $15.06 (+60.20%)
Market Cap $14.67B
Total Debt $41.02B
Cash $6.86B
Enterprise Value $48.82B
Revenue $17.34B
Gross Profit -
Net Income -
EPS Diluted -$18.36
Free Cash Flow / Share -$17.57
AllAm feeling bullish AF still on AAL. Have been long since 15.50. Back testing long term resiatnce it broke a week ago as support. This is huge. As long as it continues to hold I will remain bullish
AAL OutlookLooking at the Chart we have reached a weekly key level zone marked in yellow. looking for price to continue falling and retest minor support level around 17. then looking for price action to the upside to enter in for the buy. and potentially form a cup and handle.
Bearish Gartley on AAL daily with bearish divergence on MACD Bearish Gartley on AAL daily with bearish divergence on MACD and RSI. I don't short stocks. But for longs take caution reopening trade guys this could go down to 18.5 and if that doesn't hold back to C and A. NFA. Do your own DD.
Updated Target for AALI always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
$AAL American Airlines $26.00 Next Key Level
As the airlines continue to climb higher AAL hit the .786 Fib level and got rejected, a break above $26.00 is the next opportunity for longs.
The RSI is now 73 so some more consolidation may be required before breaching that resistance.
Bullish on AAL Wave 5 pump Looking for a break of this resistance and a gap fill above to complete this wave 5
potential for a big breakout past downtrend resistance?!a couple outcomes for airlines in the new few weeks/months. could get rejected at this big trendline resistance and start to fall back to 18 ish support area. or we can break top trendline resistance and continue higher towards 40s+.. whatever happens i hope you trade safe and manage risk properly ! goodluck :)
