Long $ATS flag Breakout! on the bullish flag breakout. $XTNLong NYSE:ATS flag Breakout! on the bullish flag breakout. AMEX:XTN
ATSG trade ideas
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.
Trend Line Trade Just following the trend line on this trade and letting it take me out when crossed and respecting the levels of resistance incoming in the following trade
Pullback FishingHas pulled back rather close to the yearly low of 20.33.
Bottom fishing is risky and the moving averages do not look good. The 50 has crossed down and through the 100 and the 200. The 9 and the 5 have turned up. Some refer to a cross of the 50 down and through the 200 as a death cross.
Price broke the bottom Bollinger band with the DMA set on 80. This is bearish, but very often price returns to the bands.
Negative volume is high. This one does looks like it encounters issues at the top.
Bullish divergence on RSI. Many draw the trendline on valleys to look for a bullish divergence and vice versa for a bearish divergence.
No recommendation.
Candle patterns can cause short term price changes, or no change at all. It is good to be aware of them especially for entry levels or if you are looking at tops and bottoms. Dark cloud cover for example can cause a short term downtrend and is one of the stronger patterns as far as candles go, but not always. Dark cloud cover suggests that the open, being the top of the red candle that comes second in this pattern, was above the close of the green candle, which is the 1st candle in the pattern and is the close is the top of the green candle. It needs to be a good sized green candle for this pattern to be valid. It is not bullish, as a rule, for the open to be above yesterday's close, yet the bears were able to beat price down in to the 1st green candle's body? And even worse if the red candle engulfs the green candle completely...ugh (o: Any pull back can be the end of a trend though.
Air Transport Services Group, Inc., through its subsidiaries, engages in the aircraft leasing and air cargo transportation services in the United States and internationally. It offers contracted airline operations, aircraft modification and maintenance services, ground services, and other support services. The company also provides air transportation, aircraft parts, crews, insurance, airline express operations, line and heavy maintenance, freighter conversions, material handling equipment, ground handling, equipment maintenance, load transfer, mailing and package sorting, and flight support services. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, and jet fuel and deicing services, as well as flight crews training; and resells and brokers aircraft parts. The company offer its services to delivery companies, air transportation, air express integrators, airlines and governmental agencies, e-commerce, package delivery, freight forwarders, and logistics industries. As of December 31, 2020, its in-service aircraft fleet consisted of 100 owned aircraft and 6 leased aircraft. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio.
$ATSG #Breakout SetupAnother stock showing characteristics of higher prices early in 2021 is Air Transport Services Group. Moving sideways in a low volume consolidation pattern right below ATHs. all bullish signs.
ATSG-Amazon Deal Options? Buy trend? - 94% Institutionally OwnedMay want to see if this comes back down to rend and buy options INSANELY low float.
Leasing 12, 767's to Amazon: Bullish ChartsAir Transport just sealed a deal to lease 12, 767's to Amazon
Daily and Weekly Charts are Bullish
This stock looks like it's going a lot higher.
Daily & Weekly charts look great!
Volume is Bullish
PMO is Bullish
MACD is Bullish
Stochastic is Bullish
Accumulation is Bullish
Sector is Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
ATSG Short trade on break of upward trendlineATSG recently broke its major upward trendline, creating a short trade possibility with a small risk and high reward.
Two targets are set for $10 and $6.50 as the big target, however like most trades it's better to let it run and trail a stop behind
Factors leading to the decision:
Price recently broke below the 1-year uptrend trendline
Heavy volume as it broke the upward trendline
After breaking down, price came up to re-test the trendline and was rejected
After falling below the 20-ma, price tried to get above it again and was rejected
The recent high fractal offer great places for tight technical stop
As always, use a tight-stop and if it rips down, let it run and trail stops behind.
ATSG Long - 4/1/2019Healthy momentum upturn on small-cap. Decreasing supply and good financial performance indicated in current price; AMZN interest perceived as ownership not capital gains - perceived long-term investment towards $30 per share.
Not putting SL into play personally; but included for risk management idea.
ATSG breakoutAir shipment for Amazon. AMZN investment early 2016. 200 day moving average hold late 2016. 1 year passed so moving average and earnings could catch up. Amazon is taking over the world so they should get more business. 200 day should hold again as support and it should make its next push higher above ~$25. Previous breakouts have gone 40%ish so this could reach $40.
ATSG -Rising wedge formation short from $22.83 to $19.23 & LowerATSG seems breaking down forming a rising wedge formation. We think it has very good chance to declining from here.
Date First Found- December 12, 2017
Pattern/Why- Rising wedge formation
Entry Target Criteria- Break of $22.83
Exit Target Criteria- 1st Target $19.23, 2nd Target- Momentum
Stop Loss Criteria- $24.23
Indicator Notes- Twiggs money flow divergence
Special Note- Some insider selling
Please check back for Trade updates. (Note: Trade update is little delayed here.)
