AAL trade ideas
Long AAL AAL is forming an ascending channel; inside this channel, 4 waves have already formed. Looking to enter this trade and exist at the end of the 5th wave, which will be my target at $33.80
$AALApproaching resistance, short the orderblock with tight SL.
If stopped, wait for retest and flip long.
AAL - DAILY CHARTHi, today we are going to talk about the American Airlines and its current landscape.
With more than 400 planes grounded, 737 Max crisis is still backlashing Boeing Co., and now the Boeing problem could become the industry "problem" as the Federal Aviation Administration (FAA), may fundamentally change the certification process of aircraft, by prioritizing the human factor in the proceeding. The FAA wants to appraise how quickly airline pilots can react to emergency situations and possibly evaluating how the design o planes make it easier or harder for the pilot's reaction. The proposals need to be the debated of Congress, that has been criticizing the FAA administrator Stephen Dickson over its close relationship with the industry, Dickson it's a former employee of Delta Air Lines.
The effects of the 737 problems, combined with the slowing down economy entails strong headwinds for the whole industry, plus this new regulatory change, companies could see a shrinking of its orders, and more costs to have products in-line with the new possible FAA framework. The positive highlight of the day for the sector goes to the orders coming from several airlines, like Emirates that ordered 50 Airbus A350 jets in a deal worthing $16 billion; Air Arabia ordered 120 Airbus A320s in a $14 billion deal, and Etihad will take 20 Boeing Co. 787 Dreamliners.
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PROBANDO ESTRATEGIA DE OPCIONES SOBRE ACCIONESPROBANDO ESTRATEGIA DE OPCIONES SOBRE ACCIONES
TIEMPO DEL CONTRATO 60 DIAS
CONTRATO CALL
Long, Good time to buy at low price per share before 2020!I analyzed in AAL's financial statement, balance sheet that showed me Before March 2018, Share was high per price. Then after March 2018, it went bearish price because AAL company had spent on expenses to improve financial in balance sheet in a future also increase assets from the more airports 777-300 also new built airplane large size for AAL company in Ronald Reagan Washington National Airport (DCA). that why price went bearish after March 2018, so I believe that would be increase price from new cashflow, also increase customers rate after 2021. What do you think?
double top on AAL
we can observe a double top, to break the pattern we put a short. We cannot forget the stop loss and the take profit with the projection given by the pattern. At the moment we maintain the position.
AAL - Call Credit SpreadAfter AAL made a double bottom, it rallied to make a higher high and touched the 200 MA. Should've gotten into the rally. Missed it completely.
Anyways, AAL tried twice to breach 200 MA and failed twice.
Now it looks to be heading down to at least 27 or even further.
I'm already in a 31/32 Call Credit Spread @ $0.37 since Oct 30 which is now up 32% i.e. $0.25.
I'm going to take profit when AAL falls touches 27 or 50% of max profit is achieved on the spread i.e. spread is worth $0.18.
AAL LongGreen zone is buy,
Dotted Green line is particular level of interest. Monthly.
Mid level targets are yellow
If it pushes above the yellow range, long term targets are orange zone.
A Double Bottom in AAL
Here we have a double bouttom that broke the resistance line and made a pull back on what is now the support line, at the time it bounces on the support line we should go long
AAL (Long) *recommend*We have double bottom pattern on the historical support. You can get long after pullback. *recommend*
Long short term calls on AAL!bullish chart....plus boeing is getting hammered in the news lately, bodes well for AAL I would say. only in the micro short term though, they have other issues on the books
AAL (Daily analysis)It's most likely to go high. Because we are on the historical support line and have a bullish divergence too. Then maybe we have double bottom pattern but we should wait for its completing first and then you can get a Long position.
You can also see my weekly analysis at here.
