4AAL trade ideas
AAL Redemption Time?NASDAQ:AAL depending on how you draw the charts, it either looks like it's bouncing or retesting the support line.
It looks BULLISH to me, as it is coming off a bullish flag, and restesting off the bullish flag resistance. Next chart photo will be more detailed.
If it doesn't grow tonight, it might find a new low, then bounce up. Could be a longer play, 8/20C.
- RSI divergence on the HOURLY starting on 6/14, subsequently, went sideways
- RSI Divergence on the HOURLY the past 3 days with a new 30 day low (20.94) today, bouncing to today's high of 21.48
- Entry 21.5
$AAL ShortOut of a ascending triangle. I believe this has lost some support. 20.54 would be the trigger. We need a 4 hour confirm at this rate. I believe this thing will get down to the 18.12 mark based on a 9 month chart. POC is 15.86 so that should help it a long.
AAL, TIME TOU BUY?Hello fellow traders and investors, here's a trade idea on ticker: AAL
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American Airlines has recently sold off to to the trendline that acts as a support, if AAL makes a recovery to the take profit area it offers a 16.50% ROI.
Technicals:
The RSI is oversold
The MA's are still in a downtrend
The 80SMA has previously acted as a key level for AAL and is currently acting as a support.
When To Buy:
When the moving averages crossover
When To Sell:
At the take profit area
Fundamentals: AAL engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The firm offers air transportation for passengers and cargo. AAL has a market cap of 14.34Billion dollars, sales of 12.83Billion dollars in the last 12 months, a P/S of 1.12, a growth in sales Q/Q of -53%, a growth in EPS Q/Q of 62.60%, a profit margin of -61.50% and a short float of 13%.
Rating: 60/100 since technicals are amazing and fundamentals are pretty bad I'll give AAL a 60/100 rating.
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AAL buy strategy WEEKLY UPDATEThis is a long term buy and hold strategy. The price action of AAL has been consolidating exactly as we suspected before, with an optimal entry price of $21.50 with long term target of $25.85 and beyond. If the price falls to break below $21.97 for another week then move your entry to $22 and hold beyond $26. Since this is a long term play (over 1 year period), no stop loss is suggested, and your entry should be made gradually by buying on the dips instead of ‘all-in’ at the same time.
American Airlines not soaring. AALHere looking at AAL dropping further down. The goals set out are conservative enough to work even if this is not the end of the whole impulse. Wave 4 or a more general ABC pattern is our view on the situation here.
Fibonacci goals are in green, reversal or invalidation is in red. This post is not financial advice, make your own financial advice or pay a certified professional ( you are to statistically faire better at blindly longing SnP500 incase of the latter). Playing on the market whether you are an investor or a trader is risky. No good thing is ever without. Good luck out there.
$AAL waiting for a break above $22.50 $AAl waiting to see if it will break this downward tread. Setting alerts at $22.50
$AAL waiting for a break above $22.50 $AAl waiting to see if it will break this downward tread. Setting alerts at $22.50
AAL buy strategy1. R1 $23.00, R2 $25.00
2. S1 $21.50, S2 $23.00
This is a long term buy and hold strategy. After waiting for 2 weeks, AAL indeed consolidated from its last high to a better entry level. The optimal entry price is $21.50 with long term target of $25.85 and beyond. Since this is a long term play (over 1 year period), no stop loss is suggested, and your entry should be made gradually by buying on the dips instead of ‘all-in’ at $the last closing of $22.00
AAL is still falling.As we can see on the daily timeframe, starting from June 2, the price began to fall. On June 18, the price began to rise, if on June 19 the growth continues, we can assume that the price found its support level from which it rebounded and began to grow. If the growth continues, it is possible that the price will again reach $ 25.78. If the price continues to fall, it could drop to $ 20.76 or $ 20.
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Good luck and big profits.
AAL is still falling.As we can see on the daily timeframe, starting from June 2, the price began to fall. On June 18, the price began to rise, if on June 19 the growth continues, we can assume that the price found its support level from which it rebounded and began to grow. If the growth continues, it is possible that the price will again reach $ 25.78. If the price continues to fall, it could drop to $ 20.76 or $ 20.
If you like the idea, subscribe and like it.
Good luck and big profits.
AALcorrection in play for american airlines, i would like to see more volume on the breakout, but seems a good place to short
"dreaming of my next holiday"morning, well I don't normally trade stocks.
This is a short term trade, I'm going to trail stop this trade. ill keep you updated, lets hope I can fly this thing
AAL is overboughteven thought the flight bookings has improve some what since begging of Covid 19 , so as the price of the stock.
But there is still hesitant on Travers returning to 2019 levels for now. it may take another year or so to get the confidence to travel to 2019 level.
NEW POSITION. $AAL Target 26.07 for 13.45% $AAL Target 26.07 for 13.45%
Or double at 19.89
This one is an easy trade always... a little low%... wish there was a divy here... haha 😂 Just typing out load...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
AAL - Bullish to NeutralWith travel the last sector to benefit from re-opening, I like AAL to reverse and begin to make a move upwards. Two levels I'm interested in are a break and hold above $23.50, and the next being $26. Bullish to neutral lean here on AAL
TARGET HIT $AAL @ 24.99 for 16.67% Profit in 28 daysTARGET HIT $AAL @ 24.99 for 16.67% Profit in 28 days
I didn't get to publish this one the day it sold because I had published too many charts that day 🤣 So here it is now a little late... I'm not even going to mark it short because it's too far away from that top now...
