AAL - WEEKLY VIEWIT WOULD BE REALLY NICE IF IT WOULD DROP DOWN AND GIVE US BULLISH DIVERGENCE ON THE WEEKLY TIME FRAME. WE'LL HAVE TO SEE HOW LOW IT CAN GO TO DEVELOP IT OR NOT.
4AAL trade ideas
AAL - UPDATETHERE'S ALSO SOME GAPS TO BE FILLED LOWER SO BE CAREFUL OR MAKE SURE TO HAVE STOP LOSSES SET.
AAL, D, Long Broke out of the falling wedge. retested the support. Now, should continue to move upward. Any good news, would be a good catalyst.
AALLast time selling volume where here , it follow with strong rise up .
MEANWHILE with VIX Index Journey to 25% start and giving other american index stability on the right levels -which is perfect for pre-election , and all the world hoping and following covid-19 drug news.
ITS buy and hold trade for 2 weeks it would be your responsibility to find the right exit or if u any thing like me
i will hold it until i see it next year at 80 price for share .
which would be at that time very normal when we watch airline Companies passing the corona-virus disaster and Travel restrictions .
it would grant huge safe for high yield and this would make it much much attractive for investors and Speculators
AAL turns bullishAAL leaning towards bottom being in. Waiting for a 5 wave impulse and correction to confirm.
AAL - UPDATEEVEN THOUGH I GOT STOPPED OUT OTHER DAY....BACK TEST WAS COMPLETE AND HIGHER LOW MADE, IT'S UP 9% PRE MARKET TODAY.
$AAL American Airlines Bulls Jump Onboard
Bullish reversal setting up
Potential Targets
- $13.75 Yearly Horizontal resistance
- $14.30 previous pivot point
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AAL DAL and the Airline Destiny Airlines earning are all due in July:
DAL 14 July BMO est. $-4.06 / $2.17B
UAL 21 July AMC est $-9.41 / $1.14B
AAL 23 July BMO est. $-7.03 / $1.43B
LUV 23 July BMO est. $-2.67 / $0.54B
All eyes will be on DAL tomorrow to sense where this mess is going.
As for AAL, it closed above the downward sloping trendline but this could be easily a bull trap. I will not get excited yet. I believe DAL earnings will have a big impact on the industry.
Trendline may act as support and hence may create a better odds for long positions.
With FIB resistances intact, I need to see decisive solid breaks to get in. Volume Volume Volume.
This analysis represents my own view and it isn't a recommendation. Readers should do their own studies before taking on any position. Data in this analysis aren't guaranteed for accuracy.
Wise trading everyone.
AAL close to my anticapted bottomAAL had a nice spike. Looks to me to be a corrective move and looking for another low in this correction.
AAL: Falling Wedge - price is breaking outAAL: Falling Wedge - price is breaking out
Target 1 = 15.70 - 16.00
Target 2 = 118.50 - 18.90
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AAL - LONG SETUPAAL - SHOWING BULLISH ENGULFING CANDLE AT THE 78.6 RETRACE LEVEL. LOW RISK ENTRY FOR LONG
