$AAL American Airlines Resistance Levels to consider News after the close on Friday could help spark some life back into the airlines and AAL in particular, but before throwing in all your chips here are some levels to consider. - $12.70 Mid channel resistance with 50 & 100ma's - $13.00 The 20ma which was support for so long may very well flip into strong resistance. - $13.80 Strong Fibonacci .382 resistance. - $14.28 Top of Channel, above which we got a rally. Longby BullishchartsPublished 3337
AAL making higher lows finding support on gannfan AAL American Airline found a strong support on 8/1 gannfan line where it got a huge wick rejection and was building up strong momentum since then. This is a deep pullback and now aslong as it will break 200 and 50 sma and retest those, AAL will continue up to at least 15.23$ level and then after breaking that to 1.618 fib levels 17.8$ target and even further to 2.618 which is the 21.81$ target especially considering the short volume of 30%. The momentum also made high lows with a very small pullback on that momentum indicator so it is all about breaking that triangle formation now at around 13.38$ levels which lines up with the 200 50 smaLongby UnknownUnicorn7005306Published 2
AAL - Ready For Take Off? A Huge week is coming up for the airline industry next week. As you can recall, the Stimulus Package passed back in March provided the airlines with $25 billion in aid as long as they didn't let go of any their employees for a certain period of time. That certain period of time expires September 30th. The airlines are asking Congress for additional aid and the clock is ticking. The airlines argue that unlike other traditional jobs, airline employees (pilots, crew, flight attendants, etc.) require extensive training. If you let go of these employees, you can't just hire new ones at the flick of a switch as pilots, flight attendants and mechanics all must be certified by the government and receive proper training. If additional aid is not given, the airlines are estimating on releasing the following: American Airlines - 19,000 workers United Airlines Holdings - 16,000 Delta Air Lines - will delay the effective date for a potential 220 pilot furloughs to Nov. 1 Southwest Airlines Co. have said they will avoid most forced cuts for now, after thousands of workers retired early or took leaves That being said, either aid is given or 35,000+ more citizens will be added to the unemployment sheet for the month. Personally, we don't see how aid is not given to avoid this grim scenario. This takes us to the TA part: TA: We've been accumulating AAL between $11.50-$14.00 since August if you check our previous AAL posts. We think the additional aid will be a huge move up for the stock. Theres several layers of resistance but wouldn't be surprised with this kind of news to see a shot straight to the 200ma at around $16.50 at the moment. Targets: 1. $16.45 area (where the 200MA will be) 2. $19.10 (top of our resistance line in pink) 3. $19.93 (fib retracement level) 4. $22.73 (previous high) Now, this a large pump, but very possible. As always, this is a risk. The government could very well delay the aid as it does not come to an agreement, employees are laid off, aid comes later, etc. This is 2020 and worse things have happened. We have our stop losses at $10.75 . Keeping a close watch on this one. Give us a follow and shoot us a Like for more analysis updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwiseLongby MannyLoPublished 6
AAL analyzes based on trendline + macd + Stoch +rsiI am pretty bearish to AAL. It can bounce back to 12.59 then it will drop down to 10.71. It has too many resistants at 12.6-12.7. I wouldnt mind having a put/sell short right at 12.5 and stop loss at 13. RR is 1:6 Shortby louisd555Published 0
American Airlines AALDon't like the move yet off the bottom. Leaning BearishShort01:05by cryptowavemanPublished 1
AAL (AMERICAN AIRLINES GROUP INC) LONG SET UPTITLE/(DATE)- BUY AAL (American Airline) (9/23) ASSET- STOCK ORDER TYPE- market first/BUY LIMIT Time Frame-1Week ENTRY PRICE 1- $11.50 market ✅ ENTRY 2- $8.50 (pending) STOP LOSS- $7.50 (40 PIPS) TAKE PROFIT 1-$14.50 (30 PIPS) TAKE PROFIT 2- $19.50 (80 PIPS) TAKE PROFIT 3- $23.50 (120 PIPS) STATUS: 🏃🏽♂️ACTIVE 🏃🏽♂️Longby MavRich_TradingPublished 5
AAL Symmetrical TriangleAAL looking like its about to pop in either direction. Volume and hold above or below resistance and support is key to determining the trend.by benboozledUpdated 227
American Airlines AAL updateNot much has changed. bearish short termShort00:34by cryptowavemanPublished 114
AAL Non-MovementDirectional plays within some of the airline stocks have now become obsolete as volatility has dropped significantly for the sector. The last three earnings reports have all been in at a loss with final reports being slight better than estimated. The market is expecting the worst right now which is in turn affecting the stocks ability to rise. 1 standard deviation range set to monitor price range for Iron Condor strategies. by AirMarketGroupPublished 0
American Airlines AAL correctionLeaning slightly bearish with 11.75 target for a bullish reversal. Bullish longterm over 10.72Short00:29by cryptowavemanPublished 2
DAILY ANALYSIS OF american airlines groupHi friends the daily chart of this market shows with a high probability that it will experience an uptrend in the coming days but also we must be vigilant of the change of direction towards the opposite please subscribe to receive more analysisLongby YL_PROPublished 3
Iron TariHi guys, this week we have, following the strategy, 2weeks expire, 70% probability to win! Check on my page how to subscribe! Enjoy your wallet! Tari.by TARITRADEUpdated 0
Accumulation PhaseExpecting SOS above resistance level or JAC Price still above baseline Indicators signals longLongby FMLTraderPublished 3
American Airlines AAL sidewaysWaiting for one direction or the other. Expecting another low right now. Still bullish based on move off 10.72Short00:38by cryptowavemanPublished 2
AAL: A potential price increase of 5.73% , is not bad at allA potential price increase of 5.73% , is not bad at all Please don't forget to FOLLOW , LIKE and COMMENT ... If you like my analysis:) Thank you and Good Luck!Longby KlejdiCuniUpdated 181829
AAL is about to take off!American Airlines seems like a fantastic options play right now. I'm guessing there's going to be some volatility coming in by next week.Longby TMoneyBidnessPublished 774
AAL RECOVERYTowards a recovery in airlines sector expecting to cash in DecemberLongby nikolakiPublished 0
AAL Long OpportunityFrist Price Target is 14.01, 2nd Price Target is 15.08, 3rd PT is 16.88Longby danzb2020Published 0
American Airlines - AAL top-down video AnalysisHello everyone, 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!02:41by TheSignalystPublished 228