AAL ShortWe have a descending flag forming here on AAL. I expect to see it break down and have sharp reversal downwards.
A1G trade ideas
AAL is drunkPlanes are 80% full because the number of flights is minimal at best. Any meaningful travel rebound is going to take some time, to get to the level of travel accessibility before the virus might even take years.
Quite frankly the balance sheet is a disaster and their asset collateral is a bunch of depreciating planes, but who would even buy them if there is people aren't even traveling.
As of writing this, AAL is the third most popular stock on Robinhood, which in of itself tells me to short it.
As a sidenote, i really wat AAL to do well, my mother retired from American Airlines and I'd like it to stick around forever. Emotions aside, it is still a short for me until at least september
ALL LONG BUYI'd rate this stock a 5/5 for a buy now.
Symbol : AAL
Name : American Airlines Group, Inc.
Yield : 2.39%
Annual Dividend : $0.40
P/E Ratio : 4.73
EPS : $3.53
52-Week High : $34.99
Score : 5
American Airlines $AALThere was super volume yesterday which will move the stock up its first target price.
12 months Consensus Price Target: $16.88
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Thx
A nice buy set up!Hello everybody,
Yesterday we got a confirmation, a nice buy set up on "AAL"
The World is going crazy, but I'm optimistically looking for a pullback to enter my position.
New trend !I assume American Airlines stock finish end of wave cycle II. So this stock now in new trend , go up !
DISCLAIMERS :
* My EW labelling perhaps different with other EW traders.
** This analysis however is subject to change anytime ( with or without notice by me ).
*** Every result trade of you, I am not gonna responsible for it. I just sharing this analysis for learning purpose only, especially for people who really want to know about Elliot Wave technique.
Short AALLooks like a nice short to me on American Airlines if we don't close above the fib 0.382....
AAL _LONGThis might be a good opportunity if breaks above 18$. There would be very agresive recovery. Above 20$ soon.
AAL Beating the oddsNo one likes consistent bad press.
This may be over inflated but not overbought. We'll see what July brings.
AAL LongAmerican has been lagging behind airlines and should see a nice move upwards once it breaks above this neckline.
my idea about MAERICAN AIRLINESthe price is going threw a price channel i guess it going to continu to big jump UP
AAL LongInverse Head and Shoulders
Triangle, retesting trend line. If it holds this is a go. RSI looking beautiful.
All the bullish momentum behind it.
American Airlines - AAL Checking back in with American Airlines. As always, hit the search on our page and look up our previous AAL posts for more info as we tend to continue where we left off on the analysis.
Quick Recap:
American Airlines 1st Quarter numbers came in and as expected, they weren't good, down -$2.2 Billion.
They're looking for ways to cut costs as they are/were burning through $50-$70 million per day.
US airline travel as a whole was down approximately 95% compared to the same time last year.
Technical Analysis:
The $8.50-$9.14 area seems to have found some support for AAL as stock has decently bounced both times when hitting these levels at the bottom of the fib retracement. RSI has been rising and the price has yet to really follow. MACD looks like it's preparing to crossover to the positive side, but as always we will wait for confirmation before drinking the Kool-Aid. DMI is on the positive side but the ADX isn't rising with it showing strength.
Fundamental Analysis:
Most analysts still have this stock as a Hold or Sell rating at the moment and that's completely understandable still. If you see our previous posts we're still waiting to see people booking plane tickets until we hop back in. The next earnings report isnt expected to be any better than the first one as AAL is projected to report earnings of -$6.51 per share, which would represent a year-over-year decline of 457.69%. That being said, if AAL can cut costs and stay afloat, there is definitely a lot of room for upside as the stock isn't even near its 50 MA (we used 55ma in this chart - the yellow line). This one is still a risky play. If you would like to ladder buy into this one would be the best play, with a tight stop loss around the $8.50 area for the time being.
Brief reminder, airlines can most definitely fail. American Airlines is still fresh off it's bankruptcy that occurred in late 2011.
Hit us with a like and a follow for more updates. Cheers!
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