AAL trade ideas
RSI Bullish Divergence. We price are making lower low but the RSI is making higher low. A good chance we will see a bullish move in the next few days
American Airlines Heading towards 9 Years LowWelcome to Profitlio Trading!
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AAL price broke the diagonal support it held for last monthly candle. And price has heavily broke it and heading downwards and expecting a target around 3.87 where 9 years low held and the support formed.
Profitlio Trading ( Since 2014 in Financial Markets )
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Close to the bottom for AAL? Or will COVID19 take things lower?Previous bottom at $4 in 2008, we are getting close to that territory again. Though with COVID19 meaning flights are potentially grounded indefinitely will this push prices even lower? Our thoughts in terms of future investment is that buying close to that area will be positive for the long term.
$AAL - going down the stairs, and I see the numbers:9.1 - 9.3
7.3 - 7.5
5.86 - 6.2
For the next supports
Not for suggestion!
$AAL long ideaIf $AAL can manage to hold this $10 support level today; I like it for a potential long play over today's high tomorrow.
Too Good To Be True?As the chart suggests there is a strong support level at 12 that it respected today. Though fundamentally you might be skeptical of such a rally but the chart seems very promising.
AAL 10-Year LowAmerican Airlines is currently sitting at a 10-year low. Stock prices have not gone this low since 2008 financial crash which specifically was due to the housing market in the united states. As we trade near the low of the stock range we are testing near the support level. Potential for the stock to drop below the support level remains high as cashflow is dwindling for the airlines
AAL: The battle between Good and Evil.AAL has been suffering quite some drama lately, here is the full scope of things
AMERICAN AIRLINES has found its SupportAAL found its support and showing some respected price action on it. I believe this support gonna support the AAL to have some breath in near future
American Airlines aiming 4,50 USDAmerican Airlines taking a bit hit downwards...
let's see how it behaves when it get there
American Airline in a falling wedge, but future is goodhas bullish divergences on the 4H but further downside is probable. Might drop to the buy zone and make another bullish div.
With multiple gaps above the current price, a significant retrace is very like in the future, barring the end of the world.
Travel will surge significantly once lockdown is eased due to pent up demand. However I expect that the corona pandemic will last until start of summer when high temperatures will slow viral transmission.
This is my first look at a stock on tradingview. I believe that cryptos are the best longterm investment, but this stock is low risk at the buy zone due to fundamentals, such as American aviation will to be bailed out by the US government in time of trouble.
AMERICAN AIRLINES has found its SupportAAL found its support and showing some respected price action on it. I believe this support gonna support the AAL to have some breath in near future
Noob Charts - AAL This is just a dream I’m having based on what I’ve been learning up until now. I’m making the necessary plays to bag profit within the volatility.
AAL: Buy the panicNow let's first be clear. Once again I will repeat this is not financial or investment advice. This is also not technical analysis. The airline industry has been one of the hardest hit sectors; we don't even need to discuss why. The only question one needs to ask is: will airlines recover? I think so, and an ~80% drop since 2018 exacerbated by panic selling and an impressive ~10% recovery yesterday shows me that hope is not lost. Once again investors should always practice caution, but laddering in with what you can afford to lose in such an oversold market, even one that could drop far more, doesn't seem like the worst idea to me.
$AAL America Airlines Group shorts need to be careful
With the might of the Government pledging their support, be very careful if short.
The stock is at extreme oversold conditions and as in other markets worldwide SHORTING may be very well be outlawed in certain stocks.
The stock could have massive moves within minutes.
BE REALLY CAREFUL, RALLIES WILL LIKELY BE SOLD.
BEST ADVICE IS TO RELAX AND WAIT FOR THIS EXTREME VOLATILITY TO PASS
AAL | Trend Analysis | Weekly Long idea
Note: Consistent success in financial markets requires a personalized trading strategy
*A method that specifies the type and amount of patience
*Entry and exit points
*Your customized psychology plan
*Risk management program based on your personality
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BAC : NYSE 03/16/2020 DAILY REPORT - Trending Bear ModeSDB Select - Proprietary Market Report for...
BAC : NYSE
24.16 : 03/13/2020 : 908 ET Change: 3.65 (15.11%)
Trending Bear Mode
Report Type = Macro, End of Day
SDB Select Categories that are currently turned on:
Data Overview
Market Behavior
Transitions
Standard Analysis
Advice
Natural Attraction
Support / Resistance
SpeedView
Price Projections
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Strategydb's focus is to bring forth key analytics and decision support tools that the entire trading and professional investment community can use, and profit from.
DISCLAIMER
THE RISK OF LOSS IN TRADING CAN BE SUBSTANTIAL! YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR CURRENT FINANCIAL CONDITION. IN CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, REMEMBER THAT PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Market Mode of Behavior: BAC : NYSE : 24.16 : Macro: Eight specific set-ups that dictate the current trading strategy...
Currently, this market meets the Trending Bear Mode criteria. Price is trending lower.
For the entire data set this market has been in Trending Bear Mode 12.24% of the time.
The average number of bars spent in this Mode before transitioning normally = 19. Since the current number of bars in Mode = 5, this Mode of Behavior still has 14 bars to mature before meeting its average and possibly transitioning. Remember that this analysis is being performed on the bar interval.
The average price growth during this behavior is approximately = -2.29. This is compared to the current price growth of -1.55. Based upon the closing price of the most recent bar, price growth has yet to be met.
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Transitions & Time: BAC : NYSE : 24.16 : Macro: Background on the current Mode of Behavior...
Transition from Medium Bear Mode occurred 5 bar(s) ago.
According to our signal logic, this transition occurred normally and triggered on the longest time frame.This MBETBE transition occrus infrequently.
Possessing knowledge of the preceding Mode of Behavior as well as the most likely subsequent Mode assists in executing current strategies, exits, and setups for the next trade.
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Standard Analysis: BAC : NYSE : 24.16 : Macro: A closer look at the current Mode of Behavior...
The current bar's close at 24.16 demonstrates that prices should continue lower.
Cautionary price levels 20.46% below the market are outside the Average True Range price percentage window of 7.44%, currently lowering the short-term probability of transitioning out of Trending Bear Mode.
The Average True Range price percentage window is simply a function of the 16 bar Average True Range, divided by the underlying's closing price of the last bar. Cautionary price levels are proprietary. Prices in this region indicate possible Mode transitions.
Volatility based on the 30 day standard deviation = 85.07%. Volatility based upon the 30 day Average True Range = 1.80 points, (based upon the underlying's price scale.)
The price change versus 1 week ago = -1.55. The price change versus 1 month ago = -4.34. The price change versus 1 year ago = -11.06.
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Advice: BAC : NYSE : 24.16 : Macro: Straight-forward wisdom on how to position for near-term profits...
Alert! Transactions in FOREX, Futures, and Stocks, carry a high degree of risk. No slippage or commissions are included here or in our Statistics tables. Your FCM will charge you a commission.
Trend trade this market from the short side.
During Trending Bear Mode competition is one sided, making buyers scarce. If you like pyramding winners, now may be your chance. (---)
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Natural Attraction: BAC : NYSE : 24.16 : Macro: Expected tendencies and targets...
During Trending Bear Mode prices should tend towards a price structure located at 5.54.
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Support & Resistance: BAC : NYSE : 24.16 : Macro: Specific trading levels or bands...
SPEEDVIEW TRADING WIDGET
A key level to watch, located at 31.57 is exactly 7.41 points, or 30.7% away.
Trading Band1 Level = 26.41
Trading Band2 Level = 24.61
Trading Band3 Level = 22.81
Trading Band4 Level = 21.02
Trading Band5 Level = 19.22
Trading Band6 Level = 17.42
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Price Growth / Decay Projections: BAC : NYSE : 24.16 : Macro: Growth / decay projections...
Target#1=15.67
Distance=8.49
Move=35.1%
Target#2=5.54
Distance=18.62
Move=77.1%
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HYPOTHETICAL PERFORMANCE RESULTS DISCLOSURE
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS.NO REPRESENTATION IS BEING MADE THAT ANY TRADER OR ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN IN THIS REPORT.IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS, PUBLISHED DATA MINING STATISTICAL PREDICTIONS, AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING.FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTEDFOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.BECAUSE THERE ARE NO ACTUAL TRADING RESULTS TO COMPARE TO THE HYPOTHETICAL PERFORMANCE RESULTS/DATA MINING STATISTICS,REPORT READERS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THESE HYPOTHETICAL PERFORMANCE SUMMARIES.
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Year end target for American AirlinesLong term hold. The virus crisis will pass and people will still need to fly after.
American Airlines AAL ready to bounce yet?I've never traded airline stocks. I like AAL here though-seeing a potential broadening formation. I might consider a small position and set a target for that unfilled gap. Longer term, airline stocks appear cheap right now although I'm not ready to turn bullish on them yet. I'm just not that familiar with them.. but this looks like it has good potential.
