Khan's Watchlist - KW 43 - $VLRSIndustrial/Air Transpport Play towards Earnings (as always, 50:50)
Thought is that they might swap towards air transport vs sea
VLRS trade ideas
NEW POSITION $VLRS Target 23.62 for 21.19% $VLRS Target 23.62 for 21.19%
Or next add at 16.46 (support)
This is a beautiful chart and that was a fine dip... looks like a good place to start...
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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.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 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.
Stocks To Watch (Relative Strength Edition)The Market may have some more room to the downside with the longer term uptrend still intact, I look at some intermarket analysis to evaluate the situation. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 8 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
VLRS BreakoutBreakout from a 5 Year Long Base
Decent Volume
Earning next week
Stock is in a decent uptrend since the Covid crash last year
Bounced off support. Volaris being the only affordable mexican airlines compared to other mexican airlines that fly international. Bounced off support and with the holidays coming up soon i definitely see travel traffic to pick up a bit. Long with this company.
Volaris Could see 10 dollars. Coming from a mexican family in CA Volaris has become the only affordable airline despite its bad customer service. All my family travels thru Volaris since Aeromexico is very expensive. All my family travels during November and December.
VLRS =oversoldVLRS is way oversold. The stock has almost reached its all time low back in 2014. Priced at $8.02, it is only $1.22 from its all time low. RSI is 21, so indeed oversold. Elder Bulls trending up. Keep it on the watch list
Potential short due to weak earningsrewards is 2x and big fall after the earning announcement.
however reward assumption is that previous low can be met.
Descripción del gráfico de VOLAR/A a corto plazoEl precio se encuentra en una zona donde puede subir hasta 26.87 o bajar a 25.88.
Flying Mexican CigarsIf you've ever taken an inter-city coach ride in Mexico as I have, you'll know that the country is crying out for an alternative way to travel. VLRS (aka Volaris, ultra cheap airline) is making an excellent recovery from its lows and I feel that in time it's heading back to the post IPO highs of $15 and more. I made a losing trade on this one last year but I can't allow that to cloud my judgement. My stop is $9.10.
