AAL trade ideas
AAL in a interesting placeWait for the setup, market exhausted heading into Christmas a lot of people selling out of positions.
AMERICAN Airlines Analysis With Technical Analysis American Airlines - Hold for now. TOO RISKY
There might be an opportunity to go long, only if the Support level of 15.0 USD will be broken.
NASDAQ:ADBE DAQ:AAL"]NASDAQ:AAL
BEAR TREND SINCE MARCH 2018 COMING TO A CLOSEAirline sector trend reversal should take place come the end of the year. History repeats itself and we are on the verge of a trend reversal. Extremely bullish on this sector over the next quarter. Bullflag pattern repeating itself over and over on the 4HR time frame. After each extension upward, set your SL at 50% of the flag pole length to mitigate risk and enjoy the ride.
Other sectors like utilities & cruise lines all have the same charts and patterns as they are moving in sequence. Make sure to choose the better companies of each sector.
I do not hold a position in AAL. My largest holdings at the moment are BA, PCG, and TLRY. - GL
Getting ready for AAl possible pullbackI think it's a good opportunity to go long what do you think ?
AAL Finish head and shoulder then shortShort after the possible head and shoulder. First target 16 second target 15.50
AAL Head and ShouldersSecond Head and shoulders forming. this one looks more succinct .
If falls under the shoulder line then its a short to 16 and 15.50 respectively.
Wait for confirmation!
long just not yet.right now I am long on AAL but not until i see a retracement back to that purple price area. We are currently overbought in almost all stock tickers so we might see a big pull back in all markets. but it will be short lived. this is healthy in the market. we also see a golden cross occurring so this indicates a bullish run but as i always say nothing is certain until we get confirmation in the next few days. let me know what you think.
this is what i am thinking about AALI am only with a year trading skills. if i am wrong, please correct me, i am very happy to learn. Thank you
