AMERICAN AIRLINES GROUP INC (AAL) Monthly & WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
AAL trade ideas
AAL is amazing for long sellers but terrible for shortAAL is suffering from a drop to 12 dollars in the stock market and it’s a great opportunity for long sellers. AAL is sure to recover and hit around its old price meaning we could potentially double our money. Sadly there is a pre existing downtrend that might affect the stock growth after the initial surge up, but I’m not sure so don’t be worried. My chart for American Airlines is actually the worst case scenario that I can see happening since it goes below the price before the drop and has it decrease over time. It might be better than this so long sellers should love this stock.
AAL American Airlines - Burning Through $70 million A DayAmerican Airlines 1st Quarter numbers are in. As expected, they weren't good.
AAL just posted its biggest loss since the Great Recession in 2008 as they lost $2.2 Billion. In the 2nd quarter they are burning through $70 million dollars per day. SO if you're wondering how the 2nd quarter numbers will look, that should give you somewhat of an idea. US airline travel is down approximately 95% compared to the same time last year. In attempts to cut costs, around 39,000 employees have volunteered for unpaid pr partially paid leave.
Brief reminder, airlines can most definitely fail. American Airlines is still fresh off it's bankruptcy that occurred in late 2011.
Technical:
Stock prices at the moments seem to be pure gambles as some are completing deviating from TA and fundamentals. Would only buy to go in and out for quick trades. We're not long on airlines until we see flights filing up again. If going long for a quick scalp, look for support around $10.45 and $9.00 with a tight stop loss. As per bottom, we've seen some consolidation in the current region we're in but we're not yet comfortable here. Any further drops we can look at $6.94, $4.55, & $1.09.
Hit us with a like and a follow for more 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 otherwise.
AAL may be coiling for a move upEarnings tomorrow. One to watch.
Been on our watchlist for a while due to the insane RSI divergence.
We only have shares at the moment with an average price/share around $10. However, we may move to calls depending on how it does tomorrow and rest of the week. If not, no worries, can hold shares for a while.
AAL "Long" I had a long from 10.02 but closed it at 10.80.. then I noticed AAL broke some resistances and also the channel it was sitting on which made me buy some calls for tomorrow! American Airlines earning date is on April 30 which is probably when the big shorts will come in..
Airlines have been one of the worst-performing stocks lately while many other companies that are closed have still pumped.. maybe its time AAL shines for a couple of days!
Resistance lines are shown, we ideally wanna keep 11.14 holding if we are going to shoot for 12+ tomorrow.. maybe FOMO will get to people who knows..
Good Luck!
American Airlines AAL long. This is similar to Delta airlines. Very possible to swing up. High probability. Needs patience. They got funding. They have crappy debt. No cash on hand. And financials aren’t so great. But they are America’s airline. And they are the worlds largest airline. America won’t let this airline fail. At 10$ it’s a steal. Check out YouTube for the CEO talking about the funding they received from the government.
RISKY AAL "LONG"We have a pretty strong resistance at $10.. we have broken it once which resulted in a 40% BOUNCE! I bought some calls in hope of a strong bounce.
Earnings date is 4/24 (on Friday) which will make this a risky long, stop loss for traders would be 9.05..
Good Luck! I am not a professional.
Red day for AAL tomorrowBased on the channel right now and with sentiment going into earnings this can easily hit 8-9 range before Friday. As long as the hit comes in where people are expecting or it's better then we will get a great bounce. If it's worse then this can fall into the 6-8 range with a bounce back to 9 a few days later. Just my game plan on this. Gonna wait for it to fall below 9 before I load up for a long. Counting on the Algos to freak out.
AAL Showing a Good Sign with its Market BehaviourWelcome to Profitlio Trading!
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
This is going to be a perfect sign for gains in AAL market. As of it failed to break the diagonal support it has formed. Look into the highlighted eclipse and good place for a long term buying opportunities. Sketch up your own trade setup before you take off. Our Previous selling banked with 100+ Pips and Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
$AAL EPS Projection = -$2.47 / Falling WedgeI will be looking for $AAL to follow this falling wedge downwards and likely lag till earnings. Earnings may cause more downside.
Wall Street Journal EPS Projection: -$1.83
More realistic EPS: -$2.47
I believe revenue projections are heavily understated as shown by Ford.
$UAL has quarterly revenues under 10 billion and predicted a revenue loss in march alone at 1.5 billion . $AAL I am betting will have lost more revenue than 1.5 billion in March.
If we take into account $UAL projecting losses of 1.5billion in March when their revenue is under 10 billion a quarter it is safe to say that $AAL would lose 1.5 billion in revenue as well, which is generous because they could have lost more.
Projected Revenues/Expenses/Net Income/EPS
Operating Expense for Q1: 10.157 billion
Operating Expenses for January: 3.386 billion
Operating Expenses for February: 3.386 billion
Operating Expenses for March: 3.386 billion
Operating Revenue for Q1: 10.757 billion
Operating Revenue for January: 3.585 billion
Operating Revenue for February: 3.585 billion
Operating Revenue for March if it were a normal month, based on trends: 3.585 billion
Non operating expenses: 158 million
Net income in January: 200 million
Net income in February: 200 million (generous)
Expected losses in revenue for March: 1.5 billion
Expected Operating revenue for March: 2.085 billion.
Net income in March: -1.3billion
200 mill + 200 mill -1.3billion - 158 million = -1.058 billion before taxes
No clue how this loss would be taxed, so let's just leave that alone, but this means their real net income after tax will be worse than -1.058 billion
-1.058 billion / 428.2million weighted outstanding shares = -$2.47 EPS or worse.
This is important because a normal falling wedge like this would break towards the upside, however if earnings are truly this bad I believe there may be more downside.