AAL, TIME TOU BUY?
Hello fellow traders and investors, here's a trade idea on ticker: AAL
If you enjoy the content I publish please like and follow for more!
American Airlines has recently sold off to to the trendline that acts as a support, if AAL makes a recovery to the take profit area it offers a 16.50% ROI.
Technicals:
The RSI is oversold
The MA's are still in a downtrend
The 80SMA has previously acted as a key level for AAL and is currently acting as a support.
When To Buy:
When the moving averages crossover
When To Sell:
At the take profit area
Fundamentals: AAL engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The firm offers air transportation for passengers and cargo. AAL has a market cap of 14.34Billion dollars, sales of 12.83Billion dollars in the last 12 months, a P/S of 1.12, a growth in sales Q/Q of -53%, a growth in EPS Q/Q of 62.60%, a profit margin of -61.50% and a short float of 13%.
Rating: 60/100 since technicals are amazing and fundamentals are pretty bad I'll give AAL a 60/100 rating.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, share and comment your thoughts.
If you have any questions send me a message and I'll gladly respond.
Thanks!
If you enjoy the content I publish please like and follow for more!
American Airlines has recently sold off to to the trendline that acts as a support, if AAL makes a recovery to the take profit area it offers a 16.50% ROI.
Technicals:
The RSI is oversold
The MA's are still in a downtrend
The 80SMA has previously acted as a key level for AAL and is currently acting as a support.
When To Buy:
When the moving averages crossover
When To Sell:
At the take profit area
Fundamentals: AAL engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The firm offers air transportation for passengers and cargo. AAL has a market cap of 14.34Billion dollars, sales of 12.83Billion dollars in the last 12 months, a P/S of 1.12, a growth in sales Q/Q of -53%, a growth in EPS Q/Q of 62.60%, a profit margin of -61.50% and a short float of 13%.
Rating: 60/100 since technicals are amazing and fundamentals are pretty bad I'll give AAL a 60/100 rating.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, share and comment your thoughts.
If you have any questions send me a message and I'll gladly respond.
Thanks!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.