AAL
AAL: American Airlines might have bottomedNASDAQ:AAL might have bottomed. And if it falls further, it means trouble for the airline and everyone as well. The chart looks good by the way. Indicators are turning up and if you are looking to hold for long term, catching the falling knives at these levels might be a good bet. I am targeting $40 if the falling wedge breaks upwards. Otherwise a fall below $27 invalidates this outlook.
American Air (AAL) Sell $33.67 > $30.62 (Profit:Risk = 2:1)NASDAQ:AAL
American Airlines Group, Inc.
Information:
Growing Channel was broken. Now we have formed a bear channel. At the opening with a small pullback considering sales.
SPY/SPX/S&P 500 in the coming days may show weakness and fall on the mini correction (Gold is now in a growing local phase).
According to the volume profile, we will have to preserve the main savings for the subsequent fall down.
Today we expect reports.
About stop loss:
Stop loss for the top $35.27. Can be reduced, but given the day of the report. I reduce volume of the position stop loss a little more is obtained.
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Sell Limit = $33.67
Take Profit = $30.62
Stop Loss = $35.27
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Profit:Risk = 2 : 1
Profit:Risk = +9.06% : -4.75%
American AIR (AAL)(NASDAQ) Buy Limit $33.60 >>> Target $35.23NASDAQ:AAL
American Airlines Group Inc. (AAL)
Daily Chart
Consolidation above main volumes + CMF is Positive
6H Chart
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Buy Limit (Pre Market) = $33.60
Take Profit - $35.23
Stop Loss - $33.25
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Take Profit = +4.85%
Stop Loss = -1.04%
$AAL American Airlines at Resistance / Bearish Options Activity$AAL American Airlines - price/volume divergence post earnings on this latest run from ~$32 to ~$38 on declining volume. Near term anticipating another leg down within bearish long term channel. Targeting $28-$30 area by January.
Also of note, we saw some unusual bearish put options activity today with about 11k $39 strike December puts being traded for around $2M in premium.
Note: Informational analysis, not investment advice.
NDQ: AAL American Airlines 28 day ascending triangle NASDAQ:AAL the 28 day ascending triangle is not a very strong trend that i will usually trade. There's a strong resistance at $40.47, if we manage to turn this resistance into support, I target at $44.13.
Stop-loss: $37.78
For safer entry, a break with confirmation above $40.47 will give a better risk reward.
A break below SL will nullify this bullish take.
AAL 5 Day Ahead Prediction - 04/16 - 04/20 PeriodArtificial Intelligence/Deep Learning Enabled 5 Day Ahead Predicted values for American Airlines Group ( AAL ) have been plotted on the chart.
The method used in this prediction is Deep Learning/Artificial Neural Network based, and using complex mathematical models/methodologies to analyze and extract hidden time series features in vast amounts of AAL related data. The "trained" and optimized neural network then generates the multi-day ahead predictions which are plotted on the chart and given in the explanation below.
The expected 5 Day Change is 2.572 %
Predictability Indicator is calculated as : 0.812
Predicted 5-Day Ahead Prices are as follows:
Mon Apr 16 Tue Apr 17 Wed Apr 18 Thu Apr 19 Fri Apr 20
46.552 46.690 46.698 46.856 47.049
Please note that outliers/non-linearities might occur, however FinBrain's Artificial Intelligence/Deep Learning Enabled predictions indicate the softened/smoothed moving direction of the stocks/commodities/World Indices/ETFs/Foreign Currencies/Cryptocurrencies.
AAL Earnings + D1 + W1AAL had good earnings of 1,92 vs. 1,87. At this moment is respecting a trendline and the 50,00 support. In the W1 chart end with a hammer and in the D1 with a bullish engulfing with a really nice volume. We can see a long trade with a nice R:R ratio.
KL: 50,70
SL: 48,70
TP1: 54,70
TP2: 56,00
TP3: 60,00