AAL bouncing from the channelNASDAQ:AAL bouncing from the channel, undersold today in the last minute
AAL
$AAL SwingAmerican Airlines should have a nice swing here. Way oversold on the RSI and showing possible signs of a reversal. Have 16 shares at 28.26. Looking to sell in the $30 range and cutting my losses around $26.
Airlines price targets - non-MAX operators BULL** Credit Suisse says non-MAX operators such as Delta Air Lines, Spirit Airlines, JetBlue Airways and Alaska Air Group to benefit most from reduced supply levels in the form of higher load factors and fares
** LUV and AAL combined have the highest exposure to MAX fleet in U.S.
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Price targets / analysts:
CS downgrades American Airlines Group Inc to "underperform" form "neutral", cuts PT to $30 from $32, citing extended grounding's of MAX jets and ongoing mechanics labor dispute
Cuts PT for Southwest Airlines Co to $51 from $53, while also lowering 2019 EPS estimate to $4.07 from $4.45 due to the airline's inability to capitalize on market demand
Upgrades JBLU to "neutral" from "underperform", raises PT to $19 from $16 due to strong seasonal leisure demand and continued execution of cost and revenue initiatives
Raises PT for United Airlines Holdings Inc to $113 from $111 despite its smaller MAX exposure compared to LUV and AAL
AAL ShortIt failed to breach 33.30 mark despite repeated attempts. I believe there will be a short term down move to retest 32.30 level before any bounce back. If breach occurs I would expect a further downside towards 32.10 and below.
Descending Triangle for American Airlines? (AAL)Price action seems week and not convincing that it would break out. Appears like a descending triangle formation. #aal #americanairlines #short
AAL Correction time.Seems like the time for a correction has come for AAL (American Airlines). Small or significant is a matter that remains to be seen. Whatever the outcome, Long Puts w/monthly-bimonthly expirations, a percentage available for hedging, and let's see how it plays out.
AAL Bullish For Metals BounceAAL.L (Anglo American plc) is a precious metals producer with a healthy balance sheet and robust income. Having pulled back from $2,200 to $1,919 in congruence with major stock markets and a current market cap of $24-BLN it makes for yet another appropriate defensive play for the stock market rebound coupled with a probable tendency for precious metals to continue gaining strength.
AAL.L bullish target of $2,100 for a 9.4% difference from the current quote of $1,919. The duration for this trade idea is 1-3 months.
NASDAQ:AAL American Airlines - I like where it is sitting here NASDAQ:AAL sitting comfortable inside the falling wedge. I am expecting/hoping for an upside break. Conservatively, I am targeting $40 if AAL breaks out of the wedge. Otherwise a correction to $29 invalidates this outlook.
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%
American Air (AAL)(NASDAQ) Buy $34.37 >>> Target $35.83NASDAQ:AAL
American Airlines Group Inc
Stock - NASDAQ (USA)
Profit:Risk = 1.84:1
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Buy = $34.37
Take Profit = $35.83
Stop Loss = $33.58
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Take Profit = +4.24%
Stop Loss = -2.30%
American AIR (AAL)(NASDAQ) Sel $33.45 >>> Target $31.45NASDAQ:AAL
American Airlines Group Inc. (AAL)
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Sell - $33.45
Take Profit - $31.45
Stop Loss - $34.45
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Take Profit = +5.98%
Stop Loss = -2.99%
Boeing: 737 aircraft production expected cuts of 20 percent..."Boeing Company (The) is expected* to report earnings on 04/24/2019 before market open."
Boeing has more downside, however, at a certain price there is value!
American AirCrash. Despues de perder el 200ma semanal, ALL esta formando un triangulo bajista, el 30ma siendo el riel de esta tendencia bajista. Posible roptura de piso? o aguanta otro test?
American Airlines LongLong based of channels and fibs
My Entry: 39.00 (any entry above this is fine)
Stop Loss: 35.50
PT: 50.00 area
Risk/Reward: 1:3
$AAL American Airlines at Resistance / Bearish Options Activity$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.
