CAn Boeing weather the storm BA LongBA on a daily chart is trading in the bottom portion of its intermediate-term trading range
having incurred a series of adverse news catalysts, FAA investigation and loss of trader
sentiment. It is now in the lower portion of the high volume area and below the POC line.
There are multiple touches of a horizontal support before and after a big earnings beat.
The question now is whether BA can mount a good fibonacci retracement of the prior
downtrend. I believe that it is quietly acumulating volume and shares at a given price for
a solid base from which to make a trending move upside to the Fibonacci levels on the chart
and perhaps in time after another good earnings head toward the pivot high of last year.
I will go long from here finding good cause to buy at this discount.
Airlinecompanies
AIRLINES
Looking for up trend to get in play. based on the Dib Wave theory we do expect there is opportunity for the long term investor to get involved!
The Airlines basket: includes Companies as follow:
Delta Air Lines Inc, DAL 20%
American Airlines Group Inc AAL 20%
United Airlines Holding Inc. UAL 20%
Southwest Airlines Co. LUV 20%
JetBlue Airways Corporation JBLU 20%
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this analysis is our point of view and this is for educations purpose only, pls learn how to trade invest in the financial market before start trading,
Air nz back in businessBreaking its overall trend resistance since covid last year air nz has been bought out its long positions between 1,30-1,55 zone and is currently entering a bullish channel for 2022.
ITs overall support has now increased and with covid pandemic almost being finished with vacc rates close to 90% we will see the tourisim business looking to get back in 2022,
Price prediction,2.20 by feb and 3-5 dollars within the following years with an increase in EV's with its 2030 first electrical plane forecast,
along with this information possible news of deals with Singapore and Malaysia airlines could booster up the price to 5+ within the following years, very solid long term buy imo
Delta Air line ***Based on analysts offering 12 month price targets for DAL in the last 3 months.
The average price target is $48.77 with a high estimate of $58 and a low estimate of $40
Analyst Firms Making Recommendations
B OF A GLBL RES
COWEN & COMPANY
DEUTSCHE BK SEC
JEFFERIES & CO.
JP MORGAN SECUR
MORGAN STANLEY
RAYMOND JAMES
SEAPORT GLOBAL
STIFEL NICOLAUS
VERTICAL RESEAR
WOLFE RESEARCH
Analyst
$48.77
*** Insiders are buying five times than selling !!! AAl no trading al all !!!
Insider Ownership Percentage: 0.63%
Insider Buying (Last 12 Months): $46,108,962.00
Insider Selling (Last 12 Months): $203,118,704.06
*** no shorts interest to mention.
***Assets a bit more than liabilities which is better than American Airline.
Period Ending: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Total Assets 72051 64532 60266 53671
Total Liabilities 70698 49174 46579 41141
Total Equity 1353 15358 13687 12530
***Strong institutional ownership is an indication that hedge funds, large money managers
and endowments believe a company will outperform the market over the long term.
Well, Delta airline is ranked # 3 beating AAl
73.1% of Alaska Air Group shares are owned by institutional investors
-60.9% of United Airlines shares are owned by institutional investors
-59.5% of Delta Air Lines shares are owned by institutional investors
--44.4% of American Airlines Group shares are owned by institutional investors
Period Ending: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Total Revenue 17095 47007 44438 41138
Gross Profit 4615 25872 23248 23006
Operating Income -12469 6618 5264 5966
Net Income -12385 4767 3935 3205
I am boarding the plane #stocksDelta has been hovering above its range for over a month now and I am looking for take into earnings. Assuming the breakout/trend to the upside will continue, I am hoping earnings will provide a catalyst for the stock to head toward 45. I don't think the numbers themselves will be good but I am hoping the have positive guidance about people traveling post the vaccine.