Get started

Airlines

AAL: terrible airline, good setup pre-earningsAmerican Airlines was recently rated one of the worst major airlines by the Wall Street Journal, and the news for the company overall hasn't been great. However, the technical setup looks fairly nice, with American near a support level and showing a long period of bullish divergence on the weekly RSI and MACD. It's got a 1.5% dividend yield and a really good valuation at 5.67 forward P/E. AAL has earnings next week, and has generally tended to slightly beat analyst estimates over the last 8 quarters. An earnings beat for AAL could be the catalyst to send the stock into a new uptrend, especially if fuel prices continue to fall as the EIA predicts. Instead of playing AAL earnings, maybe consider diversifying your risk by buying the JETS ETF. Some other airlines, including Alaska Airlines, have similarly juicy setups and also report earnings this week.
NASDAQ:AALLong
by ChristopherCarrollSmith
Delta Airlines +12% - 90 Day StrategyBetween November 2012 and May 2014 Delta Airlines had a colossal run that took it from $9 to a staggering $42 dollars in a little bit under a 2-year period. Ever since, $Delta has continued to perform positively; well within the confines of a new channel that feels a lot like an extended ascending triangle maturing into its upcoming apex. This channel can be identified by the dotted lines in the chart. For 6 years now, $Delta’s behavior has been highly predictable much in thanks to market capitulation, quarterly earnings and a booming economy. At this moment, I can identify a few factors that are making me confident to enter $Delta at its current price level with an initial target of $65.49 (or +11.17% of where it is now). Based on my trend analysis, I believe this price will be reached between the end of March and mid-April 2020. Besides the trend analysis and tracing I’ve included in the chart, I’ve also corroborated my findings or projection with a confirmation breakout in the MACD on the weekly chart, as can be seen below as well as room for growth in the RSI before it reaches overbought territories. Once my initial target has been met, a retracement to either the mid-channel support (yellow-dotted line) or the bottom of triangle can be expected. Re-entering at both of these levels is a good, smart way of averaging out your purchase costs before the next impulse begins. Target: $65.49
NYSE:DALLong
by ZpaceBuddha
1
U.S Dollar Based THYAO : LongWhen we look at the stock of Turkish Airlines (THYAO) on an US American Dollar based, we see that we are just above the support. The stock has not been able to participate in the rally on the Turkish stock exchange for several weeks. Today's U.S Dollar / Turkish Lira rate of sharp decline and the acceleration of the decline in Brent Crude Oil, I think we will make a nice opening and can head towards the target. The analysis contains a valuable risk / reward ratio and may be less risky in the following parameters: Risk/Reward Ratio : 1/ 2.5 Position Size : < %20 of Stock Portfolio and %1-%2 for Futures Stop-Loss : 2.19 Target : 2.54 Regards.
BIST:THYAOLong
by Noldo
JETS finally taking offAirline stocks have had a lot of bullish options interest for the last month or so, thanks to their attractive valuations (less than 10 P/E!) and strong earnings growth. However, the stocks have been unable to break out due to high fuel prices. With Iran conflict cooling and oil prices falling, the JETS ETF is finally gaining some momentum this week. Individual airline stocks such as JBLU and SAVE got upgrades yesterday, which should be good for the ETF's near-term performance.
AMEX:JETSLong
by ChristopherCarrollSmith
1
Exchange Income Fund: One of my Top Monthly Income StocksEIF is a rare stock where you get decent capital appreciation alongside passive income. Not only are these two factors attractive in itself, but they have also increased their dividend virtually every year for ages with no decreases. Their diversified portfolio and continued record revenues makes this stock an amazing buy and buy off dips. There can be some pullbacks on dividend stocks so you never want to throw "in" all your cash at once. Exchange Income Fund (EIF) and A&W Royalty (AW.UN) are two of my top monthly dividend stocks that have sound technicals and will continue to provide investors with strong value over the long-term. In my opinion these two aforementioned picks represent some of the top monthly dividend stocks both in the TSX and NYSE/NASDAQ; strong charts and a remarkable dividend hike history is exactly what investors should be looking at for passive income. If you look around the market, monthly dividend stocks are very rare. Its even more rare to find monthly dividend-paying stocks that actually have "nice charts": these two are my favourites. - zSplit
TSX:EIFLong
by PaulDeep19131
JetBlue BreakdownThe daily chart of JetBlue created a cup & handle type pattern but the price has broken down today out of the symmetrical triangle pattern it had created in recent days. The price has come close to touching my initial price target before finding some buyers again. Note that the initial price target is near the 200-day EMA line as well, an important level for this stock to hold. There is not a lot of volume supporting the price before reaching the $17.30 price range should the price break its 200-day EMA.
NASDAQ:JBLUShort
by Chartimistic
Bullish options activity in Jet BlueOptions traders are betting heavily on Jet Blue today, with tens of thousands of call options located at the $20 strike. Perhaps options traders are betting on some holiday travel hype to boost the share price. Or perhaps they're banking on hype around JetBlue's investment in flying cars to move the stock. A drop in fuel prices after this week's oil inventory reports could provide a different sort of catalyst. Or maybe options traders are just betting on JetBlue's attractive valuation and analyst ratings, with a 9/10 summary score and an 82/100 valuation score. It seems there are a lot of good reasons to invest in Jet Blue. I've gone ahead and followed the trade, so we'll see where this goes.
NASDAQ:JBLULong
by ChristopherCarrollSmith
4
AAL - Call Credit SpreadAfter AAL made a double bottom, it rallied to make a higher high and touched the 200 MA. Should've gotten into the rally. Missed it completely. Anyways, AAL tried twice to breach 200 MA and failed twice. Now it looks to be heading down to at least 27 or even further. I'm already in a 31/32 Call Credit Spread @ $0.37 since Oct 30 which is now up 32% i.e. $0.25. I'm going to take profit when AAL falls touches 27 or 50% of max profit is achieved on the spread i.e. spread is worth $0.18.
NASDAQ:AALShort
by imzeeshan
easyJet - Ready to take off again?Buy EasyJet (EZJ.L) easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts. Market Cap: £4.77Billion Having completed a large inverse head and shoulders bottom in the middle of September the shares have been on a great run. The recent spike to highs of 1330p was met with some profit-taking. The correction lower has been quite shallow, and the price now appears to have broken higher from a pennant pattern. This is considered a continuation pattern and therefore the expectation is for further upside in the short to medium term. Stop: 1171p Target 1: 1383p Target 2: 1505p Target 3: 1600p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
LSE:EZJLong
by Investamate
IAG - About to flyBuy IAG (IAG.L) International Consolidated Airlines Group, S.A. is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 550 aircrafts to over 280 destinations. The Company operates various aircraft fleet services, including Airbus A318, Airbus A319, Airbus A340-600, Boeing 787-800, Embraer E190 and Boeing 777-200, among others. The Company, through its subsidiaries, is engaged in providing airline marketing, airline operations, insurance, aircraft maintenance, storage and custody services, air freight operations and cargo transport services. Market Cap: £9.25Billion International Consolidated Airlines share price has been hit hard over recent months. Following the sharp move lower we are now beginning to see the shares consolidate and potentially forming a bottom pattern. A break above the resistance at 4878p would confirm the bottom pattern and offer upside potential towards 560p. In extension of that, there is an unfilled gap at 643p, which may act as a magnet for the price over the medium term. The risk/reward is favourable from here. Stop: 432p Target 1: 560p Target 2: 605p Target 3: 640p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
LSE:IAGLong
by Investamate
1
AAL Channel Bounce Good Morning All, I trade Long Call Stock Options. I think AAL is primed for a bounce upwards. It has reached a 5 year low point at 24.40 and the lower end of the channel at the same time. These will act as support to prop up the shares. Prediction that it will swiftly move up to ~31. This is where it will be met with Resistance, if this resistance breaks , I think the Whales will Step in and Bull this upwards. Conservative play would be to wait for the 10 day SMA (Yellow) to Move upwards and Cross the 20 SMA (Blue). This would indicate an Upward Trend Full Disclosure: I wont be buying in until the SMA Cross, I am not a professional trader and this is not advice. All trading involves risk and decisions should be made independently.
NASDAQ:AALLong
by NickMichael
1
Is Southwest Airlines a Hidden Gem?This is my first TradingView video, hope you guys enjoy! Be sure to leave a like, follow, and comment! Southwest Airlines is a potential gem in this market as trade wars with China escalate. As Boeing ramps up production of their Max jets, Southwest also ramps up their flights as they are a primary user of the Boeing Max jets. Southwest did beat their earnings, however fell a little short on revenue, but if this is any indication towards Q3 earnings, I would feel bullish as these Boeing jets become more available. Southwest is also increasing their Hawaiian travel routes so this is great fundamental news for the airline! The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! You will also receive real time buy and sell signals for the stock market, cryptocurrency, as well as forex markets! We also completed our cryptocurrency automated trade bot. It trades for you, using our backtested indicator with phenomenal results! Click the link in my bio and try out the megalodon indicators today!
NYSE:LUV
by RandallGurule
$SAVE down 22% after earnings, long entry $43-46+Very short term trade, time 1-2 weeks. Closed my $50 Puts at $44, had a great earnings play betting to the downside. I'm going to use those profits to take a bit of a gamble and attempt to play the reversal. Objective: We're near multiple areas of support at $43, $42, $41, and the 1.168 Fib extension. I'm going long calls that have an August 16th expiration $45 strike. If this gets to $41 I'll buy the $42.5 strikes. 22% is overextended to the downside, and this company isn't going out of business anytime soon. I'm confident one of those will make a profit. Targeting $46-47. Subjective: I actually recently was looking at plane tickets (unrelated to this play) and Spirit Airlines has a new membership subscription program where you get perks with a $50 a year membership. Anything subscription based has been profitable across industries, airlines have all been screwing customers across the board (things that used to be free, you have to pay for/more now, because "F you what are you going to do about it"), and this company really loves to cut corners after dealing with their ticket buying system.
SLong
by teckno05
10
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. ------------------------------------------------------------------------------------------------------------------- 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
NYSE:DAL
by dorfmanmaster
JETS ETF near resistanceThe JETS airline ETF has been soaring lately on upward guidance revisions from Jet Blue, Alaska Airlines, and Delta Airlines. It is above its MACD signal line on both its daily and weekly charts.H owever, the ETF is approaching historical resistance at 31.50, and rising crude prices mean that the airlines may take a hit from fuel costs and may not achieve their revised guidance targets on earnings reports. Overall, this sector is strong but carries some risk of a reversal in the near term.
AMEX:JETS
by ChristopherCarrollSmith