AAL with good opportunity for a long positionThe trigger was done. Possible going up for next days or weeks.
AAL trade ideas
My AAL IdeaHello again,
You know I like to keep things simple
I just trade on Price Action.
Airline stocks are still risky but it's worth a shot here.
As you can see 19-20$ is holding as support.
For me that's a buying opportunity.
Below 18.30 I would cut it
I'm going for a HH here so $30-31 would be my target
low risk entry!Entry: 19.35
Stop loss: 18.93
Reward/Risk: 6.36
Target range: 22
Time Frame: 4 wks
Possible gain: 13.18%
Possible loss:2.17 %
Position size: 5% of trading capital
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Airlines have buyers at these prices!Looking at the trading volume you can see all Major airlines traded with above the average volume at these prices!
I think in the next 4-6 weeks they have the potential to gain +10%!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Swinging AAL OptionsMonthly Swing Trade For AAL, entry, exit, and profit potential are noted in the bubbles
American airlines looks like lower prices are in the futureAmerican airlines has formed what appears to be a triangle pattern that usually breaks bullish, however, the oscillators on the monthly chart seem to indicate that more selling is instore.
Triangle pattern
Hidden bearish divergrnce
Rejection at critical resistance.
AAL $20 Calls December expAAL bouncing the bottom of this trendline. Could see some upside movement right in time for the holiday season!
Entry: $19.50
Trading Plan on AAL | What we are expecting Today, we will take a look at American Airlines Group from a technical perspective.
The main aspect we can observe is the weekly trendline working as dynamic support since 2008. We can consider it a major level from where we have observed lasting bullish impulses in the past.
Alright, if that's our support level to start thinking in bullish opportunities, we need to make sure that minor levels have also been broken. In this case, we have a descending trendline that started in 2018. The price broke it in March this year.
After the breakout, the price has been consolidating on a range from March 2021 until the current date.
The trading plan here is about waiting for the breakout of the current structure (yellow lines). IF that happens, we will be waiting for a small correction on the daily chart, and we will execute orders on the new local high.
Targets: On the weekly chart, we can see a major resistance zone around 56. However, we are not using that target because we may get stuck in long corrections. That's why we will use a minor resistance zone at 44.00
R/R ratio = 4.
Risk on the stop loss = 3%
Expected duration: 200 days
The main idea of defining a situation in advance is that we already know how to trade IF we observe these conditions; otherwise, we will not be trading (you have more than 1000 charts to keep looking for premium opportunities)
Thanks for reading! Feel free to add your charts and ideas, on the comment's box
i sawe a dream, i saw rocketi'm whating for lower price
stop covid19
it's long term 4 long time
good luck, keep your money safe
Airlines landing once again!On November 1st, 2021 I published an analysis for major Airlines, they experienced a +10% gain and start landing again!
And then I perfectly call the resistance:
they could become a long opportunity near their support lines!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
AAL to the downsideSector rotation with travel + having trouble breaking $22 yet again. Possible gap fill to the downside.
Long American AirlinesDecreasing Covid restrictions and the bullish gap let me think there could be an outbreak to the next resistance line4
American Airline at Flight limit altitude!In the past 6 months, American Airlines fluctuates between 18-22 and this could repeat again!
If you have an open position, Be careful in the next few days!
in the past 3 tries, AAl failed to pass above 22.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
AAL: bullish MACD crossover applicableUpside price momentum supports the bullish trend direction.
Above 18.85 supports a bullish trend.
Bullish MACD crossover applicable.
RSI leaves enough room for further upside price potential.
Keep an eye on the 200-day which might act as some resistance.
AAL clear of sight?
AAL finished its strong pullback, smart money buying below $19 last week. Followed by a strong close on frday
Potential Cup & HandleHello Friends. Just a short idea here.
AAL is potentially forming a cup and handle on the weekly chart. Could be a nice play to target around 29-32$.
I will be glad to hear you're opinion on this ticker.
Nice week to everybody.
AAL - 2hours chartAAL at two hours
Buy from 19.05 to 19.35
First target 20.23 / 5.57%
Second target 21.00 / 9.39%
Stop loss to close below 18.65 / -2.85%
This recommendation may take up to one month
AAl tradeAAl is trading in a channel and it could break out to either side. There is also a gap above to fill
AAL possible outcomeAAL has been milking money from both sides of investors, most smart have been in position since last year, A great way to reallocate postions is to wait till AAL goes below $19
AAL good earnings but poor psycologyAAL failing to break and maintain $20 Looking for strong buys at $18.50 - $19
american airlines on watchlistwe should wait for more confirmation for open a long poisition, but seems like aal is about to fly to a new high.
