AAL trade ideas
long AALWith the idea that we are seeing the light at the end of the tunnel. Many states are opening up even in phases. AAL will rise with the markets.
looks like it might even be able to reach $13 if not the end of this week then by the end of next week.
The only thing I can see slow down progress for airline stocks is another outbreak of the virus. They will also not be back in full capacity I understand that 100% In fact I have Airline workers that have said they will cut the capacity by %30 which may increase rates by 30%+
AAL analysis Hi friends
the graph of this market shows that there is a high probability in the coming days that it will experience a bearish trend up to 5.50 at first
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AAL is gonna hit $4.95 as end point of primary wave 5 of cycle CAAL or American Airlines stock
On daily timeframe, it really clear for me, that price is in progrees to finishing primary 5 of cycle C . I think price must be ending on extension 123.6% or $4.95 in the future.
DISCLAIMERS :
* My EW labelling perhaps different with other EW traders.
** This analysis however is subject to change anytime ( with or without notice by me ).
*** Every result trade of you, I am not gonna responsible for it. I just sharing this analysis for learning purpose only, especially for people who really want to know about Elliot Wave technique.
AAL Slow back to normalCould see a slow U shaped recovery of AAL in the coming future.
A lot of potential upside as people want to escape to vacation land.
Might see one more dip if another resurgence happens with the virus.
AALLooking to swing some puts on NASDAQ:AAL if we reject this huge downtrend that you can see on the daily. If we break above, I will keep that in mind in order to play the upside. We will see
$AAL Weakest one of Airline stocks possible 50% decline to 6.4As discussed, any bounce is good opportunity to load shorts as decline trend line keep falling and breaking bottoms . Compared by others its showing weak indicators and more possibility to drop further .. Unless something big happens and jumped above 12-14 levels which can ends the falling trend
AAL Long, demand zone confirmed and Breakaway GapCondition:
1. False breakout stopped most of the positions bought in the demand zone.
1.1 After big down move
1.2 consolidation in Demand
1.3 Break through the Demand
1.4 One bar down, next bar up, back to the demand zone.
1.5 Higher than previous high
2. Breakaway Gap (G1), down trend line break.
Earning Date: 7/30/2020. It will not affect this trading plan.
Estimate: Demand zone at $9 could be hold.
Entry: 9.5
Stop: 9
Target: 12; risk/reward=1:5
This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
AAL - Double bullish missing right shoulder divergence on DailyLong trade on American Airlines group
Double Missing Right Shoulder Divergence
On the weekly The impulse is yellow and allows the trade
On the daily I see a bullish double missing right shoulder divergence, Stochastic RSI curling up on the daily, prices also diverging with MACD lines and EFI.
On the 4H Timeframe Thers is a triple bullish divergence as well, including MACD-lines and EFI divergence.
Stop loss is 2 ATR levels away on the 4H timeframe.
Entry 9.85
Target 1: 12.61
Target 2: 13.99
SL: 8.31
R/R ratio: 1:1.85 to 1:2.44
I had my entry on 9.82, but that was missed by 3 cents.
Let’s see if we can get in tomorrow.
I hate shorting this far downHey guys,
So the airlines have already been decimated. Looking at this chart, I would consider taking a short at a trend line break to the downside. I know it's already fallen so much, but this support is the last thing AAL has going for it. If this breaks .. lookout. Happy trading,
- Matt
Swing Trade Idea AAL (1Month Horizon, 25%)TA: RSI, MACD in the Weekly chart shows that sellers are covering their positions. 4H Chart is also bullish.
Fundamentals: As the economy reopens and US provided financial support. Its fair to say that airlines are not going bankrupt or nationalized. Also mergers in the airline space may be on the books here in order to "save this critical US industry".
From a risk management , if AAL reaches 25% of All time high market cap we are @15 ( 50% upside) with a tight SL @9 (-10% downside) this trade is simply too good from a risk/reward perspective.
NOTE: Always do your own research before trading. This is simply my opinion of the market.
American Airline - AAL Technical AnalysisNASDAQ:AAL
Let's wait to see if the support level will be broken and see if the price will go down up to 5 USD.
Airlines are a tricky and complicated business that, personally I would stand aside.
Double check the prices movement with:
BME:IAG
EURONEXT:AF
AMERICAN AIRLINES IS GOING TO HELL !??Dear Traders,
For my first stocks analysis i would like to show you what could be a nice opportunity with AAL !
Really simple chart but we don't need more !
Back on the 02th June 2008, remember it was the period of the World financial crisis (2007-2008), AAL hit its first lowest point at 2.36 $.
1 year later, AAL hit its second lowest point at 2.29 $.
From these two lowest points till the 1st February 2018 with a top at 52.98 $ ALL had a nice Uptrend !
But since this top AAL has been crashing & it seems it is going to hell now...
What thinking about this !??
Is it the right moment to buy the stock or is it better to wait a little more & find a better opportunity ?
In my opinion, I see 3 different opportunities to buy the stock with a long-term vision.
And one bad scenario that i don't really want but which is possible too !
1st opportunity :
If AAL extend its Downtrend & hit the first white line which is our first target with a low point at 6.99 $.
You could buy at this price level !
2nd opportunity :
If AAL hit the second white line with a low point at 4.45 $, You could check to buy the stock around this price level !
3rd opportunity :
AAL maybe could crash deeper and reach its lowest area between 0 $ & 3 $.
If this happen it will be the best entry point ever to buy the stock !
Now the bad scenario :
Ok so, if buyers decide to buy the stock massively in the next days or weeks.
I'm fucked LOL !
But let's be (optimistic) because of the COVID CRISIS, and the situation nowadays all around the world for the Airlines company, I really don't believe that AAL could rally soon again.
Remember also that Warren Buffet likes AAL (it's an undervalued company) !
In short, AAL could bring you a nice opportunity to buy it in the next
months !
So, be patient & ready for a nice opportunity !
I hope you'll like it !
Please don't forget to support me by a following & a like !
Take care !
Thanks & see you !
AAL is gonna down to extension 123.6% ( the end of wave (II))American Airlines is stuck on $10.11 point, but for me it will going down next days to hit $4.87 .
Because situation of price is almost finish the wave ( II ) , so that is why I suggest you to buy it . Not now , but later , we can open buy on $4.87
After wave (II ) is finish, usually there will be massive motive wave ( III ).
Thank you
AAL BounceAAL has been consolidating between $9 to $13, it has recently bounced off the low of $9 and is range bound to $13.
AMERICAN AIRLINES struggling to fly again-Neutral MarketHello everyone,
NASDAQ:AAL encounter difficulties to cross the 0.23 Fiboonaccci level TWO times in a row after a strong pullback in the 50% Fibonacci level, and the 9.14$ price seems to be a solid resistance until now.
My POV; it is preferred to stay away from NASDAQ:AAL AT THIS PERIODE, we will consider investment if the price crosses the 23% Fibonacci level backed with buyers solid volumes.
Kind regards.
AAL DAL LUV BA Time to fly is approachingAs everyone knows, the airlines have taken probably the worst of the hit from the pandemic.
If you take a look at the weekly for all the top airlines and BA, they all look very similar.
I present American because I like feel like this chart has one has more defined risk areas due to recent price action and currently sits at one of its strongest supports in the history of the stock
From highest time frames to lowest, here is my bullish case:
Monthly: RSI has never been this oversold in its history, even at the near collapse in 2008
Weekly:You cannot miss the bullish divergences on weekly RSI. It is rare to see on a weekly chart.
MACD bottoming nicely.
Daily chart shows lots of incoming accumulation volume starting the end of April. After the Buffet news, it seems lots of retail investors dumped their stock into stronger hands.
Bullish divergences on RSI began Middle of March. Almost 2 months of divergences will make this thing pop strong and fast when it is ready.
Admittedly, the market structure is still bearish. Lower highs since the start of the fall with the last high at 13 dollars.
What intrigues me now though is this second bounce off 9.08 lows. It may not ultimately be the double bottom we hope for, but that 9 dollar mark created a defined stop loss.
I am playing AAL here. If it is to break below 9 dollars and close the week at that point, it is a clear sell with reassessment at 7.80-7.95. Break that and ill be a buyer at 5.25
First target here is 15.50.
This trade needs 1-2 months, and possibly to August. It is a buy and hold. When fall comes around, it is IMPORTANT to assess due to the potential of the second wave of Covid-19. If it hits again, run for the hills because the second time around we will have a full 6-8 months of Corona season, debilitating all airlines and probably bringing them all back to all time lows, in this case $1.50.
If you do not get greedy on this trade, you will get a 50% return within 3 months. It is a gamble after that until a vaccine is out there.
