Clear buy setupA decisive breakout from the bullish triangle pattern has occurred, with target levels around 18. Supporting this bullish outlook, positive news around American Airlines’ expansion plans adds further momentum, fueling optimism Like/comment if you agree. Thank youby kimhil3
AALan upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidenceLongby Humble_HunterUpdated 3
AALIf NASDAQ:AAL pulls back to 11.00 and holds I like it for a bounce back towards 12.91. Longby MarketMechanic244
AAL ( American Airlines Group Inc. ) BUY TF H4 TP = 14.34On the H4 chart the trend started on Aug. 13. (linear regression channel). There is a high probability of profit taking. Possible take profit level is 14.34 This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.” Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTradingLongby WeBelieveInTrading113
AAL is on its way to the orange fibonacci level.AAL broke out of a rising wedge and is going to fall down from this gap to the orange level below. It should be there within 2 weeks or so. The bearish resistance gap will push it down along with the momentum from the rising wedge. Have fun!Shortby TradingBangersDaily0
American Airlines AAL approaching an important level AAL is on a 30 minute chart. It had a big downtrend for the first week of the month and then consolidated in a tight range and then a retracment trend up. Price has reached the top of the high volume area of the volme profile. It is near to the standard Fibonacci retracement zone tooled onto the chart. This zone from above rejected price on March 7 and 8. AAL has had news of late about baggage problems but then came the news about an agreement about expansion and remodeling at O'Hare in Chicago. I will watch AAL here, it make break through the zone and then rise as much as 5%. However, it could be rejected and 5% into its support based out during the consolidation.Longby AwesomeAvaniUpdated 338
All Aboard!AAL has been getting hammered for a while. However, there looks to be light at the end of the tunnel. RSI has printed a classic bull div. This means price has made lower lows but RSI has made higher highs. So price will have a high probability of swinging up. Furthermore the MACD is crossing over bullish. The histogram is about to be bullish too. I think this is a good midterm swingLongby AmazinRaisin3
AAL Testing $9.50 Support with Rebound to $13 PossibleAmerican Airlines (AAL) is testing the $9.50 support level, with price consolidating around $10.05. There is a potential for a rebound from this zone as it coincides with prior support from early 2020. Volume is high, suggesting accumulation at these levels. The target of $13 aligns with previous resistance in late 2022. A stop at $9 protects from downside if the price breaks below support. { "direction": "Long", "symbol": "AAL", "interval": "1W", "stop": 9.00, "profit": 13.00, "risk": 110.00, "reward": 290.00, "quantity": 100, "score": 5 }Longby ivvix5
AAL American Airlines Group Options Ahead of EarningsIf you haven`t sold ALL before the previous earnings: Now analyzing the options chain and the chart patterns of AAL American Airlines Group prior to the earnings report this week, I would consider purchasing the 10.50usd strike price Puts with an expiration date of 2024-7-26, for a premium of approximately $0.41. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Shortby TopgOptionsUpdated 3
Is AAL a good swing trade ? - Let reviewLooking at the chart for AAL and based on its current pattern, the support levels are at $8.30. You can aim to take profit at $11.00 and then further at $14.00. The company is currently experiencing a bumpy ride, but I believe this will be short-lived. At the mentioned levels, it's a very good opportunity for swing trades.(Profit % : Around 20%) The RSI is at the bottom too, which indicates stock is gonna raise. This graph is based on my observations. I encourage you to conduct your own analysis before investing or trading any amount in any stock. Thank youLongby sumanthduthuUpdated 112
Crashing airlines - Brace for impact to $6.04Inverse Cup and Handle formed on Anerican Airlines since 27 July 2020. The price still needs to break below the brim level, but it's looking really bad. Nature: High Probability Price<20 Price<200 Target $6.04Shortby Timonrosso110
American Airlines (AAL) set to fly?Off the top of the 10AM scans this morning is a spike on NASDAQ:AAL with a good ATR Clearance of the bottom of the range. Why I like this spike, at this position, is based on the Daily low from back in October where this spike also represents a rejection of the Volume Profile level from that low: Good chance for a bottom pick!Longby norok1117
AAL : Re-entered into the scripTook a position in the scrip once again, for about 0.625% of the net capital. Will consider adding on to the position if the price crashes down to the lower trend-line of the descending channel. If not, the high of the channel will be considered as a target for a move of about 49% from the current entry level. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.Longby Sniper-Traders224
We expect a breakdown from the wedge.🐻NASDAQ:AAL Stuck between a rock and a hard place 🪨 👇 American Airlines (AAL) Posts Q1 Loss on Surging Labor Costs. Reduced revenues and squeezed margins makes the case more strong for a bearish scenario to play out. Will you be shorting?🐻Shortby JK_Market_RecapUpdated 111
American Airlines Group Inc | Key Levels | IdeaAmerican Airlines Group Inc | Key Levels | Idea Stock will remain bullish above $17.17 on closing basis , we may see a 100% upmove from $17 to $34 gradually stop limit will be same line ahead Longby XDataAnalystUpdated 8
$AAL Generational buying opportunity?Just need to look at the chart. Looking at options the put wall Is at $10, so It's possible that it visits that price, but probably just to then bounce back. I'm going long at this price point, Will cost average More if It drops to $10. Longby devdalistudio5
American Airlines Downgrades Forecast and Loses CCOAmerican Airlines recently revised its financial forecast downward and announced that Chief Commercial Officer Vasu Raja will leave his position next month. This comes amid a challenging period for the airline, which has been underperforming compared to rivals Delta and United Airlines. The company now expects a sharper decline in unit revenues for Q2 and has lowered its earnings per share estimate to $1-$1.15. Raja’s departure follows recent strategic changes aimed at increasing direct bookings. Vice Chair Stephen Johnson will temporarily assume Raja’s duties. Following the news, American Airlines' stock fell over 8% in after-hours trading. Key Points: * Unit revenue expected to decline up to 6% in Q2 2024 (previously forecast at max 3% decline). * Adjusted earnings per share for Q2 2024 lowered to $1.00-$1.15 (previously $1.15-$1.45). * CCO Vasu Raja is to depart next month, following recent commercial strategy changes. * Challenges include weaker international connectivity and pushback from corporate customers on new ticket distribution strategies. * American Airlines stock dropped over 8% after the announcement. Trading Idea: * Short American Airlines (AAL) with a stop-loss at $16.41. * Target prices (T.P.) for downside move: $10.89, $7.61, $4.06 (and further down to $2.89).Shortby signalmastermind5
AAL Long PositionHi traders, Turning our attention to American Airlines Group Inc. (AAL), we can observe a symmetrical triangle pattern forming over the past few weeks, signaling a potential bullish breakout. American Airlines is one of the largest airlines in the world, operating an extensive domestic and international network. The company has been navigating the challenges of the aviation industry, focusing on operational efficiency and cost management. As travel demand continues to recover, American Airlines is well- positioned to benefit from increased passenger traffic and improving market conditions. The symmetrical triangle pattern is characterized by converging trendlines, where the highs and lows of the price create a series of lower highs and higher lows, forming a triangle shape. This pattern typically indicates a period of consolidation before a significant price movement. As AAL approaches the apex of the symmetrical triangle, a breakout above the upper trendline could confirm a bullish reversal. Considering the positive outlook for the airline industry and the technical setup, entering a long position upon confirmation of a breakout above the upper trendline of the symmetrical triangle appears favourable. 1st Take Profit: 19.06 2nd Take Profit: 21.34 Final Target: 23.49Longby vf_investment6
AAL: gearing up for a re-bound?A price action above 14.00 supports a bullish trend direction. Further bullish confirmation for a break above 15.00. The target price is set at 16.00 (its 200-week simple moving average). The stop-loss price is set at 14.00 just below its 38.2% Fibonacci retracemenet level and its 200-day simple moving average). Earnings announcement might create additional volatility.Longby Peet_Serfontein3
American Airlines (AAL) Getting Ready to Break HigherShort Term view on American Airlines (AAL) suggests that rally to 14.65 on December 15, 2023 high ended wave (A). Pullback in wave (B) is proposed complete at 12.78 as the 45 minutes chart below shows. Internal subdivision of wave (B) unfolded as a zigzag Elliott Wave structure. Down from wave (A), wave A ended at 12.89 and rally in wave B ended at 14.67. Wave C lower subdivided into 5 waves. Down from wave B, wave ((i)) ended at 14.2 and wave ((ii)) ended at 14.63. Wave ((iii)) ended at 13.18 and wave ((iv)) ended at 13.34. Final leg wave ((v)) ended at 12.78 which completed wave C of (B). The stock has turned higher in wave (C). Up from wave (B), wave ((i)) ended at 13.22 and dips in wave ((ii)) ended at 12.87. The stock resumed higher in wave ((iii)) towards 13.98 and pullback in wave ((iv)) ended at 13.41. Final leg higher wave ((v)) ended at 14.47 which completed wave 1. Stock should now pullback in wave 2 to correct cycle from 1.17.2024 low before it resumes higher. Internal subdivision of wave 2 should unfold in 3, 7, or 11 swing. As far as pivot at 12.78 low stays intact, expect the stock to resume higher again after wave 2 pullback ends.by Elliottwave-Forecast113
Next Spirit Airlines buyer is AAL?Bullish setup. It may be the next buyer to acquire Spirit Airlines after the judge having blocked the merger with JetBlue. Decent strength and volume. And MACD turning bullish from the temporary bottom formation at 13 dollars. 30 dollars long-term in 2025.Longby fantasyste1
RiskMastery's Red Flag Stocks - AAL EditionWelcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential . In this edition, we'll be looking at NASDAQ:AAL ... I believe this code is at a point of potential volatility. If price can hold below $13.21 ... Bearish potential may be unlocked. My key downside targets include: - $11.61 (Conservative) - $10.52 (Medium) - $9.40 (Aggressive) If however price breaks above $14.34 ... Bullish potential may be unlocked. (My key risk targets - C, M,& A - are as noted on the chart) Enjoy, and I look forward to being of further service into the future. If you'd like to connect, feel free to reach out and/or comment below. Mr RM | Risk Mastery Disclaimer: This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.Shortby RiskMasteryOfficial112