AAL trade ideas
American Airlines: Buy opportunity on the 1W MA50 break out.AAL has completed 2 years since the January 2018 top. The downtrend since then has been non-stop and 1W even formed a Channel Down with the MA50 (blue line) acting as a Resistance and Lower High.
With 1W however turning neutral (RSI = 49.107, STOCH = 47.539, ADX = 14.260, Highs/Lows = 0.0000) after finding Support at 24.70 (has been holding since June 2016) and even making a Double Bottom there, and the RSI on a bullish divergence, we are expecting a strong bullish break out once the MA50 breaks.
We will buy on the break out and aim at the 1W MA200 (orange line).
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American AirlinesPotential long on AAL. Currently sitting at near the major all time lows. There is a clean double bottom formed in the end of 2019 and there is a slight upwards trending chart now. If holds this position and earnings are strong that we can look for the stock to make a new push back towards previous highs.
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.
$AAL Breakout or Breakdown?Breakout or breakdown from the symmetrical triangle pattern would give a long or short position opportunity.
AAL Fat Descending ScallopBig boi descending scallop, possible upward movement, however low success rate in a bearish market. A rising wedge can be seen to have caused this scallop (highlighted in red) Included fibonacci levels for possible upward movement targets.
$AALInsanely good RR on calls for $AAL near 27.5 level (Hourly orderblock + Trendline suppport). If breaks lower, short the retest to low 27 and mid 26.
Investment ideaAmerican airlines look pretty attractive given a flat structure that may be completed.
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American Airlines: LONGAmerican Airlines may soon take flight. The stock has been driven down to its 52 week lows and I believe the support is solid enough to create a reversal. We can see an inverse head and shoulders forming. I think if we can close in a bullish engulfing candle above $30 it will be a great indicator that the stock will continue higher.
American Airlines (AAL) - Channel trade AAL through reversalClear as day reversal from AAL's 52-week low. Evident bounce from the low back in June of 2016. $27.05 has historically been a very strong support for AAL. Increased consumer spending and lower volatility in terms of oil has produced a positive story for the undervalued airline company.
Current trade set-up - Short term target of $33.15 (13.5% upside) in 1-2 weeks. Channel trading in a vary narrow range.
Return to max tentatively april of 2020 for AAL. Up to Boeing to deliver at this point. Any additional news of Boeing returning 737 Max to operation will give AAL higher upside.
Long AAL AAL is forming an ascending channel; inside this channel, 4 waves have already formed. Looking to enter this trade and exist at the end of the 5th wave, which will be my target at $33.80
$AALApproaching resistance, short the orderblock with tight SL.
If stopped, wait for retest and flip long.
AAL - DAILY CHARTHi, today we are going to talk about the American Airlines and its current landscape.
With more than 400 planes grounded, 737 Max crisis is still backlashing Boeing Co., and now the Boeing problem could become the industry "problem" as the Federal Aviation Administration (FAA), may fundamentally change the certification process of aircraft, by prioritizing the human factor in the proceeding. The FAA wants to appraise how quickly airline pilots can react to emergency situations and possibly evaluating how the design o planes make it easier or harder for the pilot's reaction. The proposals need to be the debated of Congress, that has been criticizing the FAA administrator Stephen Dickson over its close relationship with the industry, Dickson it's a former employee of Delta Air Lines.
The effects of the 737 problems, combined with the slowing down economy entails strong headwinds for the whole industry, plus this new regulatory change, companies could see a shrinking of its orders, and more costs to have products in-line with the new possible FAA framework. The positive highlight of the day for the sector goes to the orders coming from several airlines, like Emirates that ordered 50 Airbus A350 jets in a deal worthing $16 billion; Air Arabia ordered 120 Airbus A320s in a $14 billion deal, and Etihad will take 20 Boeing Co. 787 Dreamliners.
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PROBANDO ESTRATEGIA DE OPCIONES SOBRE ACCIONESPROBANDO ESTRATEGIA DE OPCIONES SOBRE ACCIONES
TIEMPO DEL CONTRATO 60 DIAS
CONTRATO CALL
Long, Good time to buy at low price per share before 2020!I analyzed in AAL's financial statement, balance sheet that showed me Before March 2018, Share was high per price. Then after March 2018, it went bearish price because AAL company had spent on expenses to improve financial in balance sheet in a future also increase assets from the more airports 777-300 also new built airplane large size for AAL company in Ronald Reagan Washington National Airport (DCA). that why price went bearish after March 2018, so I believe that would be increase price from new cashflow, also increase customers rate after 2021. What do you think?
double top on AAL
we can observe a double top, to break the pattern we put a short. We cannot forget the stop loss and the take profit with the projection given by the pattern. At the moment we maintain the position.
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.
AAL LongGreen zone is buy,
Dotted Green line is particular level of interest. Monthly.
Mid level targets are yellow
If it pushes above the yellow range, long term targets are orange zone.
