AAL trade ideas
NEW POSITION. $AAL Target 26.07 for 13.45% $AAL Target 26.07 for 13.45%
Or double at 19.89
This one is an easy trade always... a little low%... wish there was a divy here... haha 😂 Just typing out load...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
AAL - Bullish to NeutralWith travel the last sector to benefit from re-opening, I like AAL to reverse and begin to make a move upwards. Two levels I'm interested in are a break and hold above $23.50, and the next being $26. Bullish to neutral lean here on AAL
TARGET HIT $AAL @ 24.99 for 16.67% Profit in 28 daysTARGET HIT $AAL @ 24.99 for 16.67% Profit in 28 days
I didn't get to publish this one the day it sold because I had published too many charts that day 🤣 So here it is now a little late... I'm not even going to mark it short because it's too far away from that top now...
Summer times for AAL ☀️ (FOLLOW THE VOLUME)you all know the saying, follow the money. now let's just follow the volume. iam expecting a breakout of this rocket lets see whats going to happen!!
AAL resistance from march crashAAL has tested this resistance at $26.11 multiple times. I'm looking at a break of this level for day trade possibly a swing.
AAL long term play strategy
1. R1 $25.00, R2 $25.85
2. S1 $23.46, S2 $22.44
This is a long term buy and hold strategy. AAL has fallen from its last high of 25.85 to 24.24 with little signs of slowing down. Wait and see if $23.49 get tested, this can also be the area where first entry can be made with small position sizing only. Should it continue to fall, $22.44 is the next level to watch out. The optimal entry price is $21.00 with long term target of $25.85 and beyond. Since this is a long term play (over 1 year period), no stop loss is suggested, and your entry should be made gradually by buying on the dips instead of ‘all-in’ at $23.49.
AAL Week of 6-7 Perfect bounce off of the $24.24 support line, still maintaining its current uptrend. I’ll be looking for a push upward towards $26. So far it has failed to break over the $26 level 3 times in the last few months. If it can find a way over $26, the next resistance is $27.
If it were to break under $24.24, the next supportive areas would be $23.73, then around $22.65
AAL Channel ContinuationAAL looks to be in a near term uptrend channel. Largely due to recent upticks in travel #'s as we hit peak numbers of travel not seen since pre-COVID.
If inflation data next week doesn't heavy impact broader markets we should see a continuation of this uptrend. Negative impacts on oil/consumer spending from policy changes could be a break of this trendline and invalidate the trade.
Indicators
MACD turning
CCI at bottom of channel
AAL push to 26.15 & 27.00+ this week.AAL push to 26.15 & 27.00+ this week.
See chart for resitances along with supports.
AAL - GREAT Buy Opportunity !!Hello! Friends,
-This would be a great Buy Opportunity, IF AAL open above the Daily Resistance line at $22.17.
AMERICAN AIRLINES - 20% Higher Since our postYou don't like stocks?
Well, your bad.. AMERICAN AIRLINES is up over 20% since our post towards the end of April.
With Indices, Oil, Gold and Silver offering us an incredible opportunity (dip) to buy because of covid, American Airlines is still one of the last 'hidden gem opportunities' of the Coronavirus volatility.
Expectations? To hold for later and higher. First to 30$ and then higher.
the FXPROFESSOR
$AAL - COVID Recovery Gap Fill to $27?Was watching this for a while, but generally dont get involved in airlines. Today AAL has broken out of its ascending triangle, a bullish sign that may give this steam to fill the gap near $27. No position, but if you were interested, stop loss and target are included on setup.
AAL - Airlines recovery, BUY opportunityWe can see a nice wedge breakouts on rising volume in airlines.
Fundamentally, we should take into a consideration deffered demand on trips due to COVID restrictions. Combined with Technical Analysis it means that airlines have space to growth.
I am publishing this idea a bit later then I should, but still it is a great buy opportunity.
Keep in mind your possible risks. Probably AAL will give a chance to take a large position on retest (level 22.30). Stop Loss 21.00
AAL Fib LevelsFibonacci levels definitely had a big influence on AAL price action the past week. On Friday price broke down through .618 with volume. Last time this happened on 5/20 it went down to .5 level ($22.28). Looking to short on Monday if things are bearish.
