1AAL trade ideas
Airlines BLASTING off soon? Bullish Should you buy AAL now at $11 while you still can? Are you optimistic about the end of coronavirus? If life goes back to how we were I expect a surge for airlines. Probably higher than the usual $25 or $30 range just because every reaction is an overreaction. AAL is still in a nice dip and is barely leaving the oversold region. It does have a bit of bearish divergence on the daily. Weekly still looks oversold as well. What are your thoughts?
*Not financial adviser
AALWEEKLY is in a downtrend with candles making LL& LH
Daily price has broken demand level
The next level of demand based on weekly $26.00 level
What is going on with these crazy voumes?I can't wrap my head around today's volume. What makes me really confused is that why there are so many supplier for this demand! And more importantly, how the hell did the sellers get to win?!! Bringing it down by 15 per cent!
There hasn't been a single green candle for weeks now, despite the ever growing volume. We see most stocks that have been hit hard, are making a good recovery without any dramatic increase in volume but this one is still struggling! Please share your thoughts.
AAL double bullish divergence, insane volume and looking juicy!Call me crazy but American Airlines looks ready to bust a move. I am still shocked by the volume today. 20+ will not surprise me at all.
AAL Watched as AAL shot up to a big supply zone. Tagged it and rejected right away. Was a quick move but was able to get some good fills on puts right away for a nice swing back down after rejection.
Think it will bounce around for a bit but no trade plans until price drifts back towards either of the demand/supply zoneS. If supply, since it was such a very brief tag, I think it can hold up. But, then again with the stock being so beaten could even see a gap and go over it.
RSI Bullish Divergence. We price are making lower low but the RSI is making higher low. A good chance we will see a bullish move in the next few days
American Airlines Heading towards 9 Years LowWelcome to Profitlio Trading!
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AAL price broke the diagonal support it held for last monthly candle. And price has heavily broke it and heading downwards and expecting a target around 3.87 where 9 years low held and the support formed.
Profitlio Trading ( Since 2014 in Financial Markets )
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Close to the bottom for AAL? Or will COVID19 take things lower?Previous bottom at $4 in 2008, we are getting close to that territory again. Though with COVID19 meaning flights are potentially grounded indefinitely will this push prices even lower? Our thoughts in terms of future investment is that buying close to that area will be positive for the long term.
$AAL - going down the stairs, and I see the numbers:9.1 - 9.3
7.3 - 7.5
5.86 - 6.2
For the next supports
Not for suggestion!
$AAL long ideaIf $AAL can manage to hold this $10 support level today; I like it for a potential long play over today's high tomorrow.
Too Good To Be True?As the chart suggests there is a strong support level at 12 that it respected today. Though fundamentally you might be skeptical of such a rally but the chart seems very promising.
AAL 10-Year LowAmerican Airlines is currently sitting at a 10-year low. Stock prices have not gone this low since 2008 financial crash which specifically was due to the housing market in the united states. As we trade near the low of the stock range we are testing near the support level. Potential for the stock to drop below the support level remains high as cashflow is dwindling for the airlines
AAL: The battle between Good and Evil.AAL has been suffering quite some drama lately, here is the full scope of things
