A Double Bottom in AAL
Here we have a double bouttom that broke the resistance line and made a pull back on what is now the support line, at the time it bounces on the support line we should go long
1AAL trade ideas
AAL (Long) *recommend*We have double bottom pattern on the historical support. You can get long after pullback. *recommend*
Long short term calls on AAL!bullish chart....plus boeing is getting hammered in the news lately, bodes well for AAL I would say. only in the micro short term though, they have other issues on the books
AAL (Daily analysis)It's most likely to go high. Because we are on the historical support line and have a bullish divergence too. Then maybe we have double bottom pattern but we should wait for its completing first and then you can get a Long position.
You can also see my weekly analysis at here.
AAL Long-Bottom of RangeNASDAQ:AAL
Analyst projections for the summer caused oversold sentiment. Buying at bottom of range for holiday season. TP:~$55
Longterm investment in american airlines Orwait for BIG DRopit could be time to invest in American Airlines longterm
AAL buying for the LONG (2+ years)Buying at ~28.29. Take profits if we hit ~49.03
my fair value for this company is $31.00
BUY AAL (+0.5X) and LUV (+0.5X), sell DAL (-1.0X)As 737 MAXs can fly soon, perhaps the airlines that have many 737 MAXs may start to earn more money.
Buy Americal Airlines NASDAQ:AAL and Southwest Airlines NYSE:LUV and at the same time sell Delta Airlines NYSE:DAL , which is not dependent on 737 MAXs.
AAL is going to $32 levelAAL is doing great for the last 7 days. It was at its 52 weeks low and continuing its momentum, and the previous pattern shows that during the month of septemeber it will always be bullish. You can see that MACD is on a buying (I love to see it greenish) and on the daily chart, the 9 EMA start to cross the 14 EMA. However, I believe it will reach 32 levels by the end of this week or next week.
Note: This is my personal view and I am not a financial advisor. Trade at your risk and I do have option contracts for AAL.
American Airline AALAAL is still showing bullish. Even though the market was down yesterday, AAL still holds the price. MACD is also showing trend reversal.
AAL rising above 10 day EMA with RSI confirmationI've gone back to simpler Trend Trading signals.
The price has crossed over and remains above the 10 day EMA with RSI crossover of 30 as confirmation.
BOUGHT 10 AAL Oct18'19 22 CALL @ 4.7
American Airlines AAL BullishAs expected, the AAL break the resistance line and it started looking bullish. It was at its 52-week low level at 24.52 price range and now look like it taking a bullish trend. I noticed that AAL will be bullish during the month of September. Today, I have ten contracts for call option.
Note: I am not a financial advisor. Please trade at your risk.
