Waiting on bounce to lower trendline into upmoveAnother Wyckoff set up here where it's already gone way past the trading range and looking to extend out to the price where it was prior to COVID. That price target is $30.
AAL trade ideas
AAL: Invisible BreakoutAAL made quite the move during the nights of April 23rd and April 26th, and that move was a gap up above the downtrend, with an open at $21.46 and a close at $22.00. This invisible move is very bullish, as AAL was in a downtrend for about a month and now the gap up has broken the trend. We failed to break $22, and are now ranging between $21.64 - $21.06. However, before we get too excited for a continuation, I presume the gap will be filled ($21.21-$21.46), as we gapped through a pretty major price level, as previously mentioned. Statistically speaking, gaps have about a 91% chance of being filled according to bioequity.org. Once this level has been cleared, I anticipate a continuation of the breakout by breaking out of the established range and continuing to the upside, as bullish sentiment for AAL will continue to be fueled due to reopening optimism.
AAL, TIME TO BUY?Hello fellow traders and investors, here's another trade idea.
AAL has recently pulled back to the bottom of the channel and if it makes a recovery to the take profit area it offers a 28% ROI
Technicals:
The Macd indicates that it's oversold
The RSI indicates that it's oversold
The volume indicates that the buying volume is getting exhausted and looks like we are going to get some selling pressure that's why I am recommending an entry around 20$
When To Buy:
At the 20$ range
When To Sell:
At the take profit area
Fundamentals: American Airlines engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The firm offers air transportation for passengers and cargo. they have a P/S of 1.03, a sales growth Q/Q of -52.90%, an EPS growth of 62.60% Q/Q, a profit margin of -61.50% and a short float of 14%.
Rating: 75/100 since their technicals are amazing but airlines are in a very tough position right now that could lead to some of them going bankrupt however the vaccine is getting rolled out so I'm not too worried.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed please leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
Bullish Unusual Options Activity on AALNASDAQ:AAL $23 strike calls for April 30thh 2021 expiration traded today.
Unusual Activity for $23 calls about 29K contracts traded today. Very less time on these options and Theta will be greater as expiration approaches.
Good break of trend and CCI is moving into buy zone creating higher highs.
This is good day trade idea if stock continues to move up tomorrow. You can also consider longer expiry options.
Target $22.50 & $23.00
Follow more unusual activity signup for a free trial using my referral link marketaction.live
Please let me know in the comment if you find this useful.
American Airlines AAL Short Entry LevelsLevels of support and resistance for American Airlines. Hoping they push to fill my last short orders at the gap. Will take short profits at the green levels of support. Not financial advice, just my trade plan.
$AAL Triple SupportAmerican Airlines shares have fallen off of that recent high at $26 and now appear to be consolidating at the 50 SMA, the 50% retracement, and the slanted support line drawn in on the chart. Anticipate a bounce from here. Good Luck!
4/6 AALWe have exited AAL at 26 weeks ago, and now it is back to a support
(1) AAL needs more time to consolidate, should not hurry
(2) expect to consolidate around 20-17, this is a good entry zone for me
(3) target price above 26 in Q3 and Q4, leap shall do fine
Bullish on AAL(This is not financial advice)
Hey everyone good symetrical triangle here on AAL. This combined with the reopening of the economy allows me to believe that this stock will have a lot more money flow into it. I set up support and resistance and with some good volume I am very bullish on this stock.
If you agree or disagree be sure to leave a comment and like and follow if you my other ideas.
Thank you!
- Vlaire
AALAnalyst's Opinion
Consensus Rating
American Airlines Group has received a consensus rating of Hold. The company's average rating score is 1.63, and is based on 1 buy rating, 8 hold ratings, and 7 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.57, American Airlines Group has a forecasted downside of 26.2% from its current price of $21.11.
Amount of Analyst Coverage
American Airlines Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
NOT AN INVESTMENT ADVICE.
Every investment and trading move involves risk, you should do your own research while making a decision.
Best regards
Take Off With American Airlines With the earnings data of American Airlines just around the corner, now seems like the perfect time to consider going long on ALL's stock at the most opportune moment.
The coronavirus pandemic has pressured the stock as the tourism sector as a whole suffers from low activity - this was exacerbated recently with the global uptick of new cases - but the situation is improving.
AAL has consolidated above the psychologically significant support level at 20.00, which entails the potential emergence of a new bullish trend from said level.
Notice that the price action is currently in the process of establishing a major Falling Wedge which represents a classic trend continuation pattern. Once the price action manages to break out decisively above the Wedge's upper boundary, this would allow for the rally to continue advancing further north. The previous swing peak at 26.00 represents the first major target for the bulls.
Keep in mind that the market is currently ranging - as elucidated by the fact that the ADX indicator is threading below the 25-point benchmark, which means that the price is likely to continue fluctuating within the Wedge in the foreseeable future.
AAL is likely to attempt another false breakdown below 20.00 before it can break the range and establish a new uptrend.
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Trade Setup:
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
AAL- Great entry point for American AirlinesTechnically speaking the entry level seems perfect.
Fundamentally, life is going back to normal and people will start flying again more.
I am buying this today
the FXPROFESSOR
American Airlines : end of bull-run? Volumetric analysis and position management to limit risk, constantly updated, to follow my operations, always for information purposes.
As you can see we have reached a turning point, both as regards the 786 Fibonacci level, which among other things coincides with a gap created at the end of February 2020, and for the volumetric levels, i.e. the price exchanges, verified. on certain values.
26 (25.95 to be more sure) is the target.
This week there will be the Earnings, the forecasts are bad, obviously, so a positive surprise could give the final boost to the title to reach and exceed the target.
Realistically, however, AAL really seems to have run out of energy, the week just ended was further proof of that. Low volumes, unloading of the stock which then closes below the support trendline it had held since January 21.
The price space is very low, sometimes it happens that there can be 1 or 2 positive days before the earnings. We'll see.
My "stop profit" is very tight, in the area of 21.61, if it is taken it will still be one of the best trading operations of the year. (My enter price is in 15 area)
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AAL: Anti-Vaxxers Will Sink itAmerican Airlines is one of the weakest carriers based on EPS (-$5.26) and negative debt-to-equity levels. AAL even lost money in the fourth quarter of 2020 which is when air traffic had somewhat stabilized.
Smart bears like to pick on the weak, and AAL certainly fits into that category with a steady multi-month downtrend already in place.
Bulls at this time would try to throw out TA and argue that vaccinations will lead to a recovery in air traffic which will lift AAL back to profitability.
This sort of analysis is always perilous because it's subjective and assumes the market has not already accounted for the (likely surface level) analysis that you've done.
Additionally, there is a headwind that hasn't yet been covered much in the media: the issue of the anti-vaxxers. More than 40% of Americans claim they will refuse to take the COVID vaccine (various surveys), and most of them are paranoid and siloed off from the mainstream media, so any type of "education" is unlikely to reach them. If we don't even get close to 90% vaccination rates by the end of the year - the level Dr. Fauci said is needed for herd immunity - then some of the assumptions AAL priced in may be incorrect, and perhaps the downtrend is the market already realizing this. Waves of COVID variants spreading among the unvaccinated could significantly derail AAL's recovery prospects.
Really, this is all to say just go with the trend, and that trend is down despite SPY rallying to all time highs with 8 straight days of up auction. Vaccine & COVID surprises, if any, are more likely to be skewed towards the downside at this time.
Short with confidence.
Targeting the 200 Day EMA (around $18) and then, ideally, the 0 fib ($14).
AAL Trading One Pennant Setup for Another: STILL BULLISHTRading AAL is still a viable play it's just a matter of time. I lay out a few scenarios based on converging trends. It's starting to look like a Gant chart lol. We are at a crucial point exactly right now, Let' hope it holds stays over 22.50 tomorrow to remain on the trend. Any one of these trends will do to get us to a breakout... if they hold. It's just a matter of time and how long we have to hold. I show my closest date projections out to APR 27. My opinions only.
AAL Bull Put with TrendLast week rally ending gap removed aggressive supply
With higher timeframe trend Up
At ascending trendline
Not aggressive selling character, but no hourly supply removed yet either
Into a VPOC, first test
At hourly demand
At current flip zone high
Untested hourly demand defense
Able to get 19% ROI 11 DTE
American Airlines - Video Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for AAL, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
AMERICAN AIRLINES rebound approaches $28.27American airlines has been on a Long term downtrend like Singapore airlines since October of 2018. The pandemic accelerated that downtrend to a low of $8.25.
A long signal on 9/11/20 at the price of $12.70 targeted the monthly pivot at $28.27
As we approach the rebound target, the daily support will play an import pivot as an over head resistance in 27 month downtrend.
LONG TERM DOWNTREND SINCE 011018
MEDIUM TERM UPTREND SINCE 301120
SHORT TERM UPTREND SINCE 091120
PIVOT 21.23
Long position above 21.23 for 28.27 and 36.54
Short positions below 21.23 for 18.42 and 17.31
AAL gap fill DT AAL 2HR CHART...
Bull Flag breakout
AAL DT/ Swing Idea
Entry: 24
Target: 24.85+ (gap fill)
