AAL trade ideas
the b[AI]te's weekly insights -- AAL 2021-01-11center stage attention
stock
our system found that AAL received most attention over the course of last week.
comment image
we see a weak negative correlation with our image indicator. We therefore assume that prices are driven by facts rather than emotions and reflect an accurate picture of the companies current state of affairs.
comment event
on 2021-01-09 we categorized the last incoming headlines as an STRATEGIC event. We found the following topics as part of the aforementioned event:
american - airlines
airlines - pilot
trump - fans
dump - warned
behave - dump
FAQ
ATTENTION
our algorithms define ATTENTION as the overall number of stories and opinions that appear for a given security each day
IMAGE
our algorithms define IMAGE as the averaged sentiment value extracted from all opinions received for a given security per day.
AAL Retracement into Long?AAL broke out nicely from the previous resistance (now support) level on a long bullish run. Price has retraced and formed a descending triangle.
Lots of confluence to support a long here. With a TP a the previous high, just pre-gap. My entry at this stage would give me a 72% gain at a Risk to Reward of 7 to 1.
A trade with this R:R ratio means that you could have 6 losing trades in a row, and still make money. These are the kinds of quality trades you should be taking.
I'll be posting more trade ideas week on week. Follow me for more.
#AAL long term investment-Thank you for reading this idea! Hope it's been useful to you.
-Remember this analysis is not 100% accurate.Use it with your own risk.
-Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge
AAL Trade, 3% risk/14% upsideDead cat bounce since Dec 28, trailed down to 15.13. Found support from a previous spike high coinciding with ichomoku cloud on the 4hr, playing with shares and a tight stop.
Headline markets, announcement on the use of stimulus funds could be beneficial in finding a bottom.
the b[AI]te's weekly insights -- AALcenter stage attention
stock
our system found that AAL received most attention over the course of last week.
comment image
we see a weak negative correlation with our image indicator. We therefore assume that prices are driven by facts rather than emotions and reflect an accurate picture of the companies current state of affairs.
comment event
on 2021-01-01 we categorized the last incoming headlines as an OPERATIONAL event. We found the following topics as part of the aforementioned event:
american - airlines
737 - max
max - boeing
2019 - march
FAQ
ATTENTION
our algorithms define ATTENTION as the overall number of stories and opinions that appear for a given security each day
IMAGE
our algorithms define IMAGE as the averaged sentiment value extracted from all opinions received for a given security per day.
American Airline Long term buy position, would not over-leverLong term buy position, looks like this stock will recover when travel disruptions come to an end, fundamentally speaking.
From a Technical perspective, the stock is just.. cheap.
This comes under a "value invest" category for investing, in the short - mid term.
Yes I know Supreme over-lord Buffett dumped this stock a while back, doesn't mean it still won't retrace over time.
Remember, there is a high chance that there are other stocks or financial instruments in existence, which will offer a higher ROI than this stock, meaning your money may be more "valuable" elsewhere in the market.
I still think this will retrace to bring you at least 100% returns, over time.
This stock has the possibility of retouching a $1.93 extreme hard-support area, but I doubt this will actually happen.
Risky, and I expect this to be quite a volatile stock, so I would cap the amount of investment that goes into this trade.
To condense, I believe this stock is in the process of a reversal.
High Volatility = Smaller Lot size, careful.
-Divit-
BUY AAL (AMERICAN AIRLINES)- Buy at $18 to be safe.*Enter trade when there is a confirmation of a successful breakout when it retraces back to resistance line* potential buy at $15.75 as well due to strong support from the 200 EMA or $12 at support line - oversold on stochastics = uptrend 🚀
- American airlines in a symmetrical triangle and starting to show some support and become an uptrend= break out and reach a target of $31 or even higher if you want to keep as a long term investment to previous resistance with the stimulus of the vaccine and the hopes of the airline industry gaining strength again
- American airlines is also well below its intrinsic value ($30).
NASDAQ:AAL