Boeing just entered a zone that was previously a trading zone that it remained within for a good period of time. Potential for some sideways movement with a downwards bias.
American 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...
AVAV is currently trading at a major low range and their earnings is expected to be announced later at the end of the trading day today. With the stock up alrady 2% during the day there may be some strong optimism around the stock for the earnings report.
After having the massive rally up before earnings we see a sharp sell off as the reports come out. We are currently seeing some support around the $20 price target with price making another test up towards new highs. This stock will continue to remain extremely volatile over 2020.
American Airlines felt significant drop after flight cancellations and international travel decrease. Currently price is testing below annual lows and out of its previous trading range. MACD is attempting to gain some stability as the price levels attempt to find support in the massive sell off.
The current fair value of the stock based on Buffets equation is just over $40 meaning there is a lot of room for the stock price to grow. Earnings was stong and price tested the new resistance of $20 and looks to be testing to make new highs currently. Looking for potential pullback or rejection of next level to enter in on a lower price.
Strong earnings reports demonstrated company's ability to be able to generate profits and refine their operations costs. Their were able to create a profitable 2019 as compared to 2018. I believe the report will aid the stock to rise higher over the next few weeks.
Potential long on AAL. Currently sitting at near the major all time lows. There is a clean double bottom formed in the end of 2019 and there is a slight upwards trending chart now. If holds this position and earnings are strong that we can look for the stock to make a new push back towards previous highs.
Looking at the potential test on the high of the fib channel. Currently experiencing some resistance and looking to potentially break and test down below the trend line.
TXT is scheduled to release earnings this week. Textron had a great year of releasing new models and receiving new orders. Their used aircraft sales continues to be some of the largest in the industry. Although there was an accident in a factory this last quarter optimism for the company i believe remains strong.
Earnings to be released later today. Expecting some volatility in price today moving into towards the last hour of the day. After Hours market will aid in determining what the outlook for united will be. With weakening indicators there is potential for continuing of the consolidation in the sideways trend,.
Been trading Heico for a few week here before earnings. Being that their biggest customer is Boeing and they are announcing potential halting of production. My personal opinion on Heico is looking Bearish
Rejected 400 level. Major Whole Level. Tested again and created new support level which has pushed up nicely from. Overall in strong up trend with potential of breaking above $400 if fundamentals remain strong.
November Started off with strong buying volume for Uber. The IPO dropped quickly on open and has yet to show major gains. Looking at the increase in trading volume could be indicator that this price level is more attractive now to institutions.
Clean price action testing between the range. We have tested near the top and wicked downwards with 4 bearish candles consecutively. Holding tight risk management in the event of price pushing higher near higher resistance level.
Trade tension has brought a lot of uncertainty with cargo airlines in the recent years. Until there is clear resolution there will continue to be volatility in the stock. Potential rejection on trend line back down from resistance as new lows continue to be made.
Strong fundamentals over last 10 years of company. Consistent and solid technical indicators showing towards continuation of upwards trend. Currently near all time high so there is great risk to the downside on this.
Slight rejection on trend line. Overall analysts target price is around $71. Potential pull back on short term looking for long position after earnings based on strong last quarter.