AAL $15 on the wayBlue lines are targets. As we saw the jun 2016 low held the yearly high at a resistance which led to a 25 percent drop to $20. as the month closes and we fail to break above $20 this signals a bearish price coming for the month.
AAL trade ideas
AAL - Daily chart - Long scenarioOverview
Looking to take a long position if price should move as shown with the orange arrow - where i would enter the long on a retest of the blue line.
Target is based on a weekly level.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
$AAL Analysis & Key levels$AAL Analysis & Key levels
Still in an overall down-trend but looking good for some day or short swing trading.
Sitting slightly above a longer support
I do think that I will be looking to add here today…
———
I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support and key levels…
Red = Key levels
Green = resistance
Blue = trendlines
Have fun, y’all!!
AAL the maker is trying to make a tricky chartThe best is risk management and also stock capital management , why ?
This chart is full of opposite translation and opposite meanings and different probabilities ,
I give you the main levels of support and resistance , targets for all patterns ,
You should do the best according to the movement and breakout that may occur ,
Except the mainly trending AAL , It is still tricky ..
Take care and have my best wishes ..
AAL broke out of the flag pattern and is heading higherNASDAQ:AAL broke out and is set for some considerable gains. Anticipated price action and targets are shown on the charts, stop daily close below 19.5$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Buying opportunitiesAmerican Airlines’ second-quarter revenue was US$7.478 billion, a year-on-year increase of 361%. On the books, we see that American Airlines turned losses into profit this quarter.
After studying their guide for yearly revenue and calculation. Watch out for two buying opportunities for AAL.
(1) $19.6-20 (2) $15-18
For self-education use only. Not financial advice.
Potential Bullish Elliott Wave B Correction for AAL?Signs of confluence:
1) Bullish divergence on MFI (similar to RSI but factors in volume)
2) Touching low end of bollinger bands.
3) Looks like a squeeze on the MACD. Ready to cross in a direction.
Price target between $22-$24 (50%-76.4% Fibonacci retracement of wave A).
