AAL trade ideas
American Airlines - AAL top-down video AnalysisHello everyone, 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!
$AAL - Do we have a positive climb? or a positive channel?First challenge is area of 13.66$
Above is 15$.
Target is to check MA200 ("DreamLiner")
Not for any advise
Just a viewpoint.
Good-luck to holders.
Inverted Head and Shoulders pattern is formed in hourly 1Inverted Head and Shoulders pattern is formed in hourly AAL chart target 7% 14.52
AAL going on a flight higherLooking to get in some shares in the low 12's. WEdge has broken. Possible that the COVID-19 lows are in?
AAL technical analysis - big move coming in next few weeksAmerican Airlines is consolidating atm in a triangle and bounce back perfectly on gann fan 1/8th support line. Target for this breakout will be $17.87 target that lines up perfectly with 200 MA / 161,8% fib level and 1/4th gann fan level.
On top of it all we have fundamentally speaking big news coming too that will be the catalyst for this breakout - AAL got a confirmation from Mark Meadows to receive the bailout money which will be announced in the upcoming few weeks.
Risk to reward is very good too since you can put a stop just below the 1/8th gann support and the momentum on fast stochastics is making higher lower consistently too.
AAL 4hr Chart 9/4/2020This is not advise or for instruction. Sharing my chart on AAL to share my thoughts on how I think AAL is going to trade for the rest of the year
All input is welcome
Thanks for checking it out.
AAL CH?American Airlines is another Nothing to see stock. We could be in a mild cup and handle that once broken could send this stock up $5. We have major trend line support that if broken could send us to ATL below $9. I dont see any plays
$AAL American Airlines Bullish Above $14.50
Previous resistance held today at $14.30
Potential entry above $14.50
Target level $16.50
Stocks rallied today as a result of the ABT Covid Test news release which may make air travel more popular.
AAL American AirlinesContinues bullish move. Target ~16 for 3rd wave. Wave 2 bottom could be in now. Get more bearish under ~13
AAL - Airlines May Be Waking UpJust sticking to TA at the moment for this one as their are plenty of Fundamental reasons not to touch the airlines just yet.
TA:
AAL seems to have found support around that $10 area. We're looking at that 200ma in white to see if the stock gets stopped or if it rips through. Watching closely.
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$AAL - Very close to an important testing pointPOC in support near 11.5 - 11.6
Good luck for long or short.
Not for any advise, Just an a viewpoint.
American Airlnes: long possitionHey Guys! I've been watching this stock for a while and it seems that it has reached its bottom. Besides, the situation with coronavirus is coming to an end in the future so when travelling normalizes this stock could shoot up.
The chart shows us that the price is in the limit of the moving average line (100) and the Fibonacci lines are quite unclear, either can the stock drop a little bit or it could start rising.
Apart from this, the fundamentals show that the stock is quite undervalued so it could mean a buying opportunity. The only problem could be the insolvency risk of the company due to the harsh economic situation that we are living in.
Hope you like it, comments are always welcome!
AAL American AirlinesAmerican Airlines overshot target by $0.25 with a weird spike move. Counting that as a top. Correction looks to be over soon or over now. Leaning towards a bottom around ~12.50 but this move off of the .618 extension has promise.
AAL: Continuation PatternContinuation Pattern
TP 1 = 13.37
TP 2 = 13.89
TP 3 = 15.1
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