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Airlines

✈ Delta Air Lines Test Support. (DAL)💰 Man these airline stocks are in nice setups for some serious plays. Almost identical to Boeing as we are now sitting right above the long term support green line. If we break above the red line that we are currently under that would be a breakout attempt to go long. Break below green we look for a short. Line up the ema dots and the Crossover strategy candles for a breach and color confirmation. Use previous break level as stoploss. Best of luck, 🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
NYSE:DAL
by UnknownUnicorn2319099
15
18.6.2020 DAL - DELTA AIRLINES NEVER GIVES UP! Hi, traders. My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest. Short description of analysis: Today we take a look at Delta airlines, which, like many other airlines, was knocked out with the arrival of COVID-19. State aid and the slow easing of restrictions have helped keep the company below its pre-pandemic price. We are in a resistance zone that will react for some time, but of course in the long run the DAL will move higher to its original values. Think about it over the monthly chart and the result will surprise you. Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
NYSE:DALLong
by Lucas_Sochulak
2
JETS ETF - Robinhood Rally At Risk.JETS ETF has gapped down and fallen below its upward trendline. Price action is seeking a higher-low level to establish support. Once the support level has been established, price could then reverse to seek out a lower-high level and establish resistance. Resistance 3 area: 21.28 to 22.04 Resistance 2 area: 19.14 to 20.15 Resistance 1 area: 17.11 to 18.13 Support 1 area: 15.95 to 15.01 Support 2 area: 14.11 to 13.02 Support 3 area: 12.04 to 11.05
AMEX:JETS
by NoFomoCharts
Why I KNEW Airlines Are Going Green On The Open?- 06/11/20 RECAPHi traders, Market was going down strongly on Thursday, sadly I mistimed some of my trader or didn't take profit when I had the chance. But apart from that I'm telling you why I knew the airlines weren't going down from the open but rather up, despite gapping down significantly. Next time you see a situation like this it can save or even MAKE you money! Trades: 1) GOLD, LONG @25.71, -1.05% 2) MRNA - LONG @64.55, -0.55% 3) CSCO - SHORT @45.98, +1.38% 4) PENN - SHORT @28.94, -1.08% *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.* Total PnL for the day: -1.29% Total PnL for the week: -3.34% Good trades, Tom | FINEIGHT
NASDAQ:PENN
by Fineight
2
$ALGT short term sell or long term hold? NASDAQ:ALGT Personally I've become a fan of this stock. I've slowly started getting into conservative long-term investments with gains from quick swing trades. Relatively good dividend yield stocks in a solid market seem to naturally be my choice thus far. However with Covid-19 still lingering in many countries, travels markets like airliners can still be considered a risky investment. Especially one of the 'smaller' companies like Allegiant. I've flown Allegiant quite a few times, and I have family in the industry. They're more of a budget airline, and there's plenty of complaints to be found on the discomfort of riding Allegiant. That said, in an industry where not all of the average citizens can afford to participate in, ALGT is common, effective compromise to affordable flying. But I'm getting off track. ALGT has seen a nice rally lately. I've been trying to determine if I should take profits or continue to hold, considering this is really a more long term investment choice. I'm likely going to take some profits quickly and look to enter around the ~$90 area if this setup continues to play out. If that plays out, it would be amazing to see it come up and reach for the target price of $150 right around the next Earnings report. Hopefully at that time we'll have a better idea of the current state of the market and be able to use the earnings to help determine the plays for the future. I'm not the most confident in taking profits now, as I'm trying to keep this in the long term section of my portfolio and this rally could continue on through the week. But after seeing solid gains so quickly, I'm siding with playing it safe and selling in an effort to secure the continuing trend of gains I've been lucky to have since March The beauty with a company like this in one of the stronger markets, and with a decent dividend yield, it's hardly ever a bad time to add ALGT to your portfolio if you're willing to hold onto it for awhile. If anyone has any critiques, opinions, etc please feel free to comment & like this simple analysis! ~~Possible quick sell opportunity, with a reentry in the $90-$100 range ~~Overall target price ~$150 around Earnings next month
NASDAQ:ALGT
by NillaCoin
Airlines, bottlenecks and COVID-19!Have a close look at this very busy chart. There is a crisis in airline industry after COVID-19 struck. Some do not realise how serious this thing is. Expand and drag the chart a bit if everything does not fit nicely. The airlines are connected up to many things. I could not include everything. But for basic GDP when the airlines are hit GDP and trade are hit. Of course a big part of air travel is the holiday and entertainment industries. What his chart means really, is that a sizeable proportion of people won't be 'in the air' if they can't get a hotel or other accommodation. All that is very much linked up to ground transportation, and places of work (or entertainment). Your leaders can 'open up the economy'. However, it'll be like wheels spinning on ice - no traction. I have to let my followers know that 'I don't rule the world'. You all need to talk to a chap who has golden hair. LOL! I'm not flying anywhere for the next 18 months, even if I get an all expenses paid trip handed to me! Others can take their chances. The point is that lots of people may be thinking their life is more important than a holiday. Of course, if you saw protests in the UK and the USA, you would know that not everybody thinks like me. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
NYSE:BAEducation
by Captain_Walker
3
Boeing BA Buy Setup - How to TradeTo the bulls, Boeing looks like it may have bottomed with an ascending triangle formation. To the bears, it looks like Boeing reached the top of a bear flag. There is no way on knowing who is right, but this is how to trade it. Bear flags are essentially ascending triangle breakouts that fail. When an ascending triangle breakout fails, bulls become disheartened and are likely to bail on their long as soon as the supporting trend line breaks (pink). Bears sold today when the price hit the red line, which would be the upper part of a potential bear flag. You might be asking yourself, how could they sell on the red trend line when it didn't exist until today? Some say you cannot draw a trend line off only 1 point, and they are wrong. So where did this trend line come from? Simple, copy the pink trend line and paste it directly on the local high. You will see that this forms a perfect bear flag and a great place to take profit / sell. A lot of experienced traders use this method to create trend lines from only 1 point and I know first hand that it's a very profitable strategy for finding amazing areas to take profit and short. Did you miss out on the Boeing move today? No worries, here are three areas to enter a long. 1. You can wait for the price to come back down to test the ascending triangle breakout (blue support line, red star). 2. You can also buy on the pink trend line (green star) if price happens to drop that low. 3. There is 1 more trick to ascending triangles that many people do not know about (see my example above). Sometimes they are not perfect patterns, but the stay intact even if the pink line breaks. If price fails to make a new low, you can buy at the pink star in hopes for a double bottom. Ascending triangles signal that people are buying the dip, and if price bottoms at the previous low, this means they are still buying the dip. Personally, ascending triangles are my favorite patterns to trade because the buy points are flat or ascending, making it easy to set a reasonable stop loss. It is also the most common pattern I see on strong trending stocks, on all time frames. You'll see them on the monthly chart as well as the 30 second chart. They simply signal that people are buying the dip and becoming more impatient with each drop, that is why the dip becomes less and less until it eventually breaks out the top from all of the buying pressure thanks to impatient buyers. Hope you enjoyed this analysis and tutorial. Please like and subscribe and I'll add more!
NYSE:BALong
by ttrending
14
Waiting for BUY AFTER RE-Open world Airlines.NASDAQ:AAL Let's wait to see if COVID-19 Uncertainty reduce, Two things we need to watch out the market, ALL stock index expecting for more crush before V-SHAP recovery next 3-6 months, DJI Expecting crush again towards 20,000$ and NASDQ100 8500$ once this crush has done, good to buy airlines stock and all other stocks Airlines are a tricky and complicated business that, personally I would stand aside but long term good to hold and wait for lockdown end. 🛑SUPPORT/RESISTANCE ✅S1= 9.8$ ✅S2=6.9$ ✴️R1=13$ ✴️R2=24$ Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
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by Allmypips