AAL trade ideas
NEW NORMAL American Airlines is reintroducing complimentary hot food items and signature food-for-sale favorites at select Admirals Club lounges across the country. The month-long rollout is part of the airline’s phased reopening strategy for Admirals Club lounges and ongoing response to coronavirus (COVID-19).
AALIf AAL breaks through this support and it will probably fly up to around the ray drawn above. There is also a lot of talk about a relief package and we all know airlines are not going under. Risky play but worth it as we say before the volatility of AAL 10 dollars to 22 in the matter of now time. Invest at your own risk and always have a plan, know what you're going to risk and ride the momentum. One thing I like is squeeze momentum is positive and it has been under for quite a while.
American Airlines - AALThe idea is to Hold. - Prices moving sideways
if the Target Price of 13.00 USD will be broken in the next days, there might be an opportunity to go long.
Following up with the RSIBasically we're looking at the average gain : loss ratio which I think is appropriate to study when looking for a trend (which is still on track).
Referenced from Tradingview's library_
For a practical example, the built-in Pine Script function rsi(), could be replicated in long form as follows.
change = change(close)
gain = change >= 0 ? change : 0.0
loss = change < 0 ? (-1) * change : 0.0
avgGain = rma(gain, 14)
avgLoss = rma(loss, 14)
rs = avgGain / avgLoss ************SPECIAL NOTE
rsi = 100 - (100 / (1 + rs))
"rsi", above, is exactly equal to rsi(close, 14).
_end quote.
Disclaimer: thank you for taking your time to look at my idea please understand that I didn't publish it to influence your decision to invest your money and void myself of any responsibility towards your investments.
Ticker: I don't specialize in the companies sector, I was inspired to publish my idea independently.
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Gap filled .. next run if breaks resistance retested gap twice. watching if breaks resistance trendline. If it breaks resistance then looks bullish to me short term. target around $16.00
not financial Advisor Bla bla ...Like if Agree Thanks!
$AAL American Airlines Aborted Liftoff
Is it another fake out or a recovery ?, Despite some
very positive whispers about a new aid package,
the stock has faltered in making a rally,
Currently the stock is possibly forming a pennant
which could result a considerable move in the days
to come.
$13.50 is a strong resistance level
$14.30 would be target No1
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Risky Play For American AirlinesI think we saw a recent spike from American airlines as buyers are finding interest as price hit the top of previous major structure (green arrows) an s&r play.
Notice the spike of the candle where I have a red arrow drawn. To me this looks like an exhaustion candle as buyers got slapped back down. I some what agree with playing the previous structure as an s&r play, but for me it's too much of a risk.
I would need more time to see trend start to develop for a position on american airlines, as we do sit under Resistance.
Premarket is doing good, but I'm not looking at this from an intraday perspective. I say let it develop.
AALAAL has broken out of its weekly accumulation resistance. It is also about to break its monthly resistance in ah trading. The next resistance level is in the 17s which it may gap to if it breaks the monthly resistance level
A glimpse into the future.. Beyond the 1 hourLonger term outlook.
Disclaimer: thank you for taking your time to look at my idea please understand that I didn't publish it to influence your decision to invest your money and void myself of any responsibility towards your investments.
Ticker: I don't specialize in the companies sector, I was inspired to publish my idea independently.
Tip: Check another tradingview publication if your looking for something you can't find here.
Thank You, +AndrewAponas+
P.S. I apologize for any inconvenience my publication could have caused you and humbly ask that you contact me with your concerns before reporting my work to a moderator.
Small Dip Swing PlayMy assumption would include a small dip if NASDAQ:AAL does continue bullish.
Disclaimer: thank you for taking your time to look at my idea please understand that I didn't publish it to influence your decision to invest your money and void myself of any responsibility towards your investments.
Ticker: I don't specialize in the companies sector, I was inspired to publish my idea independently.
Tip: Check another tradingview publication if your looking for something you can't find here.
Thank You, +AndrewAponas+
P.S. I apologize for any inconvenience my publication could have caused you and humbly ask that you contact me with your concerns before reporting my work to a moderator.
AAL - 18.16% Potential Profit - Descending TriangleI would wait for the resistance line re-test, before entering.
- Strong Downtrend
- RSI + Stoch well below 50
- MACD below Signal
Suggested Entry $11.13
Suggested Stop Loss $11.30
Target price $8.85
AAL bullish bat harmonic reversal patternAAL painting a bullish bat harmonic reversal pattern at critical fib level support
I'm taking a survey:-We have a squeeze play setting up.
Survey Question:
Who thinks it's going to keep going lower before the squeeze?
Mind you, I have marked a $1.00 drop in the price is a 10% drop in the overall value, and to see historic lows close would cause a 30% drop in overall value.
Respond in comments or "like" if you don't think it will continue dropping lower.
Stocktwits+Twitter Users: please view the original publication on tradingview before commenting.+++++++++++++++++++++++++++
Disclaimer: thank you for taking your time to look at my idea please understand that I didn't publish it to influence your decision to invest your money and void myself of any responsibility towards your investments.
Ticker: I don't specialize in the companies sector, I was inspired to publish my idea independently.
Tip: Check another tradingview publication if your looking for something you can't find here.
Thank You, +AndrewAponas+
P.S. I apologize for any inconvenience my publication could have caused you and humbly ask that you contact me with your concerns before reporting my work to a moderator.
YouTube Video Test 1Please be kind and rewind --I am just testing my tech I appreciate your cooperation.
Thank You,
+AndrewAponas+
