AAL set for a downward continuation ?NASDAQ:AAL broke an important level at around the red line .I think It has a considerable probability to continue down towards the 13.5-13.6 area . Stop loss set around the 18 level Ideally slightly above the 18 .Shortby StockAnalystPro6
Long AAL IntradayLooking at AAL today saw some good movement and it seems to be liking the 17.83 support area. In terms of probability, the stock holds some upside potential atleast until the next resistance 18.55. If the stock opens lower than the 17.83 support I will be looking at a more bearish outlook, a movement towards the 16.93 previous resistance. All in all in my analysis I deduce that 1. if the stock opens higher than the current resistance (18.55) I can definitely see a movement up to the 19.50 region and towards 20.30 2. If the stock opens at the current support (17.83) I can see it move upto to the resistance level 18.55 and profit with a quick scalp 3. if the stock open below the current support (17.83) I can see the stock move down to the previous resistance level (16.93) My pick: #1 Given the right momentum and bull pressure we can break past the 19.50 region and if so I can place TPs at 19.50, 20.30 and 21.20 Let me know if you guys think of anything else. Just looking to record my ideas and if they help anyone with their own analysis, all the better.Longby RobinDhillon119
American Airlines Technical AnalysisAAL - Go long if the Support levels will not be broken, or wait that the prices will bounce up once one of the support levels (dotted amber lines) has been testedLongby Mauriello7
AAL Positions Grew 8% 🔥 and Still More to Come $28 📈Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here on your Service, Also hit thumbs up 👍 and support the work Finally the patience has paid off super good. Positions grew 8% and still more to come $28 is the ultimate target. Proof analysis attached below. Sketch up your own trade setup and make sure you meet with the required confirmations first before you make your move! ⭕️ ✅ Scroll Down 👇 ⬇️ to signature section for 📲 contact details 💰💰💰 Profitlio Trading ( Since 2014 in Financial Markets ) ________________________________________________ Traders Disclaimer: Non of our analysis or trade setups being shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements. Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only. Longby Profitlio_Trading181830
$AAL American Airlines Support and Resistance levels Must be noted that the stock pulled back from hitting the Fibonacci Golden pocked by 18% on Friday This will indeed be strong resistance in the future. The stock moved over 100% last week and that is unsustainable. Hopefully the 100ma level will act as support in any pullback so as the RSI can reset from overbought conditions. AAL has maybe the questionable balance sheet among the airlines and the move last week was mocked by many. PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR WORK, THANK YOU.by Bullishcharts1144
AAL Analysis Descending Triangle + Long Wick Rejection of Dynamic Support & 14EMA + Volume Exhaustion Price Target: 24.23 Options Trade: 6/19 25cLongby itsCblast2210
HFFG following the AAL playbook (AAL 2 day rewind)Bottom chart: AAL with a 2 day rewind (AAL as of 6/3/20), AAL was up a modest +70% for the week. Stock tested 50 EMA, found support on the 20 EMA, was then lifted by the 5 EMA, which was the final phase of consolidation before the 50 EMA breakout and parabolic move Top chart: HFFG as of Friday 6/6/20: price has tested 50 EMA, subsequently found support at the 20 EMA. The 5 EMA now appears to be lifting the stock towards its 50 EMA once again, where I expect a big move to take place. The breakout case is bolstered by the highest daily volume in 2+ months occurring over the last two days when the stock was up 3% and 5% Longby ETrades16
Why American Airlines Shares Took OffThe company said it believed 74% more flights will take place in July than in June. Vasu Raja, American's senior vice president of network strategy, said the busiest day in July would bring in almost twice as many passengers than the busiest day in June, Bloomberg reported. Yet the airline still has a long way to go: the July estimates only represent 40% of its total capacity. Why It's Important The coronavirus pandemic sent American's revenue down 90%, and the stock was down 67%. The airline is still far from where it once was. International scheduled flights are 20% of last year's volume, and Moody's Investors Service estimates that the industry will not see a full recovery before 2023. What's Next American is starting to prepare for increased flight capacity by bringing back some of the 450 planes that it has parked. Revenue is still down approximately 80%. "We have a long road ahead," CEO Doug Parker said in a CNBC interview. "But it's coming back." The stock ended Thursday's session 41.25% higher at $16.74. www.benzinga.comby AlenCiken4
AAL bearish momentumAAL is showing a push from the sellers, strong sell opportunity, not to leave in portfolioShortby UnknownUnicorn74147316
AAL ShortWe have a descending flag forming here on AAL. I expect to see it break down and have sharp reversal downwards.Shortby Premium_TendiesUpdated 7711
AAL is drunkPlanes are 80% full because the number of flights is minimal at best. Any meaningful travel rebound is going to take some time, to get to the level of travel accessibility before the virus might even take years. Quite frankly the balance sheet is a disaster and their asset collateral is a bunch of depreciating planes, but who would even buy them if there is people aren't even traveling. As of writing this, AAL is the third most popular stock on Robinhood, which in of itself tells me to short it. As a sidenote, i really wat AAL to do well, my mother retired from American Airlines and I'd like it to stick around forever. Emotions aside, it is still a short for me until at least september Shortby ag58
ALL LONG BUYI'd rate this stock a 5/5 for a buy now. Symbol : AAL Name : American Airlines Group, Inc. Yield : 2.39% Annual Dividend : $0.40 P/E Ratio : 4.73 EPS : $3.53 52-Week High : $34.99 Score : 5 Longby wulrahmah444
American Airlines $AALThere was super volume yesterday which will move the stock up its first target price. 12 months Consensus Price Target: $16.88 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, always rely on your own knowledge. Thx Longby TheBullseye14
A nice buy set up!Hello everybody, Yesterday we got a confirmation, a nice buy set up on "AAL" The World is going crazy, but I'm optimistically looking for a pullback to enter my position. by Khamid20203
New trend !I assume American Airlines stock finish end of wave cycle II. So this stock now in new trend , go up ! DISCLAIMERS : * My EW labelling perhaps different with other EW traders. ** This analysis however is subject to change anytime ( with or without notice by me ). *** Every result trade of you, I am not gonna responsible for it. I just sharing this analysis for learning purpose only, especially for people who really want to know about Elliot Wave technique. Longby UnknownUnicorn71951308
Short AALLooks like a nice short to me on American Airlines if we don't close above the fib 0.382.... Shortby TA_Runner4
AAL _LONGThis might be a good opportunity if breaks above 18$. There would be very agresive recovery. Above 20$ soon.Longby DOW_DAX4