Crashing airlines - Brace for impact to $6.04Inverse Cup and Handle formed on Anerican Airlines since 27 July 2020. The price still needs to break below the brim level, but it's looking really bad. Nature: High Probability Price<20 Price<200 Target $6.04Shortby Timonrosso110
American Airlines (AAL) set to fly?Off the top of the 10AM scans this morning is a spike on NASDAQ:AAL with a good ATR Clearance of the bottom of the range. Why I like this spike, at this position, is based on the Daily low from back in October where this spike also represents a rejection of the Volume Profile level from that low: Good chance for a bottom pick!Longby norok1117
AAL : Re-entered into the scripTook a position in the scrip once again, for about 0.625% of the net capital. Will consider adding on to the position if the price crashes down to the lower trend-line of the descending channel. If not, the high of the channel will be considered as a target for a move of about 49% from the current entry level. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.Longby Sniper-Traders224
We expect a breakdown from the wedge.🐻NASDAQ:AAL Stuck between a rock and a hard place 🪨 👇 American Airlines (AAL) Posts Q1 Loss on Surging Labor Costs. Reduced revenues and squeezed margins makes the case more strong for a bearish scenario to play out. Will you be shorting?🐻Shortby JK_Market_RecapUpdated 111
American Airlines Group Inc | Key Levels | IdeaAmerican Airlines Group Inc | Key Levels | Idea Stock will remain bullish above $17.17 on closing basis , we may see a 100% upmove from $17 to $34 gradually stop limit will be same line ahead Longby XDataAnalystUpdated 8
$AAL Generational buying opportunity?Just need to look at the chart. Looking at options the put wall Is at $10, so It's possible that it visits that price, but probably just to then bounce back. I'm going long at this price point, Will cost average More if It drops to $10. Longby devdalistudio5
American Airlines Downgrades Forecast and Loses CCOAmerican Airlines recently revised its financial forecast downward and announced that Chief Commercial Officer Vasu Raja will leave his position next month. This comes amid a challenging period for the airline, which has been underperforming compared to rivals Delta and United Airlines. The company now expects a sharper decline in unit revenues for Q2 and has lowered its earnings per share estimate to $1-$1.15. Raja’s departure follows recent strategic changes aimed at increasing direct bookings. Vice Chair Stephen Johnson will temporarily assume Raja’s duties. Following the news, American Airlines' stock fell over 8% in after-hours trading. Key Points: * Unit revenue expected to decline up to 6% in Q2 2024 (previously forecast at max 3% decline). * Adjusted earnings per share for Q2 2024 lowered to $1.00-$1.15 (previously $1.15-$1.45). * CCO Vasu Raja is to depart next month, following recent commercial strategy changes. * Challenges include weaker international connectivity and pushback from corporate customers on new ticket distribution strategies. * American Airlines stock dropped over 8% after the announcement. Trading Idea: * Short American Airlines (AAL) with a stop-loss at $16.41. * Target prices (T.P.) for downside move: $10.89, $7.61, $4.06 (and further down to $2.89).Shortby signalmastermind5
AAL Long PositionHi traders, Turning our attention to American Airlines Group Inc. (AAL), we can observe a symmetrical triangle pattern forming over the past few weeks, signaling a potential bullish breakout. American Airlines is one of the largest airlines in the world, operating an extensive domestic and international network. The company has been navigating the challenges of the aviation industry, focusing on operational efficiency and cost management. As travel demand continues to recover, American Airlines is well- positioned to benefit from increased passenger traffic and improving market conditions. The symmetrical triangle pattern is characterized by converging trendlines, where the highs and lows of the price create a series of lower highs and higher lows, forming a triangle shape. This pattern typically indicates a period of consolidation before a significant price movement. As AAL approaches the apex of the symmetrical triangle, a breakout above the upper trendline could confirm a bullish reversal. Considering the positive outlook for the airline industry and the technical setup, entering a long position upon confirmation of a breakout above the upper trendline of the symmetrical triangle appears favourable. 1st Take Profit: 19.06 2nd Take Profit: 21.34 Final Target: 23.49Longby vf_investment6
AAL: gearing up for a re-bound?A price action above 14.00 supports a bullish trend direction. Further bullish confirmation for a break above 15.00. The target price is set at 16.00 (its 200-week simple moving average). The stop-loss price is set at 14.00 just below its 38.2% Fibonacci retracemenet level and its 200-day simple moving average). Earnings announcement might create additional volatility.Longby Peet_Serfontein3
American Airlines (AAL) Getting Ready to Break HigherShort Term view on American Airlines (AAL) suggests that rally to 14.65 on December 15, 2023 high ended wave (A). Pullback in wave (B) is proposed complete at 12.78 as the 45 minutes chart below shows. Internal subdivision of wave (B) unfolded as a zigzag Elliott Wave structure. Down from wave (A), wave A ended at 12.89 and rally in wave B ended at 14.67. Wave C lower subdivided into 5 waves. Down from wave B, wave ((i)) ended at 14.2 and wave ((ii)) ended at 14.63. Wave ((iii)) ended at 13.18 and wave ((iv)) ended at 13.34. Final leg wave ((v)) ended at 12.78 which completed wave C of (B). The stock has turned higher in wave (C). Up from wave (B), wave ((i)) ended at 13.22 and dips in wave ((ii)) ended at 12.87. The stock resumed higher in wave ((iii)) towards 13.98 and pullback in wave ((iv)) ended at 13.41. Final leg higher wave ((v)) ended at 14.47 which completed wave 1. Stock should now pullback in wave 2 to correct cycle from 1.17.2024 low before it resumes higher. Internal subdivision of wave 2 should unfold in 3, 7, or 11 swing. As far as pivot at 12.78 low stays intact, expect the stock to resume higher again after wave 2 pullback ends.by Elliottwave-Forecast113
Next Spirit Airlines buyer is AAL?Bullish setup. It may be the next buyer to acquire Spirit Airlines after the judge having blocked the merger with JetBlue. Decent strength and volume. And MACD turning bullish from the temporary bottom formation at 13 dollars. 30 dollars long-term in 2025.Longby fantasyste1
RiskMastery's Red Flag Stocks - AAL EditionWelcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential . In this edition, we'll be looking at NASDAQ:AAL ... I believe this code is at a point of potential volatility. If price can hold below $13.21 ... Bearish potential may be unlocked. My key downside targets include: - $11.61 (Conservative) - $10.52 (Medium) - $9.40 (Aggressive) If however price breaks above $14.34 ... Bullish potential may be unlocked. (My key risk targets - C, M,& A - are as noted on the chart) Enjoy, and I look forward to being of further service into the future. If you'd like to connect, feel free to reach out and/or comment below. Mr RM | Risk Mastery Disclaimer: This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.Shortby Bullfinder-official112
Look for buy from the bottomHello, American Airlines Group, Inc. is a holding company, which engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The firm offers air transportation for passengers and cargo. It operates through the following geographical segments: Department of Transportation Domestic, Department of Transportation Latin America, Department of Transportation Atlantic, and Department of Transportation Pacific. The company was founded on December 9, 2013 and is headquartered in Fort Worth, TX. Factors that could potentially impact American Airlines Group's share price include the overall performance of the airline industry, global economic conditions, fuel prices, and competition from other airlines. Additionally, American Airlines Group's financial performance, including factors such as revenue growth, operating expenses, and debt levels, will also be important factors to consider. I see the company is at a good place for buys looking at the price targets & risk to reward ratio. Best regards, Hesbon MoseLongby thesharkkeUpdated 5
America Airlines (AAL) Buyers at the Blue BoxShort Term Elliott Wave View in America Airlines (AAL) suggests rally from 10.31.2023 low is in progress as a 5 waves impulse structure. Up from 10.31.2023 low, wave 1 ended at 12.77 and pullback in wave 2 ended at 11.95. The stock then resumed higher in wave 3. Up from wave 2, wave ((i)) ended at 12.56 and dips in wave ((ii)) ended at 12.08. The stock resumed higher in wave ((iii)) towards 14.18 and pullback in wave ((iv)) ended at 13.64. Wave ((v)) higher ended at 14.75 which completed wave 3. Pullback in wave 4 is currently in progress as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 13.95 with internal structure as another double three in lesser degree. Wave ((x)) rally ended at 14.46. Final leg wave ((y)) is currently in progress as a zigzag structure. Down from wave ((x)), wave (a) ended at 13.91. Expect rally in wave (b) to fail for another leg lower wave (c) to complete wave ((y)) of 4. Potential support area comes at 100% – 161.8% Fibonacci extension of wave ((w)). This area is shown as a blue box area on the chart at 13.16 – 13.66. From this area, expect buyers to appear and the stock to either extend higher or rally in 3 waves at least.by Elliottwave-Forecast2
📈 #AAL Watch the break!Hey guys, This looks like a fantasic setup to take before the holidays. Great larger degree impulse with a deep corrective structure to the 61.8% with an impulse on the lower degree breaking out of the larger degree trend. Followed by a great flag structure on the lower degree indicating bullish continuation. Watch the break!Longby optimizedtrading1
AAL THE AIRLINES look like they are about to land.. nose down. These trends are some of the worst I've seen, or on the flip side, some of the best trends I've seen to short. I think AAL is going to file for bankruptcy. Shortby nicktussing77Updated 111
AAL: Support and resistanceI think it is going to go down to ~$9 and may start rally back up. As of now it is at resistance, but a little down side is possible. Good for long term if DCAed. Cheers Happy investingLongby MarathonToMoonUpdated 221
Has AAL been cleared to land?NASDAQ:AAL price is testing 2010 highs which proved to be a resistance level during the 2019-2020 global health crisis. As the bearish momentum is strong on weekly charts for the stock and the overall market, American failed estimated revenue by (0.18%) on a 43% overestimated Q3 earnings report, Daily price action and momentum are showing a stabilization pattern for NASDAQ:AAL price. This backs the idea that the price is entering a range to build a medium-long term position.Longby CryptoMaisterUpdated 0
AMERICAN AIRLINES GROUP, INC (AAL) 3MAmerican Airlines Stock (AAL) Technical Analysis - December 8, 2023 Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please consult with a licensed financial advisor before making any investment decisions. Chart: Three-month graphic Current Price: $13.76 Technical Indicators: Moving Averages (MA): 50-day MA: $15.13 (price below MA) 100-day MA: $15.62 (price below MA) 200-day MA: $15.88 (price below MA) Volume: 20.41 million Relative Strength Index (RSI): 40.00 - 50.00 Moving Average Convergence Divergence (MACD): MACD signals below the histogram Analysis: Price Action: AAL is currently trading below its 50, 100, and 200-day moving averages, indicating a bearish trend in the short, medium, and long term. Volume: The current volume is slightly above average, suggesting some increased interest in the stock. RSI: The RSI is hovering around the neutral zone (40-50), suggesting neither overbought nor oversold conditions. MACD: The MACD signals are below the histogram, indicating a potential bearish crossover, further supporting the bearish trend. Summary: Technical indicators suggest a bearish trend for AAL in the short, medium, and long term. The current price below all three moving averages and the potential MACD crossover further strengthen this bearish outlook. However, the neutral RSI and slightly above-average volume suggest some potential for a short-term bounce. Additional factors to consider: Market trends: The overall market sentiment can significantly impact AAL's price. Airline industry: News and events affecting the airline industry as a whole can influence AAL's performance. Company news and financials: Upcoming earnings reports, mergers and acquisitions, and other company-specific news can drive short-term price movements. Conclusion: Based on the technical analysis, AAL appears to be in a bearish trend. However, considering the neutral RSI and slightly above-average volume, there might be potential for a short-term price bounce. Investors should carefully consider all available information and consult with a financial advisor before making any investment decisions.Longby rodulfox1
American Airlines (AAL) - Stage Dynamics Method - LongStrategy Overview: Stage Dynamics Method Our innovative trading strategy, "The Stage Dynamics Method", is anchored in the synthesis of advanced technical analysis. The strategy employs three powerful indicators: the Stage Analysis Indicator (SAI), the Volume Sentiment Ratio Indicator (VSI-CR), and the Net-Buy-Net-Sell Volume Ratio Indicator (NBNS). These tools work in harmony to pinpoint potential entry and exit signals by analyzing market stages, volume dynamics, and sentiment shifts. Why Now Is a Good Time to Enter The SAI is currently showing a shift from a neutral phase into a bullish stage, indicated by a change in the background color to blue. This transition is supported by the monthly and weekly VSI-CR, which reveals a rising trend in combined buy/call ratios, signaling strengthening market optimism. Additionally, the NBNS highlights a dominant buying pressure over selling, reinforcing the bullish outlook. What to Look for When Exiting Monitor only the Monthly VSI-CR closely. An exit signal is triggered when the VSI-CR value falls below 0.65, indicating a weakening in bullish sentiment and a potential shift in market dynamics. Risk Management Reminder As with any trading strategy, it's crucial to practice sound risk management. Ensure that your investment aligns with your risk tolerance and financial objectives. The Stage Dynamics Method is a powerful tool, but like all trading strategies, it is not infallible. Stay informed, stay cautious, and trade wisely. Happy trading! Longby H3l10s2
AAL - Taxi Underway for Take Off PositionNASDAQ:AAL Time for Departure? Can you spot an interesting spot in the chart? Weekly Chart: After breaking down the uptrend channel, AAL makes a reversal in the last 3 candles. The last candle is crossing up EMA8 (as an early trend indication), combined with Breaking Out minor downtrend, we can consider a hint that a reversal might happen. But keep in mind that the target by breaking down the uptrend channel is at $9.09 - $9.36 (last low at $8.25). The weekly volume is good enough for a small reversal. No divergence is shown in the weekly chart. Daily Chart: The end of the year has statistically been very good for NASDAQ:AAL . But, if we take a look at the chart: several daily gaps exist, the bull remains strong if the price can break out at $12.72. If you have enough patience, wait around the first gap to close ($11.89) or around the EMA21 area. If only the rejection candle appears and the oscillator remains providing a bullish bias, this stock might be one of the best choices for the end-year present. The first target will be closing the upper gap at $14.08 That gap is one of the high volume node in the volume profile chart, Coincidence? Longby dhimaswppr225
AAL recovery timeWith holidays approaching, the demand for travel could increase. This one has been sold off heavily until recent earning. As you see on the chart, after latest earning reported, the down trend has ended. This one could reverse to the way up. Target 19. This is not a financial advise but just an idea.Longby Klick711Updated 114
AAL optionsCurrent total cost of owning 100 shares is 12.18 = S1218 (the math in the video is wrong) Plan is to sell Nov 24 call strike price 12 limit order at 0.20 This will reduce our total cost to own to about S1198. The plan is to continue selling cover call to reduce total cost. 03:54by tribehouseUpdated 1