AMERICAN AIRLINES IS GOING TO HELL !??
Dear Traders,
For my first stocks analysis i would like to show you what could be a nice opportunity with AAL !
Really simple chart but we don't need more !
Back on the 02th June 2008, remember it was the period of the World financial crisis (2007-2008), AAL hit its first lowest point at 2.36 $.
1 year later, AAL hit its second lowest point at 2.29 $.
From these two lowest points till the 1st February 2018 with a top at 52.98 $ ALL had a nice Uptrend !
But since this top AAL has been crashing & it seems it is going to hell now...
What thinking about this !??
Is it the right moment to buy the stock or is it better to wait a little more & find a better opportunity ?
In my opinion, I see 3 different opportunities to buy the stock with a long-term vision.
And one bad scenario that i don't really want but which is possible too !
1st opportunity :
If AAL extend its Downtrend & hit the first white line which is our first target with a low point at 6.99 $.
You could buy at this price level !
2nd opportunity :
If AAL hit the second white line with a low point at 4.45 $, You could check to buy the stock around this price level !
3rd opportunity :
AAL maybe could crash deeper and reach its lowest area between 0 $ & 3 $.
If this happen it will be the best entry point ever to buy the stock !
Now the bad scenario :
Ok so, if buyers decide to buy the stock massively in the next days or weeks.
I'm fucked LOL !
But let's be (optimistic) because of the COVID CRISIS, and the situation nowadays all around the world for the Airlines company, I really don't believe that AAL could rally soon again.
Remember also that Warren Buffet likes AAL (it's an undervalued company) !
In short, AAL could bring you a nice opportunity to buy it in the next
months !
So, be patient & ready for a nice opportunity !
I hope you'll like it !
Please don't forget to support me by a following & a like !
Take care !
Thanks & see you !
For my first stocks analysis i would like to show you what could be a nice opportunity with AAL !
Really simple chart but we don't need more !
Back on the 02th June 2008, remember it was the period of the World financial crisis (2007-2008), AAL hit its first lowest point at 2.36 $.
1 year later, AAL hit its second lowest point at 2.29 $.
From these two lowest points till the 1st February 2018 with a top at 52.98 $ ALL had a nice Uptrend !
But since this top AAL has been crashing & it seems it is going to hell now...
What thinking about this !??
Is it the right moment to buy the stock or is it better to wait a little more & find a better opportunity ?
In my opinion, I see 3 different opportunities to buy the stock with a long-term vision.
And one bad scenario that i don't really want but which is possible too !
1st opportunity :
If AAL extend its Downtrend & hit the first white line which is our first target with a low point at 6.99 $.
You could buy at this price level !
2nd opportunity :
If AAL hit the second white line with a low point at 4.45 $, You could check to buy the stock around this price level !
3rd opportunity :
AAL maybe could crash deeper and reach its lowest area between 0 $ & 3 $.
If this happen it will be the best entry point ever to buy the stock !
Now the bad scenario :
Ok so, if buyers decide to buy the stock massively in the next days or weeks.
I'm fucked LOL !
But let's be (optimistic) because of the COVID CRISIS, and the situation nowadays all around the world for the Airlines company, I really don't believe that AAL could rally soon again.
Remember also that Warren Buffet likes AAL (it's an undervalued company) !
In short, AAL could bring you a nice opportunity to buy it in the next
months !
So, be patient & ready for a nice opportunity !
I hope you'll like it !
Please don't forget to support me by a following & a like !
Take care !
Thanks & see you !
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.