Airlines Ticket to ride, pick your pricepoint
It is ovious that this sector is heating up. Loads of bodies of their books, delincuent uncolectable debt. costly SLA fines waved, and cancelled plane orders with no penalties, on top of it loads of stimulous coming their way. The institutional buyers are shameleslly creating this pattern and its about to break. Lets take AAL as an example" Could it consolidate before it jump? Yes, but the top of the corridor is around the 15 dollar area so the run up its likely. I would enter this trades with tight stops, no point on giving away money, and a core position with a wider stop. The corridor goes from 11ish to 15iah, once it breaks its gonna be very very bullish. The hole point of this post is to direct your attention to the sector and evaluate trading oportunities we all profit from.
Important:
Amplitude for day trading : THis stock is more of a Swing trading stock but if you want to daytrade it, you need at least 100 shares as you have an amplitude or intraday tradable variance of 40 cents to a dolar. Anything below that would be hard to enter and exit...Size it for the amplitude.
Just a thought....
Good luck.
Important:
Amplitude for day trading : THis stock is more of a Swing trading stock but if you want to daytrade it, you need at least 100 shares as you have an amplitude or intraday tradable variance of 40 cents to a dolar. Anything below that would be hard to enter and exit...Size it for the amplitude.
Just a thought....
Good luck.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.