When (AAL) Moves Investors should Listen
September 28, 2024, 04:32 am ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AAL
- Buy AAL near 11.42 target 13.43 stop loss @ 11.39 Details
The technical summary data tells us to buy AAL near 11.42 with an upside target of 13.43. This data also tells us to set a stop loss @ 11.39 to protect against excessive loss in case the stock begins to move against the trade. 11.42 is the first level of support below 11.56 , and by rule, any test of support is a buy signal. In this case, support 11.42 is being tested, a buy signal would exist.
- Short AAL slightly under 13.43, target 11.42, stop loss @ 13.47 Details
The technical summary data is suggesting a short of AAL as it gets near 13.43 with a downside target of 11.42. We should have a stop loss in place at 13.47though. 13.43 is the first level of resistance above 11.56, and by rule, any test of resistance is a short signal. In this case, if resistance 13.43 is being tested, a short signal would exist.
Swing Trading Plans for AAL
- Buy AAL slightly over 11.58, target 13.43, Stop Loss @ 11.55 Details
If 11.58 begins to break higher, the technical summary data tells us to buy AAL just slightly over 11.58, with an upside target of 13.43. The data also tells us to set a stop loss @ 11.55 in case the stock turns against the trade. 11.58 is the first level of resistance above 11.56, and by rule, any break above resistance is a buy signal. In this case, 11.58, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short AAL slightly near 11.58, target 11.09, Stop Loss @ 11.61. Details
The technical summary data is suggesting a short of AAL if it tests 11.58 with a downside target of 11.09. We should have a stop loss in place at 11.61 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 11.58, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for AAL
- Buy AAL slightly over 11.58, target 11.79, Stop Loss @ 11.55 Details
If 11.58 begins to break higher, the technical summary data tells us to buy AAL just slightly over 11.58, with an upside target of 11.79. The data also tells us to set a stop loss @ 11.55 in case the stock turns against the trade. 11.58 is the first level of resistance above 11.56, and by rule, any break above resistance is a buy signal. In this case, 11.58, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short AAL slightly near 11.58, target 11.09, Stop Loss @ 11.61. Details
The technical summary data is suggesting a short of AAL if it tests 11.58 with a downside target of 11.09. We should have a stop loss in place at 11.61 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 11.58, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for American Airlines Group Inc. (AAL) available here: AAL.
AAL Ratings for September 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Weak |
| P1 |
0 |
0 |
9.53 |
| P2 |
11.32 |
11.09 |
11.42 |
| P3 |
11.79 |
11.58 |
13.43 |
AI Generated Signals for AAL
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The American Airlines Group Inc. (NYSE: AAL) report below is a real world example. Included are trading plans for AAL, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for AAL:
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