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American Airlines (AAL): A Turn Higher Taking Place
Read MoreIn this article, we will take a look at American Airlines (AAL). Currently, the instrument could be within the process of turning to much higher levels. American Airlines (AAL) was hit with selling pressure during the financial market sell-off in March 2020. Nevertheless, the whole Transportation Sector was already within a correction cycle before Covid-19 […]
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$DIS: Disney Parks Ready to Open, Stock Turning Higher
Read MoreLike most stocks around the world. Walt Disney Company (ticker: DIS) took a dip earlier in the year. The decline was expected across the world markets at one point during 2020, but we believe the market has started to turn higher into new all-time highs. The Grand Super cycle is showing three waves advance as […]
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Southwest Airlines (LUV): The Ending Diagonal and World Indices
Read MoreIn this article, we will take a look at Southwest Airline (ticker: LUV) stock. The airlines industry and stock have been battered due to the corona virus. We do understand that the Fundamentals might not look great right now for the airlines industry. However, fundamentals can change in an hour, and anticipating the move is […]
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IBEX 35 Shows Why World Indices Might Not Be Ready to Rally
Read MoreIBEX 35 is the benchmark Stock Market Index of the Bolsa de Madrid, Spain’s principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercado Espanoles (BME). BME is the company which runs Spain’s securities markets (including the Bolsa de Madrid). It is a market […]
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LUV (Southwest Airlines CO): An Ending Diagonal In Process.
Read MoreLUV (Southwest Airlines CO) is showing an ending diagonal structure from March 2019 peak. In this blog, we will explain the structure & forecast.
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($TRAN) Dow Jones Transportation Holding A Bullish Pattern
Read MoreThe Dow Jones Transportation Average ($TRAN) is a running average of the stock prices of twenty transportation companies with each stock’s price-weighted to adjust for stocks and other factors. As a result, it can change at any time the markets are open. The figure mentioned in news reports is usually the figure derived from the prices […]