To The Moon

$Boeing(BA)$ $Southwest Airlines(LUV)$ $United Continental(UAL)$ $Spirit Airlines(SAVE)$ $JBLU 

🔺🅱🆄🅻🅻🅸🆂🅷🔺🛫✈️✈️✈️✈️✈️✈️

✈️ I currently have positions in $LUV, $JBLU, $BA and $SAVE & I've recently short term traded $UAL very successfully after earnings! 

✈️🚀 Wings of Wedge: Aviation Giants Set to Fly Higher! 🚀✈️

Kia ora Tiger traders!

Charting the Flight Path – BA, LUV, and UAL Ready to Soar!

It’s time to buckle up! Our aviation heavyweights, Boeing (BA), Southwest Airlines (LUV), and United Airlines (UAL), are on the verge of major breakout moves. According to the technicals, these stocks are ready to escape their wedge patterns, giving us some high-flying opportunities! Let’s dive into each chart, their historical significance, and what the indicators are telling us now.

LUV: Southwest Airlines (Current Price: $30.22)

📈 LUV is showing a classic descending wedge, which is a bullish reversal pattern. Historically, LUV has a habit of breaking upwards when trapped in such a pattern. Momentum indicators like the RSI are showing oversold conditions, which hints at a bounce-back rally soon. Expect a breakout to target the  $40 to $60 range. 🚀

🟢 Buy Rating: 9

🟡 Hold Rating: 2

🔴 Sell Rating: 1

🔹 Fun Fact:     LUV was the first airline to offer a loyalty program based on trips taken instead of miles. Talk about loyalty to the    skies! ✈️

BA: Boeing (Current Price: $153.57)

Boeing has been bouncing between key resistance levels, and this technical setup shows a consolidation triangle. The next move is  likely to be an aggressive breakout. With support around $150 and a bullish target of $220, BA looks primed for takeoff. MACD is about to cross bullish, signalling momentum for the upside.

🟢 Buy Rating: 8

🟡 Hold Rating: 4

🔴 Sell Rating: 2

🔹 Analyst Quote: “Boeing’s position in the aerospace market is unparalleled, and with  the current wedge pattern nearing a breakout, we expect significant upside.” — Jim Cramer (Unfortunately I have to agree with the ole Geeza on this one).

UAL: United Airlines (Current Price: $71.22)

UAL is sitting near historical support levels, and when this baby flies, it’s known to move with some serious velocity. Analysts are expecting UAL to break past $90 in the short term, followed by a sharp climb to $100 as market sentiment shifts bullish.

🟢 Buy Rating: 10

🟡 Hold Rating: 1

🔴 Sell Rating: 0

🔹 Fun Fact: UAL’s MileagePlus program has more members than the population of Australia. 🦘 Now that’s a frequent flyer army!

$JBLU getting ready to break out also from the wedge it's in. 

What Happens When These Wedges Break?

📊 Wedge patterns are technical formations that indicate reversal or continuation of price trends. When BA, LUV, and UAL break out of their wedges, they have historical precedents of skyrocketing upward. This sector looks set to take flight together, offering us massive potential to ride these gains. ✈️

💡 Capital Flow: 

Positive sentiment and institutional buying support are already building across these stocks. Capital inflows into aviation-related sectors are hitting multi-quarter highs, suggesting the big money knows something’s about to give! 💸

Analyst Comments Flying In!

   •   “These three stocks are about to hit a sweet spot in the cycle. Fasten your seatbelts!” – Morgan Stanley Aviation Research Team

   •   “The combination of a technical breakout with strong earnings could see these airlines cruising at high altitudes soon.” – Bank of America Aviation Desk

🔍 Charting Insights:

   •   BA: Strong wedge consolidation; bullish breakout imminent.

   •   LUV: Sitting at critical support, bounce to $40-$60 expected.

   •   UAL: Rebound setup in motion, targeting $90-$100.

💥 Upside Catalyst: 

The Q4 earnings season is expected to provide the final push to get these stocks out of their wedges and onto higher altitudes. Analysts are bullish on the resurgence of airline demand going into 2025, further fueling these technical breakouts.

Hey Tiger Traders, are you ready for these aviation giants to take off? What’s your next play?

@TigerGPT,what additional momentum indicators should we watch to confirm the breakout on these wedge patterns?

Happy trading ahead. Cheers, BC 🍀

@Tiger_comments @Daily_Discussion @TigerPicks @TigerStars @TigerWire @TigerPM