Technical Analysis

Longer Term Trading Plans for AIR

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short AIR slightly under 123.28, target n/a, stop loss @ 123.64 Details

The technical summary data is suggesting a short of AIR as it gets near 123.28, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 123.64. 123.28 is the first level of resistance above 115.09, and by rule, any test of resistance is a short signal. In this case, if resistance 123.28 is being tested, so a short signal would exist.

Swing Trading Plans for AIR

• Buy AIR slightly over 120.1, target 123.28, Stop Loss @ 119.75 Details

If 120.1 begins to break higher, the technical summary data tells us to buy AIR just over 120.1, with an upside target of 123.28. The data also tells us to set a stop loss @ 119.75 in case the stock turns against the trade. 120.1 is the first level of resistance above 115.09, and by rule, any break above resistance is a buy signal. In this case, 120.1, 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 AIR slightly near 120.1, target 112.22, Stop Loss @ 120.45. Details

The technical summary data is suggesting a short of AIR if it tests 120.1 with a downside target of 112.22. We should have a stop loss in place at 120.45 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, 120.1, 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 AIR

• Buy AIR slightly over 115.43, target 119.27, Stop Loss @ 115.16 Details

If 115.43 begins to break higher, the technical summary data tells us to buy AIR just over 115.43, with an upside target of 119.27. The data also tells us to set a stop loss @ 115.16 in case the stock turns against the trade. 115.43 is the first level of resistance above 115.09, and by rule, any break above resistance is a buy signal. In this case, 115.43, 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 AIR slightly near 115.43, target 112.22, Stop Loss @ 115.7. Details

The technical summary data is suggesting a short of AIR if it tests 115.43 with a downside target of 112.22. We should have a stop loss in place at 115.7 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, 115.43, 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.

AIR Technical Summary | Raw Data for the Trading Plans