CRAZY Stock Market Action – American Airlines Stock Price – NOK Stock – Stock Market Psychology
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American Airlines reported earnings that beat expectations, but the AAL stock is not out of the woods just yet. There is still a long climb ahead of every airline company to get back to a pre-pandemic financial state. In this video I talk about the recent AAL stock price action in the premarket and its value throughout the trading day. The AAL stock price did close significantly higher than the previous trading day despite the fact that the price almost doubled in the premarket before dropping to the low $20 range. Nokia stock enjoyed a similar climb the previous day, but during the regular trading hours. The NOK stock price action had a quick rise with no fundamental reason followed by a quick return to a more reasonable stock price below the $5 mark.
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#AAL #NOK #StockPsychology
Long term, AAL should be a double or a triple depending on the time frame. 10.5 billion market cap for the leader of the American airline industry (vs 24 billion for Delta and 26 billion for Southwest), it’s a steal and the tremendous short interest on the stock is a plus. NOK is also a value play waiting to rise up
Please make a video on TSNP…..Humble Pay merger…..hugh potential…. the next Paypal
Make AAL great again
Thank you dr stock for your info and work
Trailing stop loss and/or double down ?
let’s make AAL great again
Really good video doc! Thanks!
I’m with you Dr stock regarding avoiding getting involved in the meme stocks but you must love and support what they’re doing. Hedge funds getting a taste of there own medicine. If I knew I wasn’t going to lose some of my money id join them but unfortunately at some point, the tree falls…. and it falls hard and that scares me.
Btw I think you’re great… keep up the good work sir. All I’m after if financial freedom for my family and you’re helping me get there so thank you brother.
So what’s your PT for tomorrow? You didn’t mention (Nokia)
What’s the old saying ? “ Pigs get fat , hogs get slaughtered “. You did the right thing.