BharatJhunjhunwala
Long

AAL registering a breakout! How far it can carry?

NASDAQ:AAL   AMERICAN AIRLINES GROUP INC
American Airlines Group – AAL has resigtered a fresh breakout from a consolidation zone. The RSI on the daily charts is close to 72 levels, on the daily charts the big white candle closing above the kumo is an indication of strength. Further there is a kumo crossover as well that indicates strength. The stock is expected to move to 35 levels in coming sessions, entries can be planned between 30.15 – 29.45 levels on the flip side if the stock fails to break away and falls into the cloud again, then stops may be kept near 29 levels. The trade has a very good risk to reward ratio. Follow me on twitter @bharatj82

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out