Sniper-Traders

AAL : Booked a profit of about 13.44% on the invested capital

Short
BATS:AAL   American Airlines Group, Inc.
I did close the position yesterday for a profit of 13.44% on the invested capital. I'll be closing positions in US market aggressively in the coming days since I expect the US market to crash any moment.

I'll consider a re-entry if and only if price falls back to the low of the ascending channel.

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If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.

Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.

Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.

Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.

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