Description
⋅ American Airlines is breaking out of a multi-year trading range. $56.20 is high of the range and should act as support.
Price target 1: $70.39
Stop: $54
Trade active
⋅ Bought @ $56.71
Stop changed to $53.31
Trade active
⋅ Stop set at $57.40. Looks like it wants higher but ensuring profits on this trade.
Trade closed manually
⋅ Closed out today at $57.60. Starting to look weak and could go either way. I feel safer out.