American Airlines keeps rising - Analysis
American Airlines' stock kept rising in the intraday levels, while buoyed by piercing the downward trend line recently in the short term, while buoyed by trading above the 50-day SMA, with positive signals from the RSI despite reaching overbought levels.
Therefore I expect more gains for the stock, targeting the resistance of 15.70, provided it holds above the support of 13.20.
Therefore I expect more gains for the stock, targeting the resistance of 15.70, provided it holds above the support of 13.20.
Trade closed: target reached
American Airlines hits the target
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.