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American_airlines

AAL registering a breakout! How far it can carry?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
NASDAQ:AALLong
by BharatJhunjhunwala

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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