This is American Airlines, not my favorite sector but a good breakout, the only issue so far is volume is not huge. Potential run higher and looking at the options the Jan 45c are 3.65 with a break even of 48.65 by Jan 16.
It is important that AAL stay above breakout on close basis...jump river and retest is ok but if falls back in river then fake out
A-shot
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What is river?
Vince
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The river is a channel and any breakout retest of the old resistance to support is now jump the river test the ice...if falls through then not ice and no support
A-shot
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Inverse head and shoulders?
Stroggwars.
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I think yes but i do not use this terms i trade VSA, let's say it is, i want to add on the daily chart this inverse H&S is on 61 fib
Stroggwars.
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hello, this is good i can see it the same way i have just saw yr comment,i was reading this stock,the breakout on 60m with high volume i think it's great
Vince
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I think adbe is extended but could keep going just would like to see better entry