Get started
CoinedByCrypto

$AAL A possible 6 dollar trade

American Airlines Group, Inc. (NASDAQ:AAL)  
CoinedByCrypto Updated   
NASDAQ:AAL   American Airlines Group, Inc.
AAL wallstscalpercom bullishfallingwedge Falling Wedge IHS
16
0
aal wallstscalpercom bullishfallingwedge fallingwedge ihs
Bullish wedge, IHS

If traded the right way. This setup lines up a possible 6 dollar trade.

$AAL is coming out of a classical bullish falling wedge by breaking falling trendline - after making a bear flag.

Price is now being stopped at dashed trendline setting up a neckline for a possible IHS.

If neckline breaks...

Target will be at the upper trendline....on the 4h chart.

Stay Sharp on charts at

WallSTScalper.com

Comment:
Right shoulder is now in and challenging the IHS neckline

snapshot
Trade closed: target reached
Website:
Instagram: www.instagram.com/CoinedByCrypto
Twitter: www.twitter.com/CoinedByCrypto

Related Ideas

CoinedByCrypto
A 4 dollar trade in $DK with break of neckline
CoinedByCrypto
It's $TRUE - Potential Bearish Butterfly
CoinedByCrypto
A potential bearish shark is moving in on $Kalv ista
CoinedByCrypto
Potential IHS in DK
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.