Airline sector trend reversal should take place come the end of the year. History repeats itself and we are on the verge of a trend reversal. Extremely bullish on this sector over the next quarter. Bullflag pattern repeating itself over and over on the 4HR time frame. After each extension upward, set your SL at 50% of the flag pole length to mitigate risk and enjoy the ride.
Other sectors like utilities & cruise lines all have the same charts and patterns as they are moving in sequence. Make sure to choose the better companies of each sector.
I do not hold a position in AAL. My largest holdings at the moment are BA, PCG, and TLRY. - GL
@Samorodok, all is fine. Bounced off key .382 FIB level and Bull flag on Daily charts still in effect. A close below 15.59 would be bearish. Nothing to worry about until then