Bullishcharts
Long

$AAL American Airlines Bulls Jump Onboard

NASDAQ:AAL   AMERICAN AIRLINES GROUP INC

Bullish reversal setting up
Potential Targets
- $13.75 Yearly Horizontal resistance
- $14.30 previous pivot point
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Comments

You are the best Bullishcharts!!
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Its trend seems to be bearish, but entry at 11.7 makes sense with a target of 14.3
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NAK1987 techserve2020
@techserve2020, yes , no long entries for me until the VIX shows a spike in volatility , I had too many stops hit last month with that 7% S&P fall. So I think that regardless of an individual stocks technicals and fundamentals, in current market, it's probably a good idea to wait for a few days of volatility and negative sentiment , then go shopping for some stocks with good fundamentals at support and with early signs of a reversal . I figure that in a healthy market waiting for a spike in VIX as an initial entry requirement will not give you many entry opportunities but I think we will continue to see quite a few ups and downs through the fall and winter and we can mitigate our risk this way ....
Less entries but reduces the emotional strain significantly also I back tested the strategy with good results. I think we will see a spike of volatility around every 3 weeks.

Just my opinion though, other than that , pair trading and gap trading :)
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