paper_value

NDQ: AAL American Airlines 28 day ascending triangle

Long
NASDAQ:AAL   American Airlines Group, Inc.
AAL the 28 day ascending triangle is not a very strong trend that i will usually trade. There's a strong resistance at $40.47, if we manage to turn this resistance into support, I target at $44.13.

Stop-loss: $37.78

For safer entry, a break with confirmation above $40.47 will give a better risk reward.

A break below SL will nullify this bullish take.


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.