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JesusHentaiChrist
Jan 4, 2021 8:30 PM

AAL Trade, 3% risk/14% upside Long

American Airlines Group, Inc.NASDAQ

Description

Dead cat bounce since Dec 28, trailed down to 15.13. Found support from a previous spike high coinciding with ichomoku cloud on the 4hr, playing with shares and a tight stop.
Headline markets, announcement on the use of stimulus funds could be beneficial in finding a bottom.
Comments
AlAlawiAlawi
Got in on 15.88, I'm loading more and averaging down if it goes below 15$, Target 22$ by Maximum 1st May
eltraderche
Good Work ! I have to agree that it is a great entry rissk wise perfect. Will it work.... carefull you do have a bad bear flag on smaller timeframes..but i still like the try..good luck to all who dare :) Just be carefull tight stop as suggested here it coul drop to the next price band its at the edge of the band now.
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