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Premium_Tendies
Jun 5, 2020 3:25 PM

AAL Short Short

American Airlines Group, Inc.NASDAQ

Description

We have a descending flag forming here on AAL. I expect to see it break down and have sharp reversal downwards.

Trade active

Broken down. Let's keep hammering it.
Comments
Cre8tiveTrader
May I ask which target price should I recover?
Premium_Tendies
@Cre8tiveTrader, I don't think it goes any lower than the $17.30-$17.50 region if it even comes down that far. It's on a broader upswing and should test the $28-$30 area in the next week or two.
Cre8tiveTrader
@zader33, Thank you!
kennethNipperCRPC
Good analysis.
Ringding58
good call.
rcjhlou123
awesome call on this chart. like the guy below me said whats a good recovery point? in your opinion
Cre8tiveTrader
thank you!
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