AAL: American Airlines might have bottomed

NASDAQ:AAL might have bottomed. And if it falls further, it means trouble for the airline and everyone as well. The chart looks good by the way. Indicators are turning up and if you are looking to hold for long term, catching the falling knives at these levels might be a good bet. I am targeting $40 if the falling wedge breaks upwards. Otherwise a fall below $27 invalidates this outlook.
This post and ALL (previous and future) posts are purely for entertainment purposes only. The owner of this post is not a lawyer, accountant, financial advisor, investor or pastor. All the comments here are personal opinions.
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