wolfstreetswinger

AAL - UNDER THE DOME - LONG PLUS SHORT SETUP

NASDAQ:AAL   American Airlines Group, Inc.
NICE BIG DOME HERE ALMOST AT THE BASE. THIS IS MY INITIAL SETUP. WHICH SHOULD WORK EITHER WAY WILL EXPLAIN.

THERE MAYBE A COUPLE OF DIFFERENT OUTCOMES, AT THE MOMENT OVERSOLD STOCKS ARE PUSHING THE MARKET BACK UP IF IT SUCCEEDS IT SHOULD BOUNCE UP TO THE ORANGE ZONE WHICH WILL ACT AS RESISTANCE IF SO HERE IS A GREAT OPPORTUNITY TO SHORT DOWN TO FIRST GREEN SUPPORT AREA AROUND 28.00. NOW WERE ON FOR THIS SETUP.

EITHER WAY IF IT FAILS TO BOUNCE YET THEN SIMPLY WAITING WAITING FOR PRICE TO FALL AROUND ENTRY ZONE.
MAKE SURE TO GET A LOOK AT THE WHOLE CHART FOR A BETTER UNDERSTANDING.
LONG AND SHORT BARS ARE GUIDES ONLY ENTER AT MARKET THE CANDLES ARE YOUR SHERPA'S

ANYONE ANY IDEAS ON THIS? THANKS.

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