TradingView
TheCoconutty
Oct 17, 2023 2:16 AM

AAL LONG TERM BULLISH Long

American Airlines Group, Inc.NASDAQ

Description

AAL is currently rebounding off of a low we haven’t seen since 12-13 months ago. That’s over 52 weeks, which makes me weigh this level as a very strong support level. AAL is showing indications of bullish movement in the future as bearish momentum slows and others signals flag my attention. Will update if any new information changes my forecast.
Comments
TheCoconutty
Fuel costs from war breaking out took out AAL profit margins. I am changing from bullish to neutral/hold.
More