paper_value

American Airlines AAL

Short
paper_value Updated   
NASDAQ:AAL   American Airlines Group, Inc.
On the weekly, $AAL has fallen out of the channel. Currently I have 2 support levels that might hold. The head and shoulders might also be at play now. Most likely the lower level will be hit.
Comment:
On the daily, prices are showing bearish signs.

TK crossed below the cloud and the lagging indicator is below the prices.


Comment:
Follow through.


Still a no buy zone.

Comment:
Follow through.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.