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eltonmorningstar
Jan 10, 2023 10:00 PM

American Airlines keeps rising - Analysis Long

American Airlines Group, Inc.NASDAQ

Description

American Airlines' stock kept rising in the intraday levels, while buoyed by piercing the downward trend line recently in the short term, while buoyed by trading above the 50-day SMA, with positive signals from the RSI despite reaching overbought levels.

Therefore I expect more gains for the stock, targeting the resistance of 15.70, provided it holds above the support of 13.20.

Trade closed: target reached

American Airlines hits the target
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