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Moshkelgosha
Nov 12, 2021 6:43 PM

Airlines landing once again! Short

American Airlines Group, Inc.NASDAQ

Description

On November 1st, 2021 I published an analysis for major Airlines, they experienced a +10% gain and start landing again!



And then I perfectly call the resistance:



they could become a long opportunity near their support lines!


You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!

Best,
Moshkelgosha

DISCLAIMER

I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Comments
VIN786
Good one. I am interested in AAL and will pick up @ $20.23 if it goes there
NickChen1992
So disappointed about SAVE, can't even pass $25, I thought $27 would be the next resistant zone.
ktaba
@NickChen1992 stay long. The entire sector is going to move up. The increase fuel prices will be pushed to the consumer. This holiday season will be enormous for travel. Stay long!
gscollman6813710
...great .. many thx
AlexChalkop
after landing what?
NickChen1992
@AlexChalkop, going back up of course, in this holiday season and travel restriction is lifted, there's no way airline stock will drop.
AlexChalkop
Excellent 👌👌
Thanks.
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