I think we saw a recent spike from American airlines as buyers are finding interest as price hit the top of previous major structure (green arrows) an s&r play.
Notice the spike of the candle where I have a red arrow drawn. To me this looks like an exhaustion candle as buyers got slapped back down. I some what agree with playing the previous structure as an s&r play, but for me it's too much of a risk.
I would need more time to see trend start to develop for a position on american airlines, as we do sit under Resistance.
Premarket is doing good, but I'm not looking at this from an intraday perspective. I say let it develop.
Your data doesn't have any labels I can't say it makes any sense to me, try a video feed instead. You sure did capture a lot of color contrast though..
OTM.Investments
⋅
@AponasAndrew, how does that not make any sense to you? Lmao
UnknownUnicorn6941191
⋅
@tradecobra, My apologies I can see I am barking up the wrong tree here, best of luck to you.
OTM.Investments
⋅
@AponasAndrew, ok? 🤣
UnknownUnicorn6941191
⋅
@tradecobra, Excuse me can you please inform me why you're laughing?
OTM.Investments
⋅
@AponasAndrew, "you sure did capture a lot of color contrast"
UnknownUnicorn6941191
⋅
@tradecobra, That sounds fair to me, have a good evening.