Just my take. Looks a LOT like a pattern on SQ from back in Dec 2017
At least, this is my thoughts. Some kind of version like this.. :-) Trend is still bullish.
We've been tracking this one for a while. A few Real Life Traders scoring a nice run up on NKE Those charts are attached below. If she pullsback #buythedip
MU is LIKELY going to take some time to break through this OBVIOUS resistance level from 2000. This is my guesstimate. IT would make a LOT of sense from a Dow Theory perspective. Earnings is near.
I'm looking down here for AAL to bounce (as a wave 4 on weekly) into the low 50's for 2017 (that's just my expectation. I could easily be wrong) count it attached to this idea. My thoughts is AAL is a 6 month minimum invest (to get into the $50 range) BUT for those playing the hourly charts, watch there for some bounces.
This is longer term. I am not personally going to do this trade (can't trade em all right? ) But, I do know many traders who are in at $50
Here are my thoughts. $168.79 ish was the previous all time high levels. This pull back that we're getting now, appears to be a buyable opportunity.