Buyers have been proving to show the their strength and holding key levels to bring AAL back to $20, The question is now if they break pass the sell walls to maintain and hold the $20 before eyeing out $25.
Be aware that the airline companies have recovered well from the pandemic, The question is what is the short term price action and psychological response of...
Blue lines are targets. As we saw the jun 2016 low held the yearly high at a resistance which led to a 25 percent drop to $20. as the month closes and we fail to break above $20 this signals a bearish price coming for the month.
The company saw its monthly-active-user, or MAU, count slip sequentially in the second quarter as it reported 454 million such users,
coming in far below the 482 million that analysts tracked by FactSet had been projecting
Thursday afternoon, prompted at least two downgrades from Wall Street analysts.
J.P. Morgan analyst Doug Anmuth also became more concerned...