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AAL is bouncing off on support with a bullish setup

Long
American Airlines Group, Inc. (NASDAQ:AAL)  
Profitlio_Trading  
NASDAQ:AAL   American Airlines Group, Inc.
Trend Analysis Chart Patterns Wave Analysis AAL americanairlines traderchamp profitlio profitliotrading
3
0
trendanalysis chartpattern waveanalysis aal americanairlines traderchamp profitlio profitliotrading
Market Instrument: AAL
Timeframe: D1
Analysis: Technical
Structure: Falling Wedge and Support
Prediction: Bullish

ALL has formed a nice falling wedge pattern on this correction period on the daily timeframe. The price is bouncing strongly on the picked / highlighted support formed. If the following bullish pressure remains strong enough we might see a nice bullish trend to the upside crossing above $20
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