CaseySprenger

Breakdown out of channel

Short
NASDAQ:AAL   American Airlines Group, Inc.
AAL is now out of it's very stable range for the past year. The bulls were unable to pull it back in on the last rally and I believe they are out of steam, with the old support becoming the new resistance.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.