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BUY AAL (AMERICAN AIRLINES)

Long
NASDAQ:AAL   AMERICAN AIRLINES GROUP INC
- Buy at $18 to be safe.*Enter trade when there is a confirmation of a successful breakout when it retraces back to resistance line* potential buy at $15.75 as well due to strong support from the 200 EMA or $12 at support line - oversold on stochastics = uptrend πŸš€
- American airlines in a symmetrical triangle and starting to show some support and become an uptrend= break out and reach a target of $31 or even higher if you want to keep as a long term investment to previous resistance with the stimulus of the vaccine and the hopes of the airline industry gaining strength again
- American airlines is also well below its intrinsic value ($30).
NASDAQ:AAL

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