American Airlines is consolidating atm in a triangle and bounce back perfectly on gann fan 1/8th support line. Target for this breakout will be $17.87 target that lines up perfectly with 200 MA / 161,8% fib level and 1/4th gann fan level.
On top of it all we have fundamentally speaking big news coming too that will be the catalyst for this breakout - AAL got a confirmation from Mark Meadows to receive the bailout money which will be announced in the upcoming few weeks.
Risk to reward is very good too since you can put a stop just below the 1/8th gann support and the momentum on fast stochastics is making higher lower consistently too.
On top of it all we have fundamentally speaking big news coming too that will be the catalyst for this breakout - AAL got a confirmation from Mark Meadows to receive the bailout money which will be announced in the upcoming few weeks.
Risk to reward is very good too since you can put a stop just below the 1/8th gann support and the momentum on fast stochastics is making higher lower consistently too.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.