Shares of American Airlines (NASDAQ:AAL) continue to fall lower, along with the rest of the airline sector. Based on pure technical charting analysis, there will be more downside in the coming month. The stock should bottom based on cycle calculations in mid-to-late August at a price point of $30. Upside off this major buy trigger price is 50%. Big hedge fund managers and top traders are looking to accumulate a position in this $30 range.
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American Airlines Looks Good At This Price
Published 07/11/2018, 02:10 PM
Updated 05/14/2017, 06:45 AM
American Airlines Looks Good At This Price
Latest comments
Looks like that Amazon short didn't work out so well?
Don't believe his claims about his track record. Look at his articles and see for yourself. If you need any hints as to his trading methodology, listen to this one: He called for a market crash in July based on Mercury being in retrograde. He uses the moon and planets to make trading decisions. Avoid his calls or use him as a contrarian indicator.
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