NASDAQ:AAL   American Airlines Group, Inc.
1
AAL has bounced of its SMA50 and is showing signs of a bullish run here. I have diagrammed out a bullish trade with both a very conservative stop (as far as for a swing trade), and a conservative target. Even with these levels, the Risk to Reward ratio is sitting around 1.5 for the trade. This might be a good point to get into this trade in hopes of breaking the resistance in the high 36s.

This idea and analysis is part of a 3-month trading challenge in which I am only using the EMA 50 to indicate trades.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.