AAL +3% Play - Bullish Gap Fill
American Airlines (
AAL) is showing signs of strength as it attempts to break above recent resistance. The price has been consolidating and is now pushing higher, indicating a potential move toward a gap fill.
Bias: Bullish
Target: $17.73 (~2.31% gain from $17.33)
Entry: Watching for a confirmed break and retest of resistance
Indicators: Momentum increasing, price structure improving
If the breakout sustains, a move toward the gap fill zone is possible, but I am conservatively targeting $17.73.
If the gap fills to $18.50, the potential percentage gain from $17.33 would be approximately 6.75%.
AAL) is showing signs of strength as it attempts to break above recent resistance. The price has been consolidating and is now pushing higher, indicating a potential move toward a gap fill.Bias: Bullish
Target: $17.73 (~2.31% gain from $17.33)
Entry: Watching for a confirmed break and retest of resistance
Indicators: Momentum increasing, price structure improving
If the breakout sustains, a move toward the gap fill zone is possible, but I am conservatively targeting $17.73.
If the gap fills to $18.50, the potential percentage gain from $17.33 would be approximately 6.75%.
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