As requested, my thoughts about AAL! 👍
As Bullishifter requested, I’ll analyze AAL today.
We have a consolidation in the 30min, but the pivot at 21.64 is a good breakpoint to watch next week. If it breaks it, the 22.88 is the next stop.
The 22.88 is the 38.2% retracement, and it’ll go there, at least, if it triggers the pivot.
On the other hand, we must lose the 20.90, as this might make it drop to the 19.60s. I don’t think it’ll, tho, because the RSI was very oversold, and we have some bullish divergences. Let’s pay attention to these points next week!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
We have a consolidation in the 30min, but the pivot at 21.64 is a good breakpoint to watch next week. If it breaks it, the 22.88 is the next stop.
The 22.88 is the 38.2% retracement, and it’ll go there, at least, if it triggers the pivot.
On the other hand, we must lose the 20.90, as this might make it drop to the 19.60s. I don’t think it’ll, tho, because the RSI was very oversold, and we have some bullish divergences. Let’s pay attention to these points next week!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
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