Is America Airlines about to take off?
With a 20% higher than expected earnings today and also raising future expectations...is American Airlines
AAL about to "take off" ? ✈️✈️✈️EARNINGS RELEASED: Exp 1.59 / Rep 1.92 (20.6% higher than expected)
- Breaking diagonal resistance line
- Price peaking above the 200 week SMA
- Nice to see 200 week SMA slope up now (TBC)
- Ideally OBV to make a new higher high (TBC)
Pre-market coming in lower. Pull back to $17 before continuation would not surprise me. I would enter having established support on the 200 week SMA. I would be waiting here. An eventual rise to over head resistance possible.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.