$AAL yieaahh
American aliens
Laggard to United and Delta which had huge rallies.
AAL needs to catchup, whether it is quick or slow, they will catchup. Being a laggard may create some explosiveness.
Monthly setup looks good on volume shelf, weekly and daily seem to be hitting some oversolf levels that could either make this explode or reset for a bit after the big rally.
Conservatively we can wait for a break of this parrallel down trend channel and retest.
$35 usd in 3 years? 1.5 might not be outrageous, idk just fly.
Laggard to United and Delta which had huge rallies.
AAL needs to catchup, whether it is quick or slow, they will catchup. Being a laggard may create some explosiveness.Monthly setup looks good on volume shelf, weekly and daily seem to be hitting some oversolf levels that could either make this explode or reset for a bit after the big rally.
Conservatively we can wait for a break of this parrallel down trend channel and retest.
$35 usd in 3 years? 1.5 might not be outrageous, idk just fly.
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