American Airlines is breaking out of a multi-year trading range. $56.20 is high of the range and should act as support.
Price target 1: $70.39
Stop: $54
Price target 1: $70.39
Stop: $54
Trade active
Bought @ $56.71Stop changed to $53.31
Trade active
Stop set at $57.40. Looks like it wants higher but ensuring profits on this trade.Trade closed manually
Closed out today at $57.60. Starting to look weak and could go either way. I feel safer out.
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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.