Head and Shoulder
AAL is doing great for the last 7 days. It was at its 52 weeks low and continuing its momentum, and the previous pattern shows that during the month of septemeber it will always be bullish. You can see that MACD is on a buying (I love to see it greenish) and on the daily chart, the 9 EMA start to cross the 14 EMA. However, I believe it will reach 32 levels by the...
I believe that GM will face resistance @ $ 38.60 level. It will not break that level and maintain a neutral level between $ 38.60 - $ 36. Note: I am not a financial advisor. Trade at your risk.
AAL is still showing bullish. Even though the market was down yesterday, AAL still holds the price. MACD is also showing trend reversal.
As expected, the AAL break the resistance line and it started looking bullish. It was at its 52-week low level at 24.52 price range and now look like it taking a bullish trend. I noticed that AAL will be bullish during the month of September. Today, I have ten contracts for call option. Note: I am not a financial advisor. Please trade at your risk.
Currently, AAL is trading at its 52-week low range. I believe it will be bullish during the month of September, as per the previous year pattern. I will buy, as soon as it breaks the current resistance level, if it didn't break, it may go to a level of $ 23 level. The current environment is a good buy opportunity. Note: I am not a financial advisor, this...