NDQ: AAL American Airlines 28 day ascending triangle

AAL the 28 day ascending triangle is not a very strong trend that i will usually trade. There's a strong resistance at $40.47, if we manage to turn this resistance into support, I target at $44.13.

Stop-loss: $37.78

For safer entry, a break with confirmation above $40.47 will give a better risk reward.

A break below SL will nullify this bullish take.

AALairlinesamericanChart PatternsnasdaqNDQqantasTrend Analysis

Also on:

Disclaimer