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American

American Airline in a falling wedge, but future is goodhas bullish divergences on the 4H but further downside is probable. Might drop to the buy zone and make another bullish div. With multiple gaps above the current price, a significant retrace is very like in the future, barring the end of the world. Travel will surge significantly once lockdown is eased due to pent up demand. However I expect that the corona pandemic will last until start of summer when high temperatures will slow viral transmission. This is my first look at a stock on tradingview. I believe that cryptos are the best longterm investment, but this stock is low risk at the buy zone due to fundamentals, such as American aviation will to be bailed out by the US government in time of trouble.
NASDAQ:AALShort
by nagihatoum
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