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Nasdaqshort

#AAL ANALYSIS.. BEARISH IN LONG TERM.. I think there is not much to say about #AAL.. Due to the pandemic disaster we are experiencing, the air transportation industry has been in a very difficult situation.. The cash flows of the airline companies are seriously disrupted and this situation seems to continue for a while, in this context, we can see much lower levels in the stock price.. Also, if we approach the situation in the technical scope, the symmetrical triangle draws attention on weekly chart, this is very bearish for American Airlines in longterm.. Disclaimer: Please do your own due diligence when it comes to trading.. Invest at your own risk.. I wish you all the best..
NASDAQ:AALShort
by OguzhanSengor
2
Start of the end for Nas100We had an impulse move downward, followed by a deep correction. Leading the common folk to think that the "recession" or calamity is over, but technicals and my belief is that we are going to see much lower prices on Nasdaq. This recession that is on the rise is about to hit hard and sting the market real hard. However be aware that price can go up and create a double top, but I'll be keeping an eye out on PA to see what it suggests going forward. Use this in line with your own analysis and trade safe and smart, always protection your capital in this trying times.
OANDA:NAS100USDShort
by Marchelino_C