AAL - Elliottwave analysis - Sell on bounce - swing trade AAL - It is in Y wave down after X wave completed in triangle. It has also broken down the triangle and the up move thereafter was corrective. There is a chance of extending B wave correction higher, but it is under performing the SPX, which suggest further down side will come. Sell it in parts between current level up to 12.30 zone with stop level above 13.29 for target below 10 as a swing set up.
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