$AAL American Airlines Support and Resistance levels

7 Haz 2020

Must be noted that the stock pulled back from hitting the Fibonacci Golden pocked by 18% on Friday
This will indeed be strong resistance in the future.
The stock moved over 100% last week and that is unsustainable.
Hopefully the 100ma level will act as support in any pullback so as the RSI can reset from overbought conditions.
AAL has maybe the questionable balance sheet among the airlines and the move last week was mocked by many.
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