Symmetric Triangle in American Airlines

116
American Airlines is an American airline. It operates flights on an extensive network of national and international routes.

Temporality of the chart: 4 hours

- This type of pattern is of the non-directional type. That is, there are two possible operations:

- If the triangle is broken upwards, is expected a long position at $29.5 per share with Take Profit around $36.5 and a Stop Loss at $26.5 per share.

- If the price breaks down, is expected a short position at$27 per share with Take Profit at $20 and a Stop Loss at $30 per share.

- The risk-reward ratio in the long and short positions is approximately the same in 2.33

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.