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AAL - Short!
American Airlines Group, Inc.
Short
AAL - Short!
By TroutHouse
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Jun 23, 2020
5
Jun 23, 2020
Currently trading below $14 support, albeit slightly.
If there is a second wave and people stop traveling again, we could see airlines take a bit hit. Nothing you're unaware of.
We're banking on the uptick in the beginning of June was just a pull-back for our bigger downtrend.
A short was entered and we'll look to collect premiums at $12.
Chart Patterns
Trend Analysis
TroutHouse
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