Chart Patterns & Algorithmic Trader (Sep. 21, '20) (55)
AAL ABC Bullish Pattern
s
Reviewed in CPAT 8/10/20
American Airlines Grp inc (AAL) is trading in an ABC Bullish pattern on its daily chart
above the long entry-level of $11.36. ABC Bullish patterns are valid only when price
closes above the entry level with the confirmed up trend. Enter a long trade above
entry-level with a stop below $10.70 (-$0.56). Targets are placed at Target1 Zone $19.7
to $22.1 and,Target2 Zone $29.2 to $34.3.
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