AAL Wedge

1 בספט׳ 2021

Stock has been consolidating, and overall I think airlines as a sector will have a fall run. Multiple previous touches at support show that there is some underlying bullish factors even if the overall share price has been dropping recently, people have been buying on the dips. Additionally, I would expect a change in overall direction to come around the .618 levels of the larger wave 1 back at the start of summer which is near its current price.