American Airlines Group, Inc.

I'm long in AAL till $24 and $27

408
This is no trading advice, only ideas sharing.

At some point, ALL has to fill in the gap at $27.

So far, the channel looks good and I expect a bounce soon. The first target should be $24, where there is some resistance. If it goes through, I expect the gap close at $27.

Considering the upcoming earnings tomorrow, everybody is expecting for losses.

It may drop short for it may be a fake drop.

Of course, there is the change to see a double bottom at $8.

But, I'll stick to my plan and sell at $24.

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