AAL will show up breakout now on this key level and channel

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American Airlines Group, Inc. (NASDAQ:AAL)

NASDAQ:AAL American Airlines Group, Inc.

trendanalysis chartpattern waveanalysis aal american stocks stocksignals traderchamp profitlio profitliotrading

Market Instrument: AAL
Timeframe: DAILY
Analysis: Technical
Structure: Key Level, Descending Channel
Prediction: Bullish

AAL is running inside a strong descending channel where it requires a breakout on both the key level and upper boundary of the channel formed to continue its bullish run ahead.