$AAL is still running strong and I still think we are in Subwave 1 of Wave 3, I don't think we have experienced a Subwave 2 pull back yet and this will likely pull back to in between the 50 and 200 Day MA and ideally back to the wedge breakout level at $15
My Wave 3 target is still the same at the 1.618 Fib at $37 but I would like to add again.....but we don't chase here
Price has already run from $9 to $18 now without a pull back, so waiting for the ABC pull back makes senses.
Needless to say I am still happy with my +24% gain in 1 month.
Giorgio
2025-01-21 20:40:19 +0000 UTC