American Airlines also has their earnings due before the open today, this setup is very similar to $DAL and like $LUV too, a break out of the channel and there is potentially a lot of upside, if you compare to the highs of 2018, $AAL is substantially down now and this is one of the big 4 carriers and after weathering one of the worst aviation crisis since Sept 11th, it could be in a position to start its impulse wave again.
The set up is there, it needs the break out now, same for $DAL and $LUV.
Pixy Fung
2023-04-27 12:49:09 +0000 UTC