American Airlines gathers positive momentum - Analysis - 30-01-2023

American Airlines' stock fell in the intraday levels amid negative signals from the RSI while collecting profits and gathering momentum to recover anew, amid the dominance of the upward correctional short-term wave, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the resistance of 18.22, provided it settles above 15.70. 

Expected trend for today: Bullish