American Airlines trapped in a hesitant place - Analysis - 30-03-2023

Economies.com
2023-03-30 12:49PM UTC

American Airlines' stock rose in the intraday levels while trading alongside the upward correctional short-term trend line, with positive signals from the RSI, marking a profit of 2.65% in the last session, or 37 cents, settling at 14.35, with negative pressure from the 50-day SMA.

 

Therefore we expect more cautious gains for the stock, targeting the resistance of 15.18,, provided the support of 13.36 holds on.

 

Expected trend for today: Bullish

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