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American Airlines Looks Good At This Price

By InTheMoneyStocks.com (Gareth Soloway)Stock MarketsJul 11, 2018 02:10PM ET
www.investing.com/analysis/i-like-american-airlines-at-this-price-200330404
American Airlines Looks Good At This Price
By InTheMoneyStocks.com (Gareth Soloway)   |  Jul 11, 2018 02:10PM ET
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Shares of American Airlines (NASDAQ:AAL) continue to fall lower, along with the rest of the airline sector. Based on pure technical charting analysis, there will be more downside in the coming month. The stock should bottom based on cycle calculations in mid-to-late August at a price point of $30. Upside off this major buy trigger price is 50%. Big hedge fund managers and top traders are looking to accumulate a position in this $30 range.

American Airlines Group
American Airlines Group

American Airlines Looks Good At This Price
 
American Airlines Looks Good At This Price

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Jul 12, 2018 1:02PM ET
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Looks like that Amazon short didn't work out so well?
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Dante Valerian
DanteValerian Jul 12, 2018 1:02PM ET
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Don't believe his claims about his track record. Look at his articles and see for yourself. If you need any hints as to his trading methodology, listen to this one: He called for a market crash in July based on Mercury being in retrograde. He uses the moon and planets to make trading decisions. Avoid his calls or use him as a contrarian indicator.
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