Tuesday, April 21, 2015

American Airlines ($AAL) issues bullish signal with price closing above the Kumo (cloud)

Chikou Span (green line) crossing the price curve serves as additional confirmation of  the signal although it is not as strong since the cross occurred below the cloud. Scale in as usual.  The flat top cloud and future cloud imply a potential for sideways trading.



Visit StockCharts.com to see more great charts.T

No comments:

Post a Comment