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The Long Investor
The Long Investor

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$AAL - WATCHLIST -

$AAL is moving like a lot of stocks right now, retesting a support level and we can see that it is a confluence level at this 200 Day MA, with the 0.618 Fib and amongst the breakout range of this 4 year wedge.

$AAL needs to hold support now in this range between $12 - $14 and if the market does reverse or at least bounces next, $AAL can benefit greatly from this, which is why I added in the last week.

Airlines still look quite strong as they move into their seasonally strong period from March onwards.

$AAL - WATCHLIST -

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