Stock Of The Day: Is American Airlines Breaking Out?
Trading in American Airlines Group Inc. (NYSE:AAL) is quiet on Tuesday. But the shares may be breaking out. A classic ‘ascending triangle' pattern has formed on the chart. These patterns tend to be reliable and have bullish implications. This is why American Airlines is our Stock of the Day.Some believe that technical analysis is like astrology or reading tea leaves. This is not surprising because many technical analysts don't understand the fundamentals that underlines the analysis.Technical analysis is th ...