The Long Investor
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$AAL
🕑 Added 2025-03-14 14:48:02 +0000 UTCThere are a lot of positions deep in their oversold territory now on the daily RSI and $AAL is there too.
RSI is at 14 right now and in between the 0.78 - 0.887 Fib support range.
Impulse wave does not change while the price action is still above the previous low from July, so if support can come in shortly, there is a return to the 200 Day MA at $13 and another attempt can be made to break out of this wedge and hold and resume along the Wave 3 projection.
Comments
Ragin_Savant
this one is tempting, but waiting on support.