The Long Investor
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$AAL - EARNINGS JUST OUT -
🕑 Added 2025-01-23 12:09:41 +0000 UTC$AAL is down -6% now after reporting earnings and although it was a strong double beat, they have lowered their outlook for their First Quarter.
This should and I say should again because we have been here before, but this should bring the price down now in an ABC pull back.
The 0.5 Fib aligns with the yellow breakout level and the 0.618 Fib aligns perfectly with the 200 Day MA at $12.91...so a hold at either level and I will happily add again
One lowered quarter will not change the overall impulse wave, in fact this is needed to get Wave 2 in.
