on MONTHLY: Left Chart
After rejecting the 26.0 resistance zone,
AAL has been overall bearish.
However, AAL is now sitting around a strong support zone and round number
10.0
on WEEKLY: Right Chart
For the bulls to take over, we need a break above the last major high in gray.
Meanwhile, until the buy is activated, AAL can still trade lower inside the 10 - 12 support zone where we will be looking for short-term buy setups on lower timeframes.
© Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
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