AAL is bouncing off on support with a bullish setup
Market Instrument: AAL
Timeframe: D1
Analysis: Technical
Structure: Falling Wedge and Support
Prediction: Bullish
ALL has formed a nice falling wedge pattern on this correction period on the daily timeframe. The price is bouncing strongly on the picked / highlighted support formed. If the following bullish pressure remains strong enough we might see a nice bullish trend to the upside crossing above $20
Timeframe: D1
Analysis: Technical
Structure: Falling Wedge and Support
Prediction: Bullish
ALL has formed a nice falling wedge pattern on this correction period on the daily timeframe. The price is bouncing strongly on the picked / highlighted support formed. If the following bullish pressure remains strong enough we might see a nice bullish trend to the upside crossing above $20