American Airlines Groups stock price (AAL) rose in latest intraday trading, amid the dominance of the upward correctional trend in the short term, while boosted by trading above the 50-day SMA, thus readying to tackle the pivotal resistance of 12.17, with positive signals from the Stochastic after reaching oversold levels compared to the prices movements, hinting at a positive divergence.
Therefore we expect more gains for the price, provided the resistance of $12.17 is breached, targeting the next one at $13.99.
Todays price forecast: Bullish