American Airlines Group, Inc. (AAL) saw choppy intraday movements in its latest trading, as the stock attempts to establish a higher bottom that could provide the base for positive momentum and recovery. It is currently supported by the 50-day SMA, within the context of a short-term corrective uptrend and trading along a supportive trend line. In addition, a positive divergence has started forming on RSI after previously plunging into deeply oversold levels, with a fresh bullish crossover emerging.

Therefore, we expect the stock to rise in the upcoming sessions, as long as it holds above the support level of 12.15, targeting the key resistance at 14.00.

Todays price forecast: Bullish.