American Airlines (AAL) has returned to the Green Favored Zone of the SIA S&P 500 Index report after a 9.3% rally off earnings propelled the shares up 141 spots in one day to 85th place. A recovery trend continues to emerge in American Airlines (AAL) shares. Back in November, the shares completed a bullish Ascending Triangle patter with a breakout over $15.00 which has since reversed polarity and been established as current support. Yesterday, the shares rallied up off of $15.00 on volume, a sign of renewed interest.
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