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Benzinga
209 days

American Airlines Charts Are Bullish: Can Q4 Earnings Keep The Altitude?

1. American Airlines will report Q4 earnings on Thursday with expected EPS of 64 cents. 2. The stock has risen 36.01% in the past year, indicating bullish momentum. 3. Technical indicators show AAL is above key moving averages, signaling buying pressure. 4. Analyst ratings suggest an 8% upside with a consensus price target of $18.47. 5. RSI indicates AAL is approaching overbought conditions, suggesting potential for pullback.

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FAQ

Why Bullish?

The recent strong performance and bullish technical indicators suggest positive price movement.

How important is it?

The earnings report is crucial for assessing future stock performance and market sentiment.

Why Short Term?

Upcoming earnings could lead to immediate price reactions based on performance.

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