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Tuesday, February 2

AA short term Bearish (sell first)

AA 020210

Today AA formed a dark spinning top. This coincides with the previous resistance level.
We should expect a shot term bearish trend or even a continuation of the previous bear trend.

Short AA at your discretion (first target $13, second target $12.70, final target $11.8)

In the long run, AA will rise to $14.8. For now, sell AA.

BEARISH indication:
DARK Spinning top candle
Hit Resistance
Money flow index is below 50.

Bullish indication:
Stochastics moving upwards (small issue)

 

Move to BAC

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