American Airlines AMR setup

Discussion in 'Stocks' started by retaildaytrader, Sep 14, 2009.

  1. I have a feeling that in 10 months this will go to between 12-17 dollars for double to triple from these levels.

    The key is to stay over that line. I feel a little confident about this one because in 2003 I remember the airline was about to go bankrupt and it certainly was scary to fly since 9/11 was still a fresh memory. It was able to power up to 17.50.

    I say it will be like a shampoo trade. What do they say? Apply, lather, rinse, repeat;) Something like that.