From a technical perspective, American Airlines Group Inc. (AAL) is looking like an interesting pick, as it just reached a key level of support. AAL’s 50-day simple moving average crossed above its 200-day simple moving average, which is known as a “golden cross” in the trading world.
A golden cross is a technical chart pattern that can signify a potential bullish breakout. It’s formed from a crossover involving a security’s short-term moving average breaking above a longer-term moving…
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