📊AAL | Trading Scenario
📌On June 4th, Insiders (7 of them) decided to step up and buy 110,000 new shares between $27.63 and $28.60 level.
📌At the moment, AAL price trades +14.43% higher from its 52-wk low and -31.18% lower from the 52-wk high. I think we have an opportunity, but remember the only reason to analyze this company is: those 7 Insiders.
📌If you are a conservative trader or investor, do not take more than 14.43% risk on the trade. When I place a trade I let the stock breath (pullback) and favor adding 2nd cluster at 10%/15% lower from my initial entry. Sadly, it does not happen all the time.
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