Please note: American Airlines, the main subsidiary of AMR is under bankrupcy with high trading risk and challenge that volatile markets can give. Trading AMR can be exciting and profitable but quite risky and members should treat it as such.
Special: Day Trader Alert – Close at $0.4215 , 70%+ potential gains
AMR has already traded 1.179 times its 3-month average volume, and has calculated support and resistance at $0.20 and $2.95 respectively. Traders like to use volume as their lie detector for price action moves through predefined trading ranges.
About American Airlines.
American Airlines, American Eagle and the AmericanConnection® airlines serve 250 cities in 40 countries with, on average, more than 3,400 daily flights. The combined network fleet numbers more than 900 aircraft. American’s award-winning Web site, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve nearly 700 destinations in over 140 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, We know why you fly and AAdvantage are registered trademarks of American Airlines, Inc. (NYSE: AMR) For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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