This airline stock looks so bad, it's good, technician says $AAL (via TradingNation)
have all fallen sharply in the past week as the rest of the transports stocks tumbled. The group also dropped Thursday after the U.S. moved to issue tariffs on Airbus planes.
"The weakness is widespread and over the last few days that weakness has really started to accelerate, but one stock really jumped out at us and that was American because the chart is actually so bad, we question is it actually good," O'Hara said Thursday on CNBC's "Since the beginning of 2018, American Airlines has fallen from a high of $59 to a low of $24. It now sits at a critical level, O'Hara said.
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