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AMR Swing Trade Until the End of August

AMR is seasonally bullish in July and August. There is a bullish breakout forming above the white trendline. The price has climbed up this week so this is a bit of a late entry. Next week I would try to buy as low as possible near $300 price levels.

AMR has a very bullish seasonal trend in August with +24% average gains. The next few weeks are seasonally bullish as well.

Entry price: $300 to $314, as close as possible to $300 for the best entry.

Stop loss: $295

Sell targets:

  • $346.39
  • $407.71

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