This is my thoughts on American Airlines: I think the stock in the long term is a little bullish but also bearish. The stock had been moving up and down for a long time so there is not really a side on the long term, a little bullish but not a lot. As you can see there is a BIG support line (since 2014) where the stock bounced on friday and that bounce is what got me interest into this stock. For 9 months , the stock had been going up and the stock is mainly bullish and that's what i want, to trade with the trend and not against it. The candle of friday was strong because it moved down a lot but finished at the top of the candle so the bulls finished the day strong and it's always bullish when you a candle like that after a huge bearish candle. I will buy the stock if it goes around 44.12 tomorow. So because there is support that lasted from a long time and because the candle shows sign of strength on the upside, i expecting a bounce.
