GarethSoloway's  Instablog

Send Message
Chief Market Strategist Gareth Soloway has been an avid swing and day trader since his days at Binghamton University where he studied Economics. After college, Gareth quickly excelled as a financial advisor, helping clients get their financial houses in order. While helping others gain financial... More
My company:
My blog:
Pro Traders Rant & Rave Blog
  • Transports Put In Top: American Airlines Group 0 comments
    Jun 3, 2014 12:56 PM | about stocks: AAL

    American Airlines Group (NASDAQ:AAL) has reversed at all time highs and is forming a potential topping tail. Topping tails are bearish signals. When this occurs at a high, it tells traders and investors that a fall is on the horizon. The iShares Dow Jones Transport. Avg. (NYSEARCA:IYT) is also having a very weak day, coming off all-time highs. This relative weakness and reversal speak to a broader transport signal of downside. Look for this to be a significant longer term top in the transports and in American Airlines Group.

    Gareth Soloway

    Stocks: AAL
Back To GarethSoloway's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.