American Airlines Group Inc

AAL remains in a Stage 4 decline, confirmed by a decisive support failure and a sequence of lower highs and lower lows. Medium-term bias stays bearish as sellers continue to dominate with no stabilizing base in place. In the short term, price is below declining 9EMA and 21EMA, signaling unfavorable conditions for upside and favoring downside participation. We recommend selling now, ideally on rallies into the 9/21 EMA resistance zone, to capitalize on the downtrend continuation.

• ↑Q2 revenue hit $14.4B, up 10.8% year-over-year on strong demand rebound
• ↑Premium unit revenue grew 7pp faster than main cabin, attracting high-yield customers
• ↓Total debt ~$29.3B and liabilities >$49B create high financial risk