American Airlines (AAL) bullish trend signals opportunity on retracement [Video]

American Airlines (AAL) maintains a bullish sequence from the April 4 low, supporting potentialities for extra upside. A 100% Fibonacci extension initiatives a target of $16.8, reinforcing the constructive technical outlook. The short‑term cycle from the September 30 low is unfolding as a zigzag Elliott Wave structure. From that low, wave A evolved to 14.05. A corrective pullback in wave B then terminated at 12.11, as confirmed by the hourly chart. Wave C is now progressing elevated in the build of an impulse Elliott Wave structure.

American Airlines (AAL) 60-Minute Elliott Wave chart from 12.10.2025

Within this advance, wave (i) ended at 12.65. The dip in wave (ii) stumbled on enhance at 12.15. Wave (iii) extended to 14.11, while the pullback in wave (iv) settled at 13.56. The stock is anticipated to total wave (v) soon, which can serene finalize wave ((i)) of a elevated diploma. Later on, a corrective share in wave ((ii)) is anticipated. This can deal with the cycle from the November 18, 2025 low sooner than the broader uptrend resumes. Approach term, as prolonged because the pivot at 12.11 remains intact, pullbacks would possibly presumably well serene acquire enhance in 3, 7, or 11 swing constructions. This framework continues to favor extra upside ability.

AAL Elliott Wave video