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Benzinga
Benzinga
Business
Melanie Schaffer

Here's Why American Airlines Stock Looks Ready For Takeoff

American Airlines Group, Inc (NASDAQ:AAL) was flying about 7% higher on Friday, in tandem with the S&P 500, which was surging about 2.4% higher.

The sharp rise confirmed American Airlines is now trading in an uptrend. An uptrend occurs when a stock consistently makes a series of higher highs and higher lows on the chart.

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