AAL Long at 2:41 pm EST On June 8th, 2017
The day trade of the week was American Airlines Group Inc. (NASDAQ: AAL), which had a 3-lane setup on the 1, 5, and 15-minute charts. We took this perfect storm setup at its early stage for the continuation higher. AAL has been pushing higher all day with consistency and SPY was looking to move up at the same time. Since I was able to find an early entry on the 1-minute PUP, break of counter candle allowed me to take a heavy amount of shares. 3200 shares to be exact! The risk was less than 5 cents and was able to take targets at each upper Bollinger band bumper on the 1, 5, and 15-minute charts. This trade was flawless and was able to take a profit of 4.81R just on this trade alone.