American Airlines is moving forward with recall plans despite stimulus uncertainty

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American Airlines (AAL.US) confirmed today it still plans to recall furloughed employees and give them paychecks by Dec. 24, even after Donald Trump refused to sign the economic relief bill that includes payroll support for airlines. "While this is an unexpected development, we are moving forward with recall plans and furloughed team members will receive funds in their accounts on Christmas Eve as planned," company's spokeswoman said.

American Airlines (AAL.US) - Investors appear to be pleased with the company's recent statement as its stock rose more than 4% during today's session. Buyers managed to break above the upward trendline. Should upbeat moods prevail, the upward move could be extended to the $16.53 handle or even $17.77 level. However, if sellers will manage to halt declines here, then another downward impulse towards support at $15.15 could be launched. Source: xStation5

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