With recent decline in the share price, the share has broke down below 200 DMA long term support. With everything broken down (20, 50 as well as 200 DMA), long term support can be found by considering 2 to 5 year stock price trend line. I have attached simple 5 year Yahoo chart on AMR. If you draw the bottom out levels for last 5 years and draw the support line, you will find that the current stock price has reached near long term downside support line. Doing the same for the uptrend line shows that the stock can trade to near $50 level if the fundamentals improve.
Chart: http://www.investorhives.com/big_pic.php?fname=uploaded_files2%2Fjongyoo269.png&caption=AMR%205%20year%20trend%20line&msgid=451
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