$DAL
Added 2024-05-13 17:21:11 +0000 UTC$DAL got a strong PT raise today from HSBC and added that it is on their recommended Buy list.
Though its been on our recommended list since the $30's
We can see that the price action is reaching for the 1.618 Fib at $56 as it is behaving like a magnet.
I will likely not sell even at Wave 3 here and just continue to observe the pull back for Wave 4 before getting its next leg up to complete Wave 5.
It is unclear where HSBC got the very specific PT of $72.80, as this is not a common Fib level.....but it does make it sound like they know what they are talking about.
