$DAL
Added 2024-04-26 10:30:01 +0000 UTCI took 50% of my position off the table yesterday after making 24% profit on this since Feb and it was my second largest position.
I felt the market was on a knife edge and if $MSFT and $GOOG got the same reaction as $META, the entire market was coming down, as the weight of both of these companies combined would have have confirmed the Wave A correction for me.
$DAL recovered early loses and finished the day up +4%
Also a reason why I rarely sell a full position because the decline and rejection has not happened yet, or has their been any break down of the structure, this impulse wave has remained the same with no changes ….only thing that has changed is my risk exposure
I have add in the green line which has been taken from the previous high in July 23, which is showing some resistance.
But a breakout and hold above $49.80 and we have support confirmed and our Wave 3 target a $56 looks good.
