$DAL
Added 2024-04-19 15:42:59 +0000 UTCI will be honest, it is remarkable to see how a cyclical and in the airline industry is holding a lot stronger than the Mega Caps.
So we need to remember that the Mega Caps have all completed their Wave 5's and topped, while many other large caps in S&P 500 are nowhere near completing their impulse wave.
That being said, I am staying on alert here because $DAL has not been able to flip this yellow line to support and has been kept below it since March 2021. So it is certainly a strong resistance level.
Any firm rejections and I will not hesitate to take profit here and go to cash or buy more of safe havens.
