$DAL
Added 2024-04-11 16:11:39 +0000 UTC$DAL had a rollercoaster day yesterday, +5% in the PM post earnings, which were an impressive double beat on strong business class travel and finished the day -2%, down to the large sell off from CPI.
We are not seeing a breakout down on the chart and we have seen a higher high yesterday and a higher low today.
Price is up 2.5% today too.
Price action also held the 0.236 Fib on the pull back too.
The plan remains the same here, we want to see a breakout above the yellow trend line and 1 Fib at $48.70, otherwise we will continue to watch for signs of rejecting at this resistance level.
I have not touched my position.
Comments
Captain, what would you need see to add or initiate a position for those who haven't done so yet?
ARPedro
2024-04-11 19:04:46 +0000 UTCThanks for the update Captain - $DAL is looking strong!
Josh Stevens
2024-04-11 16:18:24 +0000 UTC
