Needless to say I have been watching this like a hawk.
Each time it has held support on the ascending triangle diagonal line, each time it tests the breakout level at $42.70 and the retest of the $42.70 line.
It has also made a higher high just now too.
So it is moving as expected and in the same way $ABNB did before it broke out of its own ascending triangle.
$DAL has also appeared to break away from the other airlines stocks which is why it is the market leader and why we have a position here.
As long as $DAL stays above $42.70.....Wave 3 is possible up to $56.
Gareth Neary
2024-03-13 15:10:14 +0000 UTCMatt
2024-03-13 15:09:23 +0000 UTC