SamSuka
The Long Investor
The Long Investor

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$DAL

$DAL is back up to $42 now after sinking down with the market at the start of August to $37, which brought the pull back in between the 0.618 - 0.78 Fib levels, which is weaker than standard.

Price is back to the 50 Day MA now for a test

We will need to see whether the 50 Day or the 200 Day MA will offer the strongest resistance, I suspect one of them will and a pull back will be needed then, bulls will then want to see a higher low, which is why I have added in the green fib levels to show where support can come

A higher low and $DAL is back on my radar

Ultimately getting back above the 200 Day MA at $44 will be bullish for $DAL

$DAL

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