$DAL
Added 2024-01-12 16:04:11 +0000 UTCAirlines are sinking today and although $DAL almost doubled their Q4 profit, they lowered guidance and the price is down -7.5% right now.
This is not a surprise, we got a strong run up to earnings in July which we profited strongly from and we saw the same thing happen here.
This chart has not changed and the Fib levels remain the same as on the last chart and so does the commentary, I want a pull back to the 0.618 Fib and hold and I will consider a position.
Failure to hold at $35 and I will not start any position as a new lower low may be next below $30.
