$DAL - WATCHLIST -
Added 2024-01-04 17:25:34 +0000 UTC$DAL is my top airline pick, closely followed by $LUV. Fundamentally and technically $DAL is superior and many analysts have $DAL as one of their top picks for 2024 and I can see why from our chart.
I would still like to see more of a pull back right now to the lower white fibs levels, especially to $36, where the 50 Day MA is at right now.
Today the price action is holding on the 200 Day MA on the 0.38 Fib, this is enough for the pull back to complete but I want to see a small bounce and further pull back and then I will start a position again.
A reminder that we have Wave 3 at a PT of $84.
