The Long Investor

$DAL

Added 2024-02-15 13:49:38 +0000 UTC

I am going to be covering this chart very closely now while I have started a position and like this bullish set up.

I alerted yesterday that I bought and that I would consider buying again above $40.95, which was the previous high level, a hold now above here, which looks good so far, so I will consider adding again.

The next potential resistance level is at the red line at $42.75, a break out of this level and we are in a strong position to move up to the Bull Case line at $49.

This Bull Case resistance line has not been broken out of since March 2021....so a break above this level and the Bulls can expect more upside to the 1.618 Fib at $56.