SamSuka
The Long Investor
The Long Investor

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$DAL

I feel like labeling what happened with $DAL, the '$DAL situation', where fundamentals and technicals align, in spite of popular opinion, it was a buy at $31, while nobody wanted to touch airline stocks.

This is what we need to continue doing, be ahead of the market and buying when we combine both analysis.

Earnings report out today and they smashed it and increased their guidance.

So I believe this could run to very close to $52 and then the pull back will come for Wave 4.

There is still a lot more upside here but I feel this needs to let off some steam over the next few sessions and if you are in since $31/$33, it's probably not a bad idea to bank some profits and add to one of the opportunities we have presented this week, so we can compound those profits.

It depends on your strategy, you can always wait and just add on Subwave 4 when it pulls back.

$DAL

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