$DAL - Subwaves added -
Added 2023-06-28 13:46:06 +0000 UTC$DAL back to back good news has been flowing out for $DAL and a number of airline stocks and we can see from our other airline stock charts like $LUV and $JBLU, they have all broken out now and following a strong trajectory to the upside, the $JETS ETF is a good ETF to track if you want to include all the large airline carriers together.
I see that Goldman Sachs increased $DAL's PT to $52 today, which we can see is our Subwave 3 target at the 1.618 Fib level, which is always our Wave 3 target level and we can also see that it is the high from early 2021. This would be a confluence level that I expect the market to focus on.
After hitting close to this level, I will expect a pull back for Subwave 4.
The trend here is certainly higher and fundamentals and chart support this.....as it did when I highlighted this at $31.
