$DAL
Added 2023-08-04 20:12:12 +0000 UTCWhile $LUV may only be starting Wave 3, we can see that $DAL has held our Wave 4 level at $44 today and may be starting its Wave 5 next.
However, we could still be in Subwave 5 of Wave 3 here, it is just coincidental that both Subwave 4 and Wave 4 are at the same level.
I suspect it has something to do with the 50 Day MA offering support on the daily chart.
My conclusion, after looking at both $DAL and $LUV, they may move together next to the upside, although in different waves.
Comments
So look like LUV has more upside then. Glad to just add at $32.77
Peter Mocca
2023-08-05 00:43:13 +0000 UTC
