SamSuka
The Long Investor
The Long Investor

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$DAL

Nice pull back here, working its way through the subwaves nicely, we can see that the 50 Day MA is coming up quickly from below as a possible support line, ideally if the price can hit here and hold, we should move this higher to complete Wave 3, so watch for a hold at $44.

I expect $LUV and $JBLU to move higher before hand....as they are quite behind $DAL.

$DAL is completing Wave 3, while the other 2 stocks are only starting Wave 3....isn't this very convenient for us.

Same industry, different stocks, each strong and at different stages....the ideal scenario.

$DAL

Comments

I’ll add more at 44 once you confirm. A bit too early for re-entry at 46 but still ok.

Peter Mocca


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