DAL

Discussion in 'Stocks' started by EliteTraderNYC, Oct 4, 2015.

  1. Any opinion on this one and related airlines for the next 2 weeks? looks bearish
     
  2. I am leaning bearish/neutral on airlines while I am getting quite bullish on crude.
     
  3. Somebody once told me "never buy an airline stock" I tend to agree
     
  4. $DAL closed up 4.66 percent on Monday, October 5, 2015, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
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  5. Buy1Sell2

    Buy1Sell2

    Bounce in longterm downtrend continues here. Best to look to sell shortly after this bull flag resolves itself.