Delta Airlines (DAL) chart has no appeal to me from a long stand point. It is trying to come out of a downward trend, but there is no higher-high established yet, and to me, simply isn’t worth trading.
But take a look at the chart in United Continental Holdings (UAL) and how that stock is pushing out of its base and through some heavy, heavy resistance. Very appealing trade setup there.
And take a look at Hawaiian Airlines (HA) – a volatile stock, no doubt – but it too is breaking out of a pattern of its own, namely a triangle pattern, and to the upside.
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