DAL Trade
Updated
Watching DAL for a day or two.
Looking at the chart in yellow, loos to be a bull flag.
Target is the green line, while the red is a stop point.
Cases for:
Selling pressure is decreasing. The volume for selling is less than the buying.
Each attempt to go below 30.12 we see a bounce.
RSI volume is going upward.
Cases against:
UK and Europe going into lockdown.
uncertainty due to election.
Enter: 30.60-30.80
Target: 31.25.
Stop: 29.75
best of luck,
--d0x
Looking at the chart in yellow, loos to be a bull flag.
Target is the green line, while the red is a stop point.
Cases for:
Selling pressure is decreasing. The volume for selling is less than the buying.
Each attempt to go below 30.12 we see a bounce.
RSI volume is going upward.
Cases against:
UK and Europe going into lockdown.
uncertainty due to election.
Enter: 30.60-30.80
Target: 31.25.
Stop: 29.75
best of luck,
--d0x
Note
Seems to be invalidating. not much to watch at this point.
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