Delta - DAL has been whipping the short sellers handily for the past couple of years. Each time the chart sets up a top formation where the price rolls over and triggers technical sell signals, the stock takes off and wipes out the short sellers.
This pattern has gone on a long time now and the chart has a new sell signal setting up which needs DAL to stay under $34.3 on Monday for it to trigger.
Stay tuned. The trendline looks so ripe to be broken with a decent decline in the shares of DAL.
Target 30-28, Risk 34.8, Last 33.53
Tim Sun, March 30, 2014 11:11PM EST
This pattern has gone on a long time now and the chart has a new sell signal setting up which needs DAL to stay under $34.3 on Monday for it to trigger.
Stay tuned. The trendline looks so ripe to be broken with a decent decline in the shares of DAL.
Target 30-28, Risk 34.8, Last 33.53
Tim Sun, March 30, 2014 11:11PM EST
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.