New weekly demand level a round 50 for long term longs on Delta Airlines #DAL american stock. Previous weekly demand zones at 48.50 and 45.15 have played out nicely. Long term long bias at weekly and daily demand imbalances
Personally, to me this trend looks more like a whipsaw sideline movement. I usually use weekly chart to get an idea about general trend pattern and use daily chart to get more details and understanding about the trend. Just my $0.02
@RussianSwingTrader, it all depends on how you look at it, all this is happening at bigger timeframe imbalances, a single chart is not enough to make a trading decision after all, this is just the weekly chart.