This is a double bottom forming here. We have a bullish RSI divergence. By that I mean we are seeing lower lows with price and higher lows with the relative strength index.
My only concern is that the market looking at a downswing right now.
-Greg
Posted by grjohnso on :
I'm in at 3.00 with a stop at 2.8.
-Greg
Posted by SilverRain on :
Good call, Greg
I was watching it earlier this morning and turned away from it for a while looking at Metal Mining stocks, and looking back I see it took off. Its still looking attractive here at 3.21
Posted by SilverRain on :
I like AMR's chart too. It is somewhat similar to DAL's. I entered a positon on AMR earlier at 7.22
Posted by grjohnso on :
Up 25%
-Greg
Posted by Art on :
Nice one.
Posted by grjohnso on :
Out at 3.95 with 31%. This one is nearing its long term bottom. I want to be sure and catch it and ride it up for a while.
-Greg
Posted by Art on :
Take the money and run!
Posted by grjohnso on :
Back in @ 2.97 with a stop at 2.75.
-Greg
Posted by grjohnso on :
out again with 27%
-Greg
Posted by sunny on :
Played DAL today as well!
Good day....may be tomorrow as well.
Posted by SilverRain on :
Precise Timing. Great Play, Greg!
Posted by sunny on :
Any thoughts on the second press release today..."Delta announces agreement to defer approximately $135 Million of debt due 2005?"
Posted by grjohnso on :
More upward action this morning. I think we will see higher lows in a short time.
