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
grjohnso
posted
I'm in at 3.00 with a stop at 2.8.
-Greg
SilverRain
posted
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
SilverRain
posted
I like AMR's chart too. It is somewhat similar to DAL's. I entered a positon on AMR earlier at 7.22
grjohnso
posted
Up 25%
-Greg
Art
posted
Nice one.
grjohnso
posted
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
Art
posted
Take the money and run!
grjohnso
posted
Back in @ 2.97 with a stop at 2.75.
-Greg
grjohnso
posted
out again with 27%
-Greg
sunny
posted
Played DAL today as well!
Good day....may be tomorrow as well.
SilverRain
posted
Precise Timing. Great Play, Greg!
sunny
posted
Any thoughts on the second press release today..."Delta announces agreement to defer approximately $135 Million of debt due 2005?"
grjohnso
posted
More upward action this morning. I think we will see higher lows in a short time.