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.
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
Posts: 95 | From: Riverside, CA | Registered: Feb 2004
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I like AMR's chart too. It is somewhat similar to DAL's. I entered a positon on AMR earlier at 7.22
Posts: 95 | From: Riverside, CA | Registered: Feb 2004
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Any thoughts on the second press release today..."Delta announces agreement to defer approximately $135 Million of debt due 2005?"
Posts: 3727 | Registered: Jul 2004
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