ALK is fundamentally cheap in terms of Price/Sales per Share and Price/CF per Share. Its hard timing buys on Valuation, but I think the chart finally looks like the downside has abated. I expect it to trade up from here.
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Finally back above its 200-day MA. Still holding. Airlines have been pretty strong in general.
Trade closed: target reached
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Happy with the results, but wish I sold when I didn't feel the pressure. Out today at 67.80. May look at this again if it pulls back to the 200-day.