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optimizedtrading
Dec 19, 2023 1:23 PM

📈 #ALK catch it if you can! Long

Alaska Air Group, Inc.NYSE

Description

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Hey guys,

This may take off once the market opens in the next hour but you may have a chance to catch this up move.
We have the following items in the technical analysis which indicates a bullish up move to target levels:

1. Nice clean identifiable impulse
2. Healthy correction to 38.2 fib level
3. Correction longer in duration than Impulse
4. Healthy identifiable impulse breaking out of correction
5. Bullish continuation structure on lower degree

Take profits at target levels and move to break even once some is locked in.

Trade active

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First target hit, I am holding on for second target!
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