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WilliamL
Apr 17, 2017 11:11 PM

Go long Long

Alaska Air Group, Inc.NYSE

Description

I like this stock but only for a very short term move because earnings are in one week so im just looking for a 5 days move.

This is why i like this stock:

The stock bouced at a very strong support line.
There was a complete change of emotions today, a change of power. ( The bears had control last week and were in power but today with a gap up and with a close for a positive day, the bulls are now in control and have the power. A lot of bears are starting to wonder if the should exit tomorow if the stock move higher and maybe some people took their gains today so this looks strong for a reversal
When you see a nice downtrend move or uptrend move and then an indecision candle, it means that something is about to change in the direction of trend and this is what happen today.
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