timwest
Short

Delta Air Lines -DAL -Daily - Stalling out after a 4-fold rally

NYSE:DAL   DELTA AIR LINES INC DEL
399 16 11
Note how the last "key level" keeps getting tested - maybe it will trigger some stops and lead to a more cascading-type of decline.

I hope my artwork wasn't too inappropriate!

Tim

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mduck
2 years ago
what is the yellow circle standing for?
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timwest PRO mduck
2 years ago
The yellow circles mark all the times that DAL tested the "key levels" marked by the green lines. (Those are drawn on the chart by a script you can subscribe to called "Key Hidden Levels") You can see how they are important levels, so if it goes through that level then the stock could take a tumble.
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elcololp
2 years ago
my friend, whats your average annual yield ?
Reply
timwest PRO elcololp
2 years ago
That is a very good question elcololp. I'm very conservative in my position sizing and hedging strategies, so it isn't as good as you might think. What would you guess it is based on my charts that I publish??
+1 Reply
elcololp timwest
2 years ago