Algokid

AIRLINES PLAY - FAA

BATS:FAA   None
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Seems like with falling oil prices, Airlines are catching a break. LUV( southwest) and DAL ( Delta) have been trading up lately. With this chart, i am simply looking at the Airline ETF ( FAA ). currently @ 31.01 with a stp @ 29.35 . Not a real trade btw.
Stop was a little tight, but overall direction was correct. Expect this ETF and Airlines stocks to move up as oil price decreases.
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Nice trade anyway.
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sorry..currently @ 31.10
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