soldierducky
Short

VA short play on weekly

NASDAQ:VA   VIRGIN AMER INC
volatility in oil             and the recent sell off in oil             is causing airlines stocks to be volatile as well.

VA is an undervalued stocks by many metrics, however technical analysis showed the lack of demand from this stock .

Combining the rising wedge , bearish divergence, and market volatility, I am expecting a decline over the next few weeks.

However, if it breaks it's a different story. Does anybody want me to calculate a price target?
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