XAL Index Chart

Airline Index

 

XAL

yauger yauger PRO DSAR, W, Long , 9 months ago
DSAR: Airlines are flashing bullilsh signs
9 0 1
DSAR, W Long
Airlines are flashing bullilsh signs
Here is another chart sporting a compelling story. A bullish one that is. As my other recent posts, the Dow Jones US Airlines seems to indicate there's still life in this bull market. From its high of early 2015, the index decline in pretty much a textbook flat i.e. an ABC with wave B trying to kiss the high. Then ...
vlad.adrian vlad.adrian PRO XAL, D, Short , 2 years ago
XAL: Airline Index - Momentum short trade
54 0 3
XAL, D Short
Airline Index - Momentum short trade
As it says on the chart, the stop loss should be very tight because this is a bet on momentum. Because this is the first lower low, there are chances for an over extended move down. This was one of the worst hit sector today. This is not a trade that's worth a big risk. Weekly doesn't say much, only that price is ...

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