Sunday, January 20, 2013
3 Stocks to Watch This Week + SPY Summary
in early December on its breaking above weekly ascending triangle. Delta has jumped from $10.00 to as high as $14.11 (41.1% gain) in less than 2 months. DAL has closed lower for 2 days already but very little volume. Many has mentioned its possible pullback due to its persisting high reading in RSI on Twitter. But I think even a correction takes place, DAL won't close below $12.71 (MA20) as down volume is MUCH less than up volume. The chart still look pretty good for entry, even at the current level.
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