Ready For Takeoff

Updated
This is a seriously long term idea on DAL. It is very early in the idea, but I think the upward range expansion we recently saw in the 3 month bar can be acted on. If all goes smoothly, we could target around $100 for this stock. I think it is finally time. Finally time to own airlines. A good initial stop loss could be around 25 if you are comfortable giving the idea that much room.


May the winds of millennials desiring unique life experiences carry us forward!
Trade active
Starting to look interesting. Maybe we can get that break out to all time highs... dare I say it. Ha. Should be interesting to see how it goes at any rate!
Note
Trying to link this chart here. This is how this has been playing out in the weekly format. Despite all the volatility I am fortunate to be fairly profitable on this one so far. This is also interesting to see that when you draw a long term idea, you have that much more information to potentially trade a stock on the smaller time frames. Which of course hopefully serves to be helpful and allow one to make profitable trades.

snapshot
airlinesBeyond Technical AnalysisDALTrend Analysis

Reagen Dykhouse
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