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Airline Sector Analysis & Trade Ideas (video)

The outlook for the airline sector, $XAL, as well as the individual stocks within that index, many of which appear to be offering very objective trade setups with above average gain potential. Note: If you click the settings icon (cog/gear icon), you have the option to increase the playback speed of the video (1.25x, 1.5x [...]

DAL stopped out

DAL made an impulsive breakout above the previously posted downtrend line/stop criteria and will be considered stopped out and moved the Completed Trades category along with a few other stopped out trades to be updated asap.

Mar 5, 2013 11:49am|Categories: Completed Trades - Short|Tags: |Comments Off on DAL stopped out

DAL short update

The DAL short is one of several active short trades that actually exceeded the previously posted suggested stop parameter but still looks fine from a technical perspective.  In decided how to manage these trades on the site, I figure that I have two options: 1) Consider the trade stopped out and remove it from the [...]

Feb 26, 2013 10:50am|Categories: Completed Trades - Short|Tags: |Comments Off on DAL short update

DAL short update

In going thru the active trades today, I just noticed that I never made any stop suggestions on DAL.  Here's an updated 60 minute chart which shows a new support level which has formed since the original post on Jan 29th.  We can also see that DAL, although having moved about 5.6% above the entry [...]

Feb 7, 2013 10:25am|Categories: Completed Trades - Short|Tags: |Comments Off on DAL short update

shorting DAL

I am adding DAL as an active short trade here at 13.68 as what I refer to as a "pullback trade".  DAL has become extremely overbought on all time frames out to the weekly charts and as the pattern on this 60 minute chart indicates, will likely come back in to at least the 12.90 [...]

Jan 29, 2013 4:00pm|Categories: Completed Trades - Short|Tags: |Comments Off on shorting DAL

DAL update

here's the updated chart (last one) of DAL which hit it's final target on 3/14 for a 16% gain and quickly bounced all the way back to the first target (T1) former support, now resistance area.  DAL has since bounced around range-bound between those target levels and could provide another long-side swing entry if it [...]

Mar 26, 2012 11:55am|Categories: Completed Trades - Short|Tags: |Comments Off on DAL update

DAL T2 hit

perfect hit of the bottom of that gap, and the expected bounce right off T2.  T2 was (is) my favored target for this trade although i still think T3 has a good chance of being hit, especially if the market continues down into the close and thru tomorrow.  however, the R/R diminishes as each target [...]

Feb 21, 2012 2:53pm|Categories: Completed Trades - Short|Tags: |Comments Off on DAL T2 hit