cashcow04

DAL Cup and Handle Breakout

NYSE:DAL   DELTA AIR LINES INC
DAL setting up on the hourly via cup and handle . Might take a few more days for this to liftoff with conviction. The cup formed, then the handle down to the 61.8 Fibo Retracement level and held, now on the way back up. Just need to watch the daily as it's in a huge moving average congestion zone, 5, 10, 20, 50, 200 all converging.

Alert set around $50.67 which would clear all moving averages and leave nothing but clear skies ahead for a run up to $53.00 by end of year.
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