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I Don't Like DAL But I Do Like Trade Setups In HA and UAL

Published 02/17/2016, 12:53 AM

Delta Airlines (N:DAL) chart has no appeal to me from a long stand point. It is trying to come out of a downward trend, but there is no higher-high established yet, and to me, simply isn't worth trading.

DAL

But take a look at the chart in United Continental Holdings Inc (N:UAL) and how that stock is pushing out of its base and through some heavy, heavy resistance. Very appealing trade setup there.

UAL

And take a look at Hawaiian Holdings Inc (O:HA) - a volatile stock, no doubt - but it too is breaking out of a pattern of its own, namely a triangle pattern, and to the upside.
HA

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