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Old 05-14-2010 | 02:56 PM
  #37725  
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TheManager
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Interesting.

As the market in general appears to be rolling over, DAL stock was up 3.7% on 1.5 times its normal volume. It also reclaimed its 50 day moving average and is nearing the top of its Bollinger and the middle of the upper half of its Keltner channel.

In contrast, all of the other airlines have were down over the session today.

This follow through today comes after a high volume day on Wednesday with significant gains. Suggests perhaps institutional buying.


http://stockcharts.com/h-sc/ui



TheManager.

Last edited by TheManager; 05-14-2010 at 03:02 PM. Reason: addition