The Airline Trade Is Taking Off

With yet another summer time choppy 2016 session in the books, there was one area of the market that saw some love from bulls.

There were a couple of news stories breaking on these names, but that aside, from a price action perspective, many of the airline stocks were making notable moves today, either reversing off key levels or breaking out above recent resistance.

I’ll leave you to look through the charts yourself, but the following names $LUV $UAL $SAVE $AAL will be charts I’ll have on my watch-list moving forward.

LUV_8_30

UAL_8_30

SAVE_8_30

AAL_8_30

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Evan Medeiros

Evan is the founder of the Trade Risk. With 20+ years of coding experience and a B.S. in computer science, Evan brings a systematic discipline to investing in the stock market.

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