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A few weeks has gone by since the DOJ challenged AMR's merger with U.S. Airways, but the news of Delta Air Lines is set to join the Standard & Poor’s 500-stock index. $DAL saw new highs on huge volume today. CHART
ITZ is looking at Alaska Air $ALK, suggests entering a 1/4 position around $60 with a $58 stop.
3 comments:
Raise stop from $58 to$61 (cost basis $60)
Suggest raising stop to $63, using 8-ema a trailing stop for now.
Stop executed @ $63 this morning, ITZ exits $ALK with a $3 gain or +5%
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