Oil showed a remarkable turn around on Monday. Markets are also shaky a bit but many Airline stocks showed strong reversal signals as per Profit From Prices method.
You can consider these stocks for investment at currrent prices.
AMR has the strongest signal- REVERSE Buy
You can consider these stocks for investment at currrent prices.
AMR has the strongest signal- REVERSE Buy
LCC and DAL also had U TURN signals with good jump in volume
As always, do your homework. We just try to include here what we are considering ourselves.
(FYI: Check the earnings projections for airline stocks. Even when Oil is so expensive, most of them are expected to earn $1 or more. P/E looks pretty reasonable at these prices.)
Wasn't that a good signal? Airline stocks are up by more than 20% in this otherwise dull market.
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