Bullish Daily MACD Divergence shows Airlines are ready for Take-Off
Jul 27, 2016
We’re not saying
I told you so, but we did!!
Airlines soared last week
This was my tweet on Monday July 11, midway through the trading day. At that time airlines had just begun to move. UAL United Continental was trading at $42.50
The daily divergence clearly indicated the price should be around $47!!! How do I know that? look at the slope of the MACD in the Chart below and you can see where UAL SHOULD BE.
