Airline sector compared to price of Crude oil: Similar to $USD, airline sector $XAL trading against the price of crude oil.
Airline sector technical analysis:Raise in $XAL is almost complete. Note the two lines are NOT parallel, so the figure may be a wedge instead of channel. In case of wedge, we may see price raise, but I do not think so, because there are resistance on $21.40, then on $23.49, then on $24.99...
2008-06-05
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment