The Traderszone Network

Published in TZ Latest News 18 August, 2014 by The TZ Newswire Staff

Delta Flies Above Key Moving Average

Delta Airlines (DAL) appears to be ending its two month correction with a surge back above the 50-day moving average. Notice how the stock successfully tested the 35 level twice and did not even test the rising 200-day. The recent move above the June trend line and 50-day moving average is medium-term and signals a continuation of the long-term uptrend. The indicator window shows momentum improving as MACD turns positive again

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