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This week Sector Watch : Airline Stocks seem resilent

|Includes: AAL, Pinnacle Airlines Corp. (PNCLQ), UAUA

Airlines stock has been rather resilent during these two days of major decline on Wall Street. Some of the airline stocks are showing signs of fatigue and slow down although most  manage to hold above the 14D, 25D MA. Watch out for these stock on whether the upward momentum will continue when DJ does a technical rebound next week. PNCL (8.08 ↓1.58%) just broke out of consolidation zone, but i would expect it to consolidate closer to its 14D MA before the next up move.UAL has not broken out of consolidation zone yet and seems well supported on the 14D MA. Lower oil price should continue to boost airline stocks.

24 Jan Pinnacle

24 Jan UAL

24 Jan Delta24 Jan LCC



Disclosure: No positions