ARTICLE SYNOPSIS...Despite an overshoot on the way down, the DJ Airline Index (DJUSAR) recovered just in time for a fairly normal retracement and price channel breakout.
ARTICLE SYNOPSIS...Despite continued high oil prices, the Amex Airline Index ($XAL) broke resistance and momentum has turned fully bullish.
ARTICLE SYNOPSIS...After being grounded earlier this year, JetBlue stabilized at long-term support and the June surge looks strong enough to continue.
ARTICLE SYNOPSIS...Typical of many Standard & Poor's 500 component stocks of late, shares of semiconductor manufacturer Micron Technology (MU) appear to be in the process of breaking higher from well-formed consolidation patterns whose bottom support levels have a