technical analysis

Technical indicators tell us that sellers have become more aggressive.
The airline has lost some altitude on the charts, with the 50- and 200-day moving averages sporting bearish slopes.
Chart support is the $110 to $100 area.
We must take notice of the identical patterns we see in 2008 and 2016. 
A break below $48 could precipitate a deeper decline to the next support level -- around $44.
We can see the problem MA is having at the $100 level.
Don't anticipate too much here, and don't let your emotions get ahead of you.
A break below $75 should be a trigger to be more cautious. 
The chart is still positive, a breakout could occur at any time.
The slope is poised to turn positive.

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