Don't Ignore This Chart!

Up, Up and Away? $XAL



Airline stocks have been in the new recently and here's why. They are very close to punching through the recent resistance zone around 42. The expanding Bollinger Bands reflect the recent volatility in the sector, but a close above 42 would go a long way towards legitimizing this move.

Chip Anderson
About the author: is the founder and president of He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997. Since 1999, Chip has guided the growth and development of into a trusted financial enterprise and highly-valued resource in the industry. In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at, and provides updates about new features or additions to the site. Learn More
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