Mesa Air Group, Inc. (fka MESAQ)

[TRENDmendous]

Looks to me like this is just healthy consolidation… As stated before, the longer the consolidation, the better for a nice move. Looking at the chart we are in about the same position we were in back on Feb 16th. We are still trading about $100K a day.

Indicators are in the oversold area, yet we are holding the PPS… I for one prefer to buy a stock in an oversold position rather than overbought!