Contiental Airlines, Inc. (CAL) close to bottoming out

Continental Airlines, Inc. (NYSE: CAL) has shown some upswing on Monday afternoon trades, after the CAL stock moved up to $12, up by 4.4% compared to Friday's closing.

Continental Airlines, Inc. (CAL) stock, is slowly emerging out of a sluggish trend, as at RSI of nearly 22, the stock has already moved to an oversold zone.

Continental Airlines, Inc. (CAL) stock has also shown an upswing after the Continental Airlines, Inc. (CAL) stock has been upgraded by Next Genreation to buy from its earlier rating of 'sell'.