Delta Air Lines, Inc.Updated DAL Trade
Watching DAL for a day or two.
Looking at the chart in yellow, loos to be a bull flag.
Target is the green line, while the red is a stop point.
Cases for:
Selling pressure is decreasing. The volume for selling is less than the buying.
Each attempt to go below 30.12 we see a bounce.
RSI volume is going upward.
Cases against:
UK and Europe going into lockdown.
uncertainty due to election.
Enter: 30.60-30.80
Target: 31.25.
Stop: 29.75
best of luck,
--d0x
Looking at the chart in yellow, loos to be a bull flag.
Target is the green line, while the red is a stop point.
Cases for:
Selling pressure is decreasing. The volume for selling is less than the buying.
Each attempt to go below 30.12 we see a bounce.
RSI volume is going upward.
Cases against:
UK and Europe going into lockdown.
uncertainty due to election.
Enter: 30.60-30.80
Target: 31.25.
Stop: 29.75
best of luck,
--d0x
Note
Seems to be invalidating. not much to watch at this point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.