DAL just like AAL looks like it is ready to breakout out bullish from a falling wedge. Price is oversold on Stochastic's and the Sentiment Zone with the RVGI crossing over bullish. The first target is on the 31.8% line at about $51.97 which should be hit by Thursday or Friday. Use your 8 EMA or daily volatility to place your stop.
Note
Trade Idea VOIDED on 8.7.17
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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.