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DAL

DAL... We have take offGood morning traders, If you have been following my predictions on DAL and UAL, well... WE HAVE TAKE OFF! OB has been tested, we could see a pullback testing the previous red candle but should be a decent flight from there on out. Some turbulence along the way, but shouldn't be big enough to knock this plane down. All previous areas have been tested and structurally it looks great. Hang on tight a bit more we are almost there. Keep UAL on your sights, this has much more traveling to do which means bigger profits as well. Hope you enjoy the rest of your day, and don't forget to follow for all my other predictions. Have a great rest of your week, happy trading & God Bless!
NYSE:DALLong
by Vic_Tech_Trader
Ready For TakeoffThis is a seriously long term idea on $DAL. It is very early in the idea, but I think the upward range expansion we recently saw in the 3 month bar can be acted on. If all goes smoothly, we could target around $100 for this stock. I think it is finally time. Finally time to own airlines. A good initial stop loss could be around 25 if you are comfortable giving the idea that much room. May the winds of millennials desiring unique life experiences carry us forward!
NYSE:DALLong
by redykhouse
Delta Air Lines (NYSE: $DAL) Set to Report Q3 Earnings Today As Delta Air Lines (NYSE: NYSE:DAL ) prepares to report its Q3 earnings on October 10, 2024, investors are keenly watching for signs of a potential breakout. Despite facing industry-wide challenges, including rising costs and the looming impact of Hurricane Milton, Delta stock ( NYSE:DAL ) is showing signs of bullish momentum. With analysts predicting a 25% earnings decline to $1.52 per share, the Atlanta-based airline still has promising revenue growth forecasts, as the airline sector continues to rebound. Earnings Outlook For Q3, analysts expect Delta’s earnings to decline 25% year-over-year, largely due to higher operating costs and fare competition caused by an oversupply of flights but that's too bad. However, revenue is expected to inch up by 0.7%, reaching $15.595 billion, thanks to steady travel demand at least some hopium. The outlook for Delta’s full-year earnings suggests a slight dip to $6.18 per share, which is within the airline’s guidance range of $6-$7 per share. Notably, analysts project a strong 19% rebound in earnings for 2025, raising optimism for long-term investors. Revenue Hit from IT Outage: This earnings report will be Delta’s first since the massive IT outage in July caused by a CrowdStrike software update. The outage forced the airline to cancel thousands of flights, resulting in a $500 million revenue hit. While the company has considered legal action against the software provider, the incident has cast a shadow over its Q3 performance. ugh With all this, i don't think NYSE:DAL stock could escape the plunge. Hurricane Milton's Impact: The imminent arrival of Hurricane Milton, a Category 4 storm, poses an additional threat to Delta’s Q3 results. On Wednesday alone, over 2,500 flights were canceled, many of which belonged to Delta. The company is bracing for further disruptions as the hurricane hits Florida’s west coast. This comes on the heels of Hurricane Helene, which wreaked havoc across the Southeast earlier in the month. Despite these headwinds, Delta’s leadership in the airline industry remains solid. As one of the most profitable U.S. carriers, Delta is expected to weather these short-term challenges and emerge stronger, especially as the entire travel sector, including cruise lines and hotels, rebounds aggressively into 2025. Technical Analysis: On the technical front, Delta stock is approaching a key buy point at $52.45, which represents a cup-with-handle formation. The stock has been in a rally mode, following a 6% gap-up in late September, when Southwest Airlines raised its revenue guidance and lowered fuel cost projections. Since then, Delta stock (NYSE: NYSE:DAL ) has gained nearly 2%, closing just shy of the crucial buy point on Wednesday. Bullish RSI and Inverted Hammer Signal Potential Breakout: As of Wednesday’s close, Delta stock (NYSE: NYSE:DAL ) exhibited a bullish RSI of 67.24, suggesting strong momentum. Additionally, the daily price chart revealed a bullish inverted hammer candlestick, a pattern often indicative of a potential reversal to the upside. A breakout above $52.45 could pave the way for a move toward the pivot point at $54, marking a bullish trajectory for the stock. However, traders should also keep a close eye on the downside. A break below the one-month low of $46 could trigger a selling spree, especially if the hurricane impacts the company more severely than expected. Broader Sector Rebound: A Positive Tailwind While Delta faces (NYSE: NYSE:DAL ) its own unique challenges, the broader airline sector has been rallying for nine straight weeks. United Airlines ( NASDAQ:UAL ) and Southwest Airlines ( NYSE:LUV ), which are set to report earnings later this month, have both been climbing in tandem. The entire travel sector, buoyed by strong demand for both leisure and business travel, continues to outperform, with analysts predicting further gains through 2025. In addition to the airline industry, cruise lines like Royal Caribbean ( NYSE:RCL ) and travel booking platforms have seen robust growth, with Citi analysts noting that the rally “has real legs” into 2025. For Delta, this sector-wide recovery could provide further support for its stock price, despite near-term turbulence. Price Target and Analyst Sentiment: Delta stock (NYSE: NYSE:DAL ) is currently trading around $47.90, down 6.5% in premarket trading on Thursday. Analysts remain optimistic about the stock’s long-term prospects, with a consensus price target of $61.89, implying a 21% upside from Wednesday’s close. Additionally, 11 analysts have assigned Delta a "Strong Buy" rating, further bolstering the bullish sentiment surrounding the stock. Conclusion: Delta Air Lines (NYSE: NYSE:DAL ) is at a critical juncture as it prepares to report Q3 earnings. Despite the challenges posed by Hurricane Milton, rising costs, and the recent IT outage, Delta’s fundamentals remain strong. The airline is expected to see a modest revenue increase in Q3, with significant earnings growth projected for next year. Technically, the stock is on the cusp of a potential breakout, and a move above $52.45 could trigger a fresh rally. However, investors should remain cautious, as a dip below $46 could lead to a sell-off.
NYSE:DALShort
by DEXWireNews
Delta Air Sees Massive DemandDelta Air Lines ( NYSE:DAL ) is running its largest ever transatlantic schedule this year due to healthy travel demand, particularly on international routes. The airline has forecast record high second-quarter revenue due to buoyant demand for spring and summer travel. Delta's CEO, Ed Bastian, said that summer is progressing strongly and demand is quite healthy. Delta ( NYSE:DAL ) is well-positioned to take advantage of this with its partners. Consumers are spending on experiences with travel a top priority after the pandemic, with premium travel being particularly strong. Delta ( NYSE:DAL ) President Glen Hauenstein said that the international business is quite strong. Rival American Airlines reported that there was still excess seat capacity in the domestic market, resulting in discounting pressure. Delta ( NYSE:DAL ) executives believe that US carriers will further moderate capacity in the second half of the year, which will underpin the industry's pricing power. Delta operates a large mixed fleet including planes from Airbus and Boeing, which is engulfed in a quality and corporate crisis. Delta ( NYSE:DAL ) is "encouraged" by steps Boeing is taking with management changes and other adjustments at the company. Delta ( NYSE:DAL ) is still committed to its order for Boeing 737 MAX 10 jets, which are still awaiting certification by the U.S. Federal Aviation Administration. Delta ( NYSE:DAL ) has no plans to swap the MAX 10 for another model, but hopes the changes being made at Boeing will allow it to make progress on building the MAX 10. Delta Airlines stock ( NYSE:DAL ) finished Friday's trading session up 1.82% trading above the 200-day Moving Average (MA).
NYSE:DALLong
by DEXWireNews
Rising premium ticket prices bolster Delta Air Lines' stockDelta Air Lines Inc. is experiencing a positive shift in its business dynamics, driven by an uptick in premium passenger air travel. As reported by the International Air Transport Association (IATA), this trend is returning premium travel segments to normal levels. This is particularly significant for airlines like Delta, known for its robust business-class offerings. This recovery enables Delta to not only enhance its business class profits but also contribute directly to its revenue mix and overall profitability. In response to this positive trend, Delta plans to reduce its debt. This move is expected to have a dual effect: it could improve the company's credit ratings and enhance the stock's appeal to investors. Combined, these factors will likely drive Delta's stock growth in the medium term. Analysing Delta Air Lines Inc. (NYSE: DAL) stock for potential investment opportunities: On the Daily (D1) timeframe, the stock has established a resistance level at 51.85 USD and support at 48.20 USD. Currently, in an uptrend, the stock is testing the support line. If the trend reverses downward, a potential downside target could be around 42.50 USD. If the uptrend resumes following a rebound from the support level, a short-term buying opportunity may arise with a target of 56.50 USD. For a medium-term outlook, the price has the potential to climb to 63.30 USD, assuming the positive momentum continues. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NYSE:DAL
by RoboMarkets
Delta Air Lines Soars Above Expectations: A Tale of ResilienceDelta Air Lines ( NYSE:DAL ), a titan in the aviation industry, has once again defied expectations, showcasing resilience and adaptability in a challenging landscape. The airline reported a remarkable turnaround in the first quarter, swinging to a profit with record sales despite lingering concerns about inflation and economic uncertainty. CEO Ed Bastian expressed confidence in Delta's performance, noting robust bookings for both leisure and business travel as the peak season approaches. This optimistic outlook is reinforced by the company's forecast for the second quarter, with anticipated earnings surpassing analysts' expectations. One of the key highlights of Delta's strategy is its focus on efficiency and optimization. Following an aggressive expansion phase post-pandemic, the airline has shifted gears to streamline operations and enhance profitability. This approach includes a prudent approach to hiring, with Delta slowing down recruitment while maintaining a keen eye on driving efficiency gains. The resurgence of corporate travel is particularly noteworthy, with Delta reporting a significant uptick in sales from the technology, consumer, and financial services sectors. This resurgence underscores the enduring importance of business travel and signals a promising trajectory for Delta as it navigates the recovery phase. Despite facing headwinds such as rising costs and inflationary pressures, Delta remains steadfast in its commitment to delivering value to shareholders. The company's reaffirmation of its full-year forecast and free cash flow projections reflects management's confidence in its ability to weather the storm and emerge stronger. Delta's performance in the first quarter underscores its resilience and agility in responding to dynamic market conditions. As the aviation industry continues to rebound, Delta stands poised to capitalize on emerging opportunities and chart a course towards sustained growth and profitability. Technical Outlook Delta Air Line ( NYSE:DAL ) stock is trading with a moderate Relative Strength Index (RSI) of 64.35 indicating a continuous bullish run from the stock after a positive earnings review. The stock is trading above the 200-day Moving Average (MA) further validating the bullish thesis of Delta Air Line ( NYSE:DAL ).
NYSE:DALLong
by DEXWireNews
JETS, a travel ETF rising summer travel season approaches LONGJETS on the reliable daily chart is in trend up since last fall which followed a trend down during the spring and summer. Travel stocks are booming here and there including TCOM (Trips.com) in China. The airlines have high volumes and are competing on price and perks. So are the cruise lines. This ETF is a way to capture some profit from the trends. If has lower risk but also lower reward than an individual stock JETS is upside range bound by the second upper VWAP line above it. The predictive algorithm of Luxalgo forecasts a rise to about 22 before that VWAP line rejects price into a reversal. I am shorts JETS while also shorting NCLH and going long on AAL. I expect to profit and use funds for some more frequent travel. The karma in the whole thing is that it is a closed circle. Watch travel companies including booking agents, spent money traveling get insights and then deploy capital to work those markets for profit returns to recycle the funds into more travel.
AMEX:JETSLong
by AwesomeAvani
1
LONG AIRLINES ACDVF, AC, JETS, AAL, DALTSX:AC Technical and Fundamental Reasons for going Long AC Air Canada, and AAL and JETS and DAL: We are in a tightening 3 Month range in all airline names (And even in broader markets) Given how we have come straight down from the highs, a multi week bounce with legs is likely and positioning in here would be a strong Risk / Reward entry. While DXY the dollar is set for monthly consolidation along with oil (Despite the knee jerk reaction to Israel which will likely fade. Markets are holding up well and have priced in peak rates with yields all coming down sharply after capitulating last week. While DXY OIL and Yields drop. Airlines are huge laggards (and after good selling and bad news being well priced in) it is time for major bounces. It is a highly volatile sector so a big drop the way it did warrants a big pop. With capitulation following analyst downgrades, and company outlook drops to adjust estimates for rising fuel costs and labor costs. The discounts of this bad news is very well priced in and has capitulated with huge volume climaxes Monday after the Israel situation over the weekend. As with 9/11 and Russia invasion, the knee jerk reaction last about a week, before the entire dip is re bought up. Assuming no escalation in Iran to push oil even higher, airlines will care most about earnings and forward guidance to see demand outlook for Q4 and 2024 company guidance. With DAL reporting Thursday and more coming in next few weeks, I'd expect that the reported results for Q3 are very strong, and more importantly that Q4 and 2024 outlooks won't be as bad as markets are pricing. Resulting in a swift 10-15% bounce on many airline names. Again: The bad news is very well priced in, and markets will begin to find good value for entrance pre earnings and post earnings as we are very oversold and surprised to the upside with earnings that weren't even close to as bad as markets are expecting as well as strong forward guidance. NASDAQ:AAL TSX:AC AMEX:JETS NYSE:DAL
AMEX:JETSLong
by TheIntelligentInvestor
LUV is loving the summer vacation travel LONGLUV has been in a persistent trend up for a couple of months after lackluster earnings were reported in early May with another due on July 27th. The airports have been quite busy with vacation travel and Southwest has been part of that action. On the 1H chart, price has been supported by the line two standard deviations above the mean anchored VWAP which shows persistent relative strength in a rise of over 25% over two months. Price above the POC line of the volume profile is another sign of buyer dominance. The MACD indicator show the lines in parallel and above a positive histogram. The relative volatility indicator shows sufficient volatility to support momentum trading. I will take a long trade going into earnings. I will do this with ten call options contracts with a strike at $40 expiring on July 28th. On the last trading day, this contract had a low of $ 0.36 and a high of $0.48 for a range of 33% in a single day. I expect similar price action as the earnings date approaches. I expect to pay about $480 for ten contracts and the profit expectation is 100% over the next 15 trading days.
NYSE:LUVLong
by AwesomeAvani
UAL United Airlines Pre Earnings LONGUAL has been in a persistent trend up for a couple of months after great earnings were reported in early May with another due on July 19th. The airports have been quite busy with vacation travel and UAL has been part of that action. On the 1H chart, price has been supported by the mean VWAP and has oscillated to the one standard deviation line above that. I see a target as 56.80 where the the second deviation lines above the mean aVWAP while placing a stop loss just under the blue line of one STD above VWAP. The price is below the POC line of the volume profile which should act as a magnet pulling the price higher. The MACD indicator shows 4 the lines in parallel and above the zero horizontal line with a positive histogram. The relative volatility indicator shows sufficient volatility to support momentum trading. I will take a long trade going into earnings. I will do this with ten call options contracts with a strike at $57 expiring on July 21st. On the last trading day, this contract had a low of $ 0.95 and a high of $1.32 for a range of 35% in a single day. I expect similar price action as the earnings date approaches. I expect to pay about $1320 for ten contracts and the profit expectation is 100% over the next 10 trading days.
NASDAQ:UALLong
by AwesomeAvani
2
Delta Airlines DAL Pre-Earnings PlayDAL has been ascending for two months now and has upcoming earnings. As can be seen on the 2H chart, price has been consistently above the anchored mean VWAP since June 1st. Price crossed over the POC line of the volume profile on June 26th. This is the level where the most trading volume in the time range occurred. Above that line, buyers and their buying pressure are dominant. The Zero Lag MACD shows the lines crossing and the histogram going from negative to zero. I will take a long trade considering the earnings report anticipated for July 13rd. For this, I will take a call option trade of ten contracts for the strike of $47.50 expirating 7/14th. On the last trading day, the contract had a low of $0.96 to a high of $1.54 meaning a one-day increase of 60%. I anticipate a three-day return of 100% and expect the trade to cost about $1.54 x 10 X 100 or $1540 which is also the profit expectation.
NYSE:DAL
by AwesomeAvani
4
DAL - Caught fire. Been meaning to post this chart for a while. Another example of why trying to catch the bottom is fools gold. Most of the action happens after the confirmation, after buyers show up. I have been bullish on the airlines since march and got in early around 32...when it went up to 36 and continued to go lower, I cut the position, but kept this on close watch. as it tested the 200DMA, I opened a started and kept adding as it continued to show strength. I got the full position on 06/05 on the backtest of the support. Since then, it has been on tear. Overall sector has been on fire since, but Delta and UAL are likely to do well over next few years. Likely to slow down from here to 50, and maybe pullback. No reason to guess, just continue to ride it until it stops to work.
NYSE:DALLong
by CheelooTrader