Delta Air Lines (NYSE: $DAL) Set For Upwards Rally! ✈️Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.
DAL
DAL, We need signal to take positionHello guys
According to the chart you can see the price is moving downward trend and it has need more correction to have good R/r then we have permission to take short position until the target.
You should take signal at first then dont forget use stop loss and observe to your capital management.
Take a look on volume guys dont forget to check it, And dont forget to risk free and manage your position.
Everything is shown on chart, If you have question send us messages
Good Luck
Abtin
Delta Airlines Gap FillLooking at the current state of the market, world events, increasing of oil and precious metals, the overall market looks like it wants to continue a downtrend.
There's a gap set on May 22 and May 26, 2020 that has yet to be filled. The potential bear market can bring Delta towards that gap to fill it, then back up to fill other gaps above.
Let me know what everyone thinks!
Technical analysis update: JETS (8th February 2022)The airlines sector has been strongly impacted during the Covid 19 crisis which resulted in slump of most aviation related stocks. Over the past two years, this sector has been lagging behind the rest of the economy as a result of persisting lockdowns, travel restrictions and other health related mandates. Although, some countries such as Italy, Great Britain, Denmark, Norway and Switzerland are already seeing restrictions on social life being eased. We expect this phenomenon to continue globally and strengthen over time as the Omicron variant poses lower health risk when compared to previous strains of the virus. We view this as a very positive development for the airline sector and as one that will bring air travel back to life over time. Additionally, we think this will act as a catalyst which will result in a revival of the bullish trend. At the moment, the JETS ETF remains approximately 36% below its all time high value which is attractive pricing in our opinion. Further, we are becoming increasingly bullish on the JETS ETF; because of that we would like to set a short-term price target to 23 USD and medium-term price target to 25 USD. Additionally, we would like to set a long-term price target to 30 USD.
Illustration 1.01
Illustration above shows the weekly chart of combined market cap of AAL+DAL+LUV+BA. It is 45% below its all time high value from February 2019.
Illustration 1.02
Illustration above shows the weekly chart of combined market cap of LHA+AF+RYAAY. It is approximately 17% below its all time high value from November 2017.
Technical analysis - daily time frame
RSI is bullish. MACD is due to perform a bullish crossover which strongly bolsters the bullish case for JETS. Stochastic is bullish too. DM+ and DM- show bullish conditions in the market. However, ADX contains low value which suggests that the prevailing trend is either neutral or very weak.
Illustration 1.03
Picture above shows the daily chart of JETS. It also shows the downward moving channel where upper bound acts as resistance and lower bound as support. We expect an eventual breakout above the resistance. Breakout setup for this trade would involve entry above the resistance and stop-loss below it.
Technical analysis - weekly time frame
RSI is bullish. MACD remains in the bearish area; though, it is flat and trying to turn to the upside. Stochastic is neutral. DM+ and DM- are bearish with ADX showing presence of weak or neutral trend.
Support and resistance
Resistance 1 lies at 22.94 USD and Resistance 2 at 25.20 USD. Resistance 3 sits at 28.98 USD. Support 1 can be found at 19.28 USD.
Please feel free to express your own ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering trade.
Airlines landing once again?!Pandemic + jet fuel prices + selling pressure will take a toll on the airlines!
In these weekly charts, it is clear that major airlines already are in a Downward channel, and they will retest their previous supports which could be another 10-15% correction in the coming weeks!
You can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Low risk entry!Entry: 39.70
Stop loss: 38.88
Reward/Risk: 6.95
Target range: 45.40
Time Frame: 4wks
Possible gain: 14.36%
Possible loss: 2.07%
Position size: 5% of trading capital
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Airlines have buyers at these prices!Looking at the trading volume you can see all Major airlines traded with above the average volume at these prices!
I think in the next 4-6 weeks they have the potential to gain +10%!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Airlines landing once again!On November 1st, 2021 I published an analysis for major Airlines, they experienced a +10% gain and start landing again!
And then I perfectly call the resistance:
they could become a long opportunity near their support lines!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Longterm outlook green for Delta Air. DALA canary in the coalmine of the COviD-19 mania going away soon? We do not know. All we are concerned with is mass psychology, because that is the true drive behind any market action. Not the whims of a politician, not the machinations of the beam counters or the outright fakes by marketing. In analyzing markets, the old adage of "Perception is reality" begins to ring true. And because mass psychology is separate to individual's psychology, it repeats itself again and again in patterns that have been well documented. This means that we at Rykin Capital can and will continue generating profits.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Airlines have just find their supports!Most airlines' stocks reacted to their support level and some of them have just broken above the downward trend line..!
It seems Delta and United could perform better than others if there is a relief rally..!
A relief rally is a respite from a broader market sell-off that results in temporarily higher securities prices. Relief rallies often occur when anticipated negative news winds up being positive or less severe than expected. (Investopedia)
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
DAL - Delta AirLinesNYSE:DAL
Idea is simple:
Long position when triggered $39.5 (trend changing extremum). You might also wait for closing 4h higher than $39.5 but that stock tends to fly XD
Stop - $38.8 (-1.8% risk)
Profit - first take $41.8 (5.9% upside) - 50% of the position close
second take $44 (11.2% upside) - 50% of the position close
Profit/Risk - 5.9/1,8 = 3.3 for 1st take and 11.2/1.8 = 6.2 for 2nd take
Feel free to comment / add a feedback
Looking for positive Delta on DALIn my livestream last Friday I talked about how I like the stock Delta NYSE:DAL . I like the company because any time I fly this company is going to be my choice. It's properly priced for its value compared to other airlines. Granted, there are unique risks that airlines face such as fuel costs and accidents but people will always need to travel from A to B.
I would not enter a trade without a technical setup and risk definition. The level DAL is holding represents both a long term Retracement from the 2020 crash and a short term Retracement from the Q4 2020 bull trend. The short term consolidation creates lows that must hold to remain a valid bullish trade.
I took both shares and options (Feb 2022 48 Calls) to express this trade.
$DAL Analysis & Key levels$DAL Analysis & Key levels
Still in an overall down-trend but looking good for some day or short swing trading.
Sitting slightly above a longer support
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I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support and key levels…
Red = Key levels
Green = resistance
Blue = trendlines
Have fun, y’all!!
🟢 $DAL Target 51.21 for 21.87% (Risk Level - LOWER MED)🟢 $DAL Target 51.21 for 21.87% (Risk Level - LOWER MED)
Next add at 37.50
Or double position at 32.83
I posted this one yesterday but they I got the dreaded 24 hr TV flag restriction 😬 I couldn't chat either 🤣... haha... it's ok...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers with a D are places where you should double your position.
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.