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DELTA AIR LINES INC CEDEAR EACH 8 REPR 1 ORD UNSPONDELTA AIR LINES INC CEDEAR EACH 8 REPR 1 ORD UNSPONDELTA AIR LINES INC CEDEAR EACH 8 REPR 1 ORD UNSPON

DELTA AIR LINES INC CEDEAR EACH 8 REPR 1 ORD UNSPON

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DALD trade ideas

DAL bullish flag above previous resistanceDAL had been a great trending stock for a couple of years but the 2014 correction was extremely deep (by the standards of this stock). More recently the June 2014 high was broken but price remained fairly indecisive just above it for a few weeks. Staying above the previous resistance, however, is far superior to dipping below, so this was the first suggestion that the uptrend could resume. The breakout on 28th November did not hold, followed by another on 5th December which also resulted in a small pullback. Yesterday's bar was far more convincing - a larger, bullish candle on higher volume confirmed the flag formation. But with the $50 half-figure approaching I will hold off on DAL for now (plus I'm already in LUV, another airline).
NYSE:DALLong
by iAnneTrader
DAL Long - Consolidating Flag (Bull); Risk:Reward > 10:1The idea here isn't very difficult to understand. DAL has made a run up from $35.51 on August 8th, where we saw a bounce off the 150EMA, a personal favorite area to get long for me, especially looking at the weekly chart for this. Anyways, from the top down: 1) Bullish RSI Holding 60 Support 2) Established Uptrend - Long Term 3) Bounce off 150 EMA 4) Long $4.46 move straight up through all EMA(8/21/50), through resistance, and consolidating above. 5) Broken Downtrend 6)Weekly Uptrend Is Beautiful - Right At EMAs (8/21) (My Screen Is Too Small To Pull Up Both Simultaneously) Cons: 1) MACD Is Positive 2) Momentum Tapering As We Consolidate I like the chart, and like what I see. I'm getting long here. Possibly with a covered call, but maybe something else. Not sure what other plays are available with such low volatility, but the verticals and diagonals are getting old.
NYSE:DALLong
by TheProfitcy
DAL Long - Bull Flag ConsolidationThe idea here isn't very difficult to understand. DAL has made a run up from $35.51 on August 8th, where we saw a bounce off the 150EMA, a personal favorite area to get long for me, especially looking at the weekly chart for this. Anyways, from the top down: 1) Bullish RSI Holding 60 Support 2) Established Uptrend - Long Term 3) Bounce off 150 EMA 4) Long $4.46 move straight up through all EMA(8/21/50), through resistance, and consolidating above. 5) Broken Downtrend 6)Weekly Uptrend Is Beautiful - Right At EMAs (8/21) (My Screen Is Too Small To Pull Up Both Simultaneously) Cons: 1) MACD Is Positive 2) Momentum Tapering As We Consolidate I like the chart, and like what I see. I'm getting long here. Possibly with a covered call, but maybe something else. Not sure what other plays are available with such low volatility, but the verticals and diagonals are getting old.
NYSE:DALLong
by TheProfitcy
Dela Airlines - Double bottom at valueThe weekly chart of Delta stands at value The volume during this decline is a warning signal, but we have to keep in mind Iraq and Oil price fluctuations. The daily has a double bottom with a divergence, my favorite signal. Due to the big gap up, the risk reward isn't that great, so personally I'm not going to take this trade, but I thought I should publish it anyway, cause I like Delta. Weis Wave shows huge effort, little reward, another bullish signal.
NYSE:DALLong
by vlad.adrian
Delta Airlines - DAL - Downtrend - Failing at Key Hidden SupportNotice how well DAL acts around the "key hidden levels" from earnings release. I highlighted in red circles where there were many key trade setups on a retracement to the green lines, which I call "key hidden levels". What I see happening here is DAL is potentially failing to hold key support at 35.80 that has been tested twice already in the July selloff: first on a major gap down (where I had suggested to cover shorts) and again two days later. DAL looks ready to move lower to 32 where I see it taking several attempts to bounce off of it. I view risk as a stop at $37 and a re-short at $38.40 strong resistance. Look to cover at $32.50-$32 over the course of August. Note that Gambling stocks are moving lower and airline stocks often follow Gambling stocks, with a lag. Tim 11:23PM EST 8/7/2014 35.61 last DAL ***Subscribe to "KEY HIDDEN LEVELS" in the "indicators: marketplace add-ons" window to have the earnings triangles and support/resistance lines plot automatically.
NYSE:DALShort
by timwest
Delta Airlines - DAL - Daily - Top formation - Trend DownVolatility the last 2 days in DAL makes it look risky to short DAL here, but the "range movement" made a two-month low. We can wait for an overbought reading to sell short OR sell short some here and some on a little rally. Leave some to sell short on a decline under the current lows AFTER a bounce. Looking for 10% to 15% down in DAL. Tim 38.17 -2.14 last FWIW - I haven't been all that accurate in DAL - but maybe I am due.
NYSE:DALShort
by timwest
4
Delta Airlines - Corrective double bottomI see this pattern way too many times in different financial instruments, but no one ever gave it a name. It is one of the best patterns in the system I use, it might actually be the best. I call it a corrective double bottom because it is a double bottom after a small correction in an uptrend. Price usually soars after a pattern like this, the double bottom acts like a launching deck. I have observed that the opposite, that being a double top after a small rally in a downtrend doesn't have the same accuracy, but this thought has no testing behind it, it's just an opinion. You can see that at 38$ price formed a double bottom, after a very fast correction because of the tensions in Iraq, more specific the increase in oil prices because terrorists seized control of different raffineries in the country. Price retested this level, and went a bit below the previous swing low (that being stop hunting) as you can see in the 4H chart. The two FIs show bullish divergence, and MACD histogram is rising. This is a very usual pattern for Delta. At a point it is going to fail, but until then, it gets the benefit of the doubt. First target at 42.50$, but usually price goes way over the last swing high, look back if you're not convinced. Also, check out my previous chart on Delta, where I outlined previous patterns. The four hour chart looks even better, and explains better why I think Delta is going to rise
NYSE:DALLong
by vlad.adrian
DAL completing an ABCD patternPrice of oil spike, DAL completing an ABCD pattern, where suspect Bollinger band and bottom trend line of channel meet and have lunch. But where they have lunch depends on who is picking up the tab, the US in Baghdad, or Iran in Kuwait? If the US does not prevent the spread of ISIS through Baghdad, which not sure if Iran or the US really cares about that, neither Iran nor US will let them get that far South where the real oil is and the export terminal. The question is the timing of it all, and how high the price of oil gets before one or the other steps in to calm the sees and take control. Problem is, if the US in ineffective, and Iran takes control at any point, they are Shiite brothers of the current Iraq government, price of oil continues to rise, because US will be vulnerable to Iran at that point for that oil, not good.
NYSE:DALShort
by claydoctor
Delta DAL Daily Double-Euphoria Pattern creates a low-risk shortDelta's wonderful earnings, stock buyback announcement and dividend increase has bulls feeling very comfortable, but the chart is showing that the IWM is pointing down and in a corrective phase. This performance difference has brought about a wide disparity in the price of DAL versus the IWM. DAL could just hold onto these prices and IWM could rebound to catch back up to DAL. I don't know which will happen, but I like my odds here. There seems to be a low-risk trade here now that DAL is below 38 (signaling that it is rolling over) and that IWM has fallen back to multi-month lows under 108. It takes awhile to get comfortable with pairs trades. Follow this one. I put some older examples of pairs trades below for reference. Tim 12:12PM EST 5/15/2014
NYSE:DALShort
by timwest
Trader thinks DAL can trade through its 52 Week HighDelta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. Today a trader bought over 2,000 5.9.2014 37 Calls for $.74. This gives the buyer of the Calls, the right but not obligation to buy 200,000 shares of stock at $37 between now and next week and they paid a Cash Outlay of $150,000. With recent sell-offs in UAL and AAL, I thought that this was a goos risk vs reward trader, so I bought these Calls as well. Lets breakdown my trader. The Trade: I bought the DAL 5.9.2014 37 Calls for $.74 debit Risk: $74 per 1 lot Reward: Unlimited Targets: $.85, $1.00, $1.20 and $1.40 Greeks of this Trade: Delta: Long Gamma: Long Theta: Short Vega: Long
NYSE:DALLong
by KeeneOnMarket
Trader Nets a $432,000 Profit Overnight in DAL Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. Its route network comprises various gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis. Yesterday we saw a trader bought 9,156 DAL June 34 Calls for $1.26, so I knew it was the time to get LONG DAL. Today when Delta rallied more than a $1.20, the trader sold ALL of their Calls for $1.75 and netting that trader almost $500,000 Profits within 24 hours. Lets breakdown how they did this and how I made over $5,800 Profits in DAL 9,000 * $1.75-$1.26 *100= $435,000 Profits I bought 150 DAL June 34 Calls at $1.26, I sold 37 at $1.45, 37 at $1.65, 37 at $1.85 and the balance of 39 at $1.73 netting over $5,8000 Overnight I have no position now in DAL
NYSE:DAL
by KeeneOnMarket