DEAI34 trade ideas
Inverse Head and ShouldersLong entry (LE) is when price breaks the resistance of the neckline with a strong uptrend
Possible T2 59.2 to 65.6
Possible stop below 30.10
Monday travel stocks gapped up. Seems most are filling their gaps and have pulled back
Just an observation
Often easier to look through the rearview mirror than the front windhield (o:
DAL IS COMING BACKA big breakout and retest from trend line. Expected to go higher in the next few months.
$DAL$DAL Made a Cup & Handle Pattern and symmetrical triangle breakout both in the daily and weekly chart.
eh theres better optionsDAL be careful here. we all know they are making no money right now and laying off. the chart shows it. for now id focus more on puts if the bottom trendline breaks. if you are long DONT do calls. add shares with a tight stoploss. leave a like if you found this helpful <3
DAL - Elliottwave analysis - Swing set up - Bear caseDAL - It is in Y wave down within WXY correction down. The X wave was triangle and seems its over, but it will confirm, once price break down below 27.89 level. It is a sell set up at current level with stop level above 34.02 for target below 28 or even lower. It is under performing the SPX, which is added benefit to the trade set up. As alternate count, it can extend the E wave in further triangle, so if price doesn't fall soon then there will be extension within correction, so stay small initially in trade and add more after confirming down cycle.
Give thumbs up if you really like the trade idea.
Delta Air lines Inc. LONG📈 NYSE:DAL LONG H4
🛒BUY above = 31.43
🎯Target1 = 32.54
🎯Target2 = 33.23
🛑Trailing Stop loss = 29.62
❌Cancel trade and open reverse trade = 29.62
🙈Recommended risk = 1-2%
DAL TradeWatching 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
Bears are up now Yesterday , delta airlines had broken out of penent to take a bearish move , also macd is on overbought level crossing over 80 which is a beautiful confirmation , get ready bears 🤟🏻
$DAL wedge breakdownTicker: $DAL Daily Chart
- $DAL not looking too hot here... we have been forming a symmetrical wedge since back in February, ultimately breaking it to he downside
- Should we take out the swing low of 28, watch for 24. If not we will retest the wedge breakout level
Strong supportWe are getting strong support at 31.6 - 32 level which could result in atleast 50% retracement to the last move downward . Lower pink horizontal line is of 50% retracement level amd upper is for 63% retracement level according to gann's retracement rule
$DAL Delta Airlines. Bumpy ride, but trend since May is in tactFor those with a longer term view. Long.
Delta Bearish outlook after disappointing Earnings$DAL is currently trading on the lower boundary of the projected PEAD cone with the latter predicting a bearish outlook for the coming period.
DELTA AIR LINES INC. LONG📈 NYSE:DAL LONG H4
🛒BUY above = 33.30
🎯Target1 = 34.80
🎯Target2 = 35.70
🛑Stop loss or cancel trade = 30.90
🙈Recommended risk = (2%-3%)
$DAL Delta Airlines Pre Earnings Analysis
Potential Long entry on the back of earnings tomorrow if
commentary is any way encouraging.
Major resistance sits at $34.67-
-Fibonacci .382 level
-200 Moving Average
-Sloping Downtrend
Alert set for $35.00 .
This could be a massive week for the airlines and BA
DAL Swing AnalysisBroke through Fib 0.618 and Running through 5th Elliot Wave to catch $34 or $36.51
Delta TurbulenceRecovery will be turbulent as Trump batted down the stimulus. Hurricane Delta is also coming in from the coast. Delta planes cannot fly in Delta Hurricane especially when Trump snipped the wings. Planes will be grounded until late November indefinitely. Apologies for the delay.
Our Stock of the day / DALToday, we have a short setup to share. Here we will give you a full explanation of what we expect
a) First we want to see the Weekly chart: We can see a major resistance level
b) Working from that level, we can go to the 1H chart. Here we can see a range with an inner zone ( Minor support zone / the expected target for the bearish movement)
c) Inside the Range, we can see a broken ascending trendline + corrective structure making a pullback on that broken structure
d) The corrective structure is composed of an ABC pattern. From a technical perspective, the structure is finished and is ready to trade
e) We have set our Entry orders below B and our Stop above C. Our Break Even level is defined with a horizontal yellow line. Finally, our Take profit is the Minor support zone
f) The risk Reward Ratio of this setup is 1.54
g) We will use 1% of our capital as maximum risk on this setup
h) We will cancel the setup if the price keeps rising and we lose our Risk Reward Ratio above 1.5
i) REMEMBER: Trade safe, protect your capital, and always understand what you are doing.
