looking for a dip to support now ✅dal rejected at local resistance zone, look for a dip to 37.5-38.5 in the near future. like and follow for more 💘Shortby Vibranium_CapitalPublished 161625
Delta Air Lines earnings are tomorrow at 7:25amDelta Air Lines (DAL) Q4 December 2021 earnings are tomorrow 1/13 at 7:25am. Delta Air Lines (DAL) reported Q3 September 2021 earnings of $0.30 per share on revenue of $9.2 billion. Q3 marked an important milestone in airline recovery, with DAL first quarterly profit since the start of the pandemic. The company said it expects Q4 revenue of approximately $8.29 billion. Tomorrow's guidance will be important as far as fuel prices & Omicron impact. Here's levels on the 1-day chart: Q4 December 2021 Consensus: EPS = $0.14 Revenue = $9.14B 52 week high = $52.28 52 week low = $33.40 SMA200 = $42.40 SMA150 = $40.92 SMA100 = $40.35 SMA50 = $39.45 breakout = $46.19 R3 = $44.77 R2 = $43.35 R1 = $41.93 pivot = $40.51 S1 = $39.10 S2 = $37.68 S3 = $36.26 breakdown = $34.84 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification www.tradingview.com by Options360Updated 2
What will next airline earnings reveal?For the many who have bought up airline stocks, it might be time to take profits, or at least have stop losses in place. I see two signs that Delta's stock will move lower post-earnings 1) At the start of Oct. and Nov. price went over the resistance line and prompted weeks of selling. These were bull traps. 2) On the daily chart, RSI dipped below 33.33 and then reversed under 66.66. This should lead to RSI below 50 and lower prices.Shortby OptionsRisingUpdated 10101
$DAL 100 day sma play...Sitting on top of the 100 day sma, has earnings on the 13th, seems like this could be played pretty well here simply as earnings anticipation, close before if needed or sell same week calls. 1/21 $45 call at $0.19by UnknownUnicorn3924154Published 1
DAL Short setup at daily double topDAL has a good short setup at the daily double top 39.89. Stop is close by at 40.00 and quick profit taken at 39.00Shortby OriginalDuvalPublished 110
DALDAL sitting right at support. We could see it bounce from this level and go test the 36.82 level. If it breaks support then it will head to 33 level.by pravenmoorthyPublished 0
DALDAL after a strong bounce has made a retracement to the golden pocket. It ended the day with bullish candle. An intraday cross above the 36.80 and a retest can confirm the reversal. If it takes out todays low then DAL will most likely go lower to fill the open gap below around 32.Longby pravenmoorthyPublished 0
Short setup for DALNice bull volume on the daily with a clear double top at 37.35. Great short setup with a tight stop before the gap fill. If the gap does fill above 37.35 there is another clear short entry at 38.89.Shortby OriginalDuvalPublished 0
$DAL 16% Profit for 16 days? Not bad. #nakedput #daytradingDealta Airlines correction, playing out with naked put option. Reasons: - high reward for next monthly expiry (mangeable with rolling) -> collecting credit - breakeven point is far - RSI is oversold. Max profit: $92 Probability of 50%Profit: 78% Profit Target relative to my Buying Power: 16% Req. Buy Power: $558 (max loss without management before expiry, no way to let this happen!) Tasty IVR: 96 (very high) Expiry: 16 days SETUP: NAKED PUT for $DAL, because IVR is high, for 0.92cr * Sell 1 DAL DEC17'32 PUT Management : ROLLING if daily candle is closing below of BE. Take profit strategy: 50% of max.profit in this case with auto buy order at 0.46db Of course I'll not wait until expiry in any case! If you liked this article, check my other ideas. Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !Longby TanukiTradeUpdated 2
dal very interestingdal on an important point and let's see about this move Longby matancrdPublished 331
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. Longby MoshkelgoshaPublished 3319
DALDAL at the area of support. After many days of decline for the first time DAL is having a positive base on the delta indicator. We could potentially see it start forming a base and start trending higher.Longby pravenmoorthyPublished 2
dal after corona now is the time to flydal can make big profit after the corona finish and we have the pill from merk and pfe just idea not adviceLongby matancrdUpdated 333
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!Longby Rykin_CapitalPublished 222
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. Longby MoshkelgoshaUpdated 6622
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 feedbackLongby blablaman757Updated 223
DAL - daily chart DAL on the daily Recommendation time is about 3 months Buy 39.12.2019 First target 44.58 / 14.28% Second target 47.54 / 21.65% Stop losses at the daily close below 37.30 / 4.50% - Please take the stop loss seriously and activate it as soon as it is achievedLongby Harmonic.TradersPublished 5
Attention! Put you seatbelt on...Simple analysis... History is repeating itself... Double top forming indicating a downtrend. Plus, harmonic bearish patterns forming on the weekly chart. Better stocks out there.Not feeling confident about DAL right now.. Safe trading.. NFA Mahalo!Shortby SylviesurfPublished 10101
DAL 6 month upside All positive on the DAL front with 2x revenue growth and positive earnings surprises. Recent fluxes likely media and sentiment driven, but fundamentals here are sound for a huge ROI in a rapidly recovering sector. Longby Elkinthewoods1Updated 2
Delta Air Lines Inc (DAL)Delta Air Lines Inc (DAL) Possible Short Target with a 3% gain on the weekly/daily chart is $46.70 by Zinik909Published 2
Where should I put my Money? Part 1The S&P 500 was down almost 3% yesterday! Big name stocks are falling, and it seems like there is no good stocks to run to. Well, the airline industry might actually be the best place. In march 2021, they started to peak and took a 15% correction. Now, rising rates could actually be good for them. This is because rising rates show a sign of economic demand or growth, and obviously this is great for airlines. Oil is also reaching new highs, which could show that the airlines are going to be flying a lot. Technically, Delta airlines just broke out of a falling wedge they were in, followed by a rising RSI, which shows momentum. Yesterday, when the average 500 largest companies were down almost 2-3%. Delta airlines outperformed, and only went down .5%. This is the sector you want to be in. ThanksLongby SmartVestPublished 3
Education excerpt: Classic Chart FormationsIntroduction The part of technical analysis studies chart patterns. Rationale behind this practice is that chart patterns have fractal nature which represents ability of a trend to act similarly over different time periods. Chart patterns are basically configuration of price that is bounded above and below. Boundaries are commonly derived either from a line or a curve. Lines, for example, can be represented by simple horizontal lines or trend lines. Curve, on the other hand, is rather reminiscent of an arc or a bow in its shape. Boundaries in chart patterns can often act as support or resistance. All chart patterns have their development stages. There is first stage which describes the trend preceding the formation and then there is second stage which usually triggers the signal for action. In the first stage of pattern formation analyst merely observes price action and waits for signal to be triggered. This stage can also be called setup. The second stage then begins with signal being triggered. Trigger can, for example, come in a form of a crossover (by indicator, price, etc.) or breakout. In this stage analyst takes action and either enters or exits the market. Entry can be placed from above or from below. Similarly, exit can be downward or upward. The variables of entries and exits are statistically important because some combinations of entries and exits tend to produce better results than other combinations of entries and exits. The chart patterns can be subdivided in two groups: continuation patterns and reversal patterns. Continuation patterns are associated with continuation of trend that was present prior to the formation of a continuation pattern. On the other hand, reversal patterns are associated with reversal of trend that was in place prior to the formation of a reversal pattern. Double Top and Double Bottom Double top and double bottom formation is very simple pattern that is well known to many professional and retail traders. It consists of three reversal points. For double top these reversal points are: two peaks and one trough. Opposite to that, for double bottom formation reversal points are: two troughs and one peak. Price enters double top formation from below and double bottom formation from above. Peaks in double top and troughs in double bottom should not be apart from each other’s price level more than 5%. Double top and double bottom normally forms over two to six weeks. If formation takes longer then it starts becoming less reliable. Double top is valid only when point separating two peaks was penetrated. Similarly, double bottom is valid only when point isolating two troughs was penetrated. Illustration 1.01 Picture above depicts graph of General Motors stock on daily timeframe. It is observable that price touched resistance line twice before reversing to the downside. Rectangle Rectangle is simple pattern that is bound by two horizontal lines that are parallel to each other. These lines acting as boundaries are called: support and resistance. Each boundary must also be a trend line. That means it must touch approximately same price reversal level at least twice. This particular requirement is what separates it from a double bottom or a double top formation. Price tends to oscillate between two bounds in the rectangle pattern. Then trigger comes in a form of breakout above resistance or below support. Illustration 1.02 Picture above depicts graph of Pepsico stock on daily timeframe. It is observable that price action is sideways in this example. Price oscillates between resistance and support lines with occasional false breakouts below support. Triple Top and Triple Bottom The triple top and bottom pattern is bounded by horizontal line similarly like double top and bottom formation. However, this pattern differs from double formation in that it has three touches to the support or resistance line instead of just two touches. Triple top and bottom tends to occur with lower frequency in comparison to the rectangle and double formation. In triple top each peak should be roughly at the same level and each peak should have similar shape. Confirmation for triple top comes once troughs are penetrated to the upside. Triple bottom is basically mirror image of triple top and confirmation comes once breakout above peaks takes place. Pullbacks are very common for this formation and they tend to reduce breakout potential. Standard Triangle Triangle pattern is bounded by two lines that are crossing each other when they are extended to the future. Triangle pattern has its base and apex. Point of collision between two lines is called apex while base is basically a distance between the first high reversal point and the first low reversal point within triangle pattern. This pattern should consist of least two touches to the support line and another two touches to the resistance line. Standard triangle can be either symmetrical or ascending, or descending. Symmetrical triangle is considered to be continuation pattern while ascending and descending triangle is mostly regarded as reversal pattern. In symmetrical triangle both boundaries are at slope. In ascending triangle only lower bound is at slope while upper bound is horizontal. Contrary to that, in descending triangle upper boundary is at slope and lower bound is horizontal. These patterns are validated once breakout above or below boundary takes place. Another form of confirmation comes when breakout from an apex of triangle occurs. Illustration 1.03 Picture above shows daily graph of TSLA stock. Formation of symmetrical triangle is observable. Diamond top Diamond top formation is rare broadening pattern that is very difficult to observe. It combines two triangles and can be imagined as mirror image of triangle pattern followed by triangle pattern. Price range increases and then decreases throughout this formation. Wedge A wedge pattern is simply a triangle pattern with both trend lines being at slope and pointing to the same direction. There are two types of wedges: a rising wedge and a declining wedge. A rising wedge consists of trend lines that point upwards while declining wedge contains trend lines that point downwards. Illustration 1.04 Illustration above shows daily graph of DAL stock. It is visible that confirmation came after breakout above upper bound. After that price continued to rise. This pattern is very bullish once confirmation occurs. Rounding Top and Rounding Bottom Rounding top and bottom patterns are longer term formations that are bounded rather by an arc than horizontal line. Rounding of the pattern usually spans over long time and it tends to contain short term trends within its formation. Another interchangeable name for these formations is: saucer or bowl, or cup. There is also variation of this pattern that develops over shorter period of time and it is called scallop. Volume in rounding top tends to gradually increase as price increases towards the peak of the formation. Then it tends to fall as price decreases from the peak. Similarly, in rounding bottom volume tends to decrease as price is approaching a low. After that volume tends to increase as price starts to rise from a low. Head and shoulders Head and shoulder pattern is one of the most famous chart patterns with statistical significance and very high profitability. It is complex pattern that combines trend lines, support or resistance lines, and rounding. Head and shoulders pattern is normally preceded by uptrend while inverted head and shoulder formation is preceded by downtrend. This pattern is considered to be reversal pattern where head and shoulders is topping formation and inverted head and shoulders is bottoming formation. Pattern's structure consists of head, shoulders and neckline. Head is either high in topping formation or low in the bottoming formation. Neckline in topping pattern is simply trend line which connects two troughs that separate head and shoulders. In bottoming formation neckline connects two peaks that separate head and shoulders. Illustration 1.05 Picture above shows daily graph of Pepsico stock. Inverted head and shoulders pattern is obsrvable bottoming head and shoulder pattern is formed by three troughs. The second trough must belower than the first and the third trough. The first trough is called left shoulder and third trough is called right shoulder. Middle trough is called head. Shoulders do not have to be the same height. Because of that neckline can be at slope in head and shoulder formation. Confirmation in this pattern comes once neckline is penetrated. Disclaimer: This content is just an excerpt from full document that will be available later with full range of illustrations and more detail. Purpose of this content is education.Educationby TradersweeklyUpdated 8817