DAL trade ideas
dal shorting opportunity ....here it shows bearish momentum which perfect for shorting,logics and setup as below,
1.breakdown of trendline...
2.200ma rejection
3.supertrend showing downside momentum
always trade with stoploss... thankyou....
✈ Delta Air Lines Test Support. (DAL)💰 Man these airline stocks are in nice setups for some serious plays.
Almost identical to Boeing as we are now sitting right above the long term support green line.
If we break above the red line that we are currently under that would be a breakout attempt to go long. Break below green we look for a short.
Line up the ema dots and the Crossover strategy candles for a breach and color confirmation. Use previous break level as stoploss.
Best of luck, 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
18.6.2020 DAL - DELTA AIRLINES NEVER GIVES UP!
Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
Today we take a look at Delta airlines, which, like many other airlines, was knocked out with the arrival of COVID-19. State aid and the slow easing of restrictions have helped keep the company below its pre-pandemic price. We are in a resistance zone that will react for some time, but of course in the long run the DAL will move higher to its original values. Think about it over the monthly chart and the result will surprise you. Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
Delta Airlines Elliott Wave PerspectiveIn this video I tried to show you guys the Elliott Wave Perspective of this Stock I hope you enjoy... Feel free to commend and ask questions
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
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DAL Head and Shoulders Idea for TodayUsing the head and shoulders pattern, I put pitchforks lined up, one for each, shoulder, head shoulder.
They looked to line up for the morning, and then day. So will this last one line up for today? Let's see! It's already over the range, so it could be a flop prediction.
Disclaimer: I am no expert. I just think it is fun making predictions using what I see in the chart as interesting patterns.
Careful out there. Premarket Fakeout?Being up over 8%, more so than not, it will end the day positive. However, careful jumping on as it may drop drastically in at the start of trading.
Possibly a short squeeze that triggers loss of confidence for the day.
Using MACD 12 ,26 ,9 to predict where DAL is goingDue to the early news delta provided, it is expected that stock price would go down, however following MACD 12,26,9 I think a pattern is forming. I expect MACD line and signal to cross again and become buy somewhere between 24-26$ and that time frame might be next week Monday/Tuesday.
DAL LONG OR BUY TP UP TO $40DAL has confirmed the "SHS" model but the prices are not good enough, so it is recommended to buy investment in June.
Pattern : SHS
Buy : $31 - $32
Target : $40 (+-1)
Stop loss : $27.80
Wish you good deals!
A DAL Story IdeaJust a story I told myself. So it is more of a story than a mathematical calculation to predict the future.
growthSeems it will continue to rise sharply until it is back at its "before COVD-19" price ($50-60) then continue to slowly grow. Would never sell it, just invest more because of the good dividend payout
Delta Airlines Post COVID 19 thoughts June 2020If looked from the perspective of Fibonacci... chances are DAL prices during COVID 19 align with a 78% retrace line. Those also seem to match resistance around the initial trading values of this stock.
There is a good chance that during June and follow on months, this price will continue to grow and test the $50 price. At least from my perspective. Whether if it only tests the $50 to later come back down or just go back to previous price ranges, there may be a profit benefit here. The next months behavior really depends on what is going to happen around the Pandemic itself and associated travel restrictions. As well as how humans may fear traveling in the short term. It seems that a buy at current price range may reward with short term growth. If it happens, it can potentially be protected with a sell limit in case prices fall again.
Another strategy may be to buy and just sell with the price hits the $50 range. It'll all depend on each individual's preference: Do you want the shares for the long term (and take advantage of current bargain prices)?; Or do you want to profit with volatility?
DAL forming H&S patternThe DAL is forming H&S pattern. Watch for breakout..
Disclaimer: This is not an advice to Buy or Sell
My Analysis for DELTA AIR LINES INC, a Bullish move is startingHi Traders, I'm sharing with you my vision concerning DELTA AIR LINES INC, the downtrend has come to an end, now place for a big uptrend move , It's the start of a bullish big move , waiting for your comments and remarks guys, good luck for you all :)
Delta Airline - Technical AnalysisDelta Airline - The idea is to go long.
Wait if there will be a price return/retracement up to the trendline before buying
Delta Airlines key level on $24Delta is a buy.
Price action suggests not only having bottomed, but is already recovering.
As long as $24 holds, Delta is a buy.
Dal LongI see a buy trend here on this stock, but there is down side risk as well. Lots of posibilities to recover but i don´t know which way heading for.
DAL: Potential Short Term Bullish Reversal 1M, 1D (Jun. 01)X Force Global Analysis:
In this analysis, we take a purely technical approach to Delta Airlines (DAL), exploring signs of the stock being oversold, as well as potentially bullish reversal signals demonstrated on the monthly and daily charts.
Monthly Chart
- On the monthly chart, we have counted clear Elliott Waves
- Since 2015, Delta Airlines has been forming a bearish rising wedge pattern
- Moreover, we could spot an extended bearish divergence, with prices forming higher highs, while the indicators formed lower highs
- The Relative Strength Index (RSI) formed lower highs, as well as the Moving Averages in the Moving Average Convergence Divergence (MACD)
- Within the bearish ascending wedge, we could count Elliott Triangle Waves (ABCDE), leading to a breakdown triggered by the Corona Virus (Covid-19)
- Currently, technicals demonstrate that the stock is oversold, and under extended.
- The RSI demonstrates that DAL is at oversold regions
- The MACD shows historical bearish histograms
- However, despite the huge bearish pressure, we can also see signs of a short term potential reversal through candlestick patterns
- The current candle is forming a dragonfly doji candle, in which we see a long lower tail, and a small upper tail, with the candle close close to the open value
- Combining this with Elliott Waves, it could be said that we are in a downtrend counting Elliott Impulse waves (12345)
- This dragonfly doji candle could be the start of a short term trend reversal for wave 4
- While we have failed to break and close above the 0.618 Fibonacci retracement support, it's important to note that we have secured a historical support at $22.45
Daily Chart
- When we zoom into the daily chart, we see clearer signs of a short term bullish reversal
- We have been consolidating within a bullish descending wedge pattern after a severe drop
- Prices have broken out of the falling wedge, as we are seeing a small pullback
- We can also spot a clear bullish divergence, with lower lows on the price, and higher lows on the indicators
- The RSI demonstrates great strength, trading at neutral levels
- The MACD also shows that the trend is backed by momentum, as it creates a steady uptrend without any death crosses
- We can spot a lot of gaps ranging from $20 up to $56
- Despite the high trading volume, the current range starting from the drop was extremely choppy
What We Believe
Combining the evidence suggested in the daily chart with the analysis of the monthly chart, a probable case would be a further rally up filling the upper gaps at $30 ranges, completing wave 4 on the monthly. From that point, we could see further correction, filling the gaps located below the current price, before we see a mid-term trend reversal leading to a bullish rally to fill the gaps above. While it's important to also take into consideration the fact that Delta Airline's fundamentals have also been heavily affected by Covid-19, technical demonstrate a high probability for a short term bullish trend reversal.
Trade Safe.
Short from down trend and risk off for stocks acc. trade warShort from down trend and risk off for stocks acc. trade war
