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Delta Air Lines, Inc.

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DAL trade ideas

Mr. Wonderful KnewThis idea is a study of the top 4 US Airlines compared to inflation rates. I still vividly remember the day I decided to learn about markets and economics. It was the Friday after markets closed on January 29th, 2021 and Kevin O’Leary (Mr. Wonderful) was on CNBC debating the so called reddit short squeeze of gamestop with MA Sec of State William Galvin. With Mr. Wonderful as a template I followed his investment ideas. In March of 2021, O’Leary was on CNBC again, this time explaining why investors should be short airlines. That was at the Head in this head and shoulder pattern forming on US airlines. O’Leary was shorting Airlines because he believes the office and business paradigm shifted to virtual so seamlessly during covid that in the future, businesses will not justify flying to see clients for business meetings when everything can be done virtual saving all the costs. His short idea was coming during extreme Quantitative Easing from the FED and Airlines were rallying with every other equity in the markets. But in the end he was right. Since March 2021 to the neckline of my ideas H&S, US airlines are down 45% in 1 year. So why is inflation such a strong indication of what airline prices will do? Because ~50% of Americans will stop paying for air travel as the first cost saving measure in hard economic times. Inflation has been trending higher for over 15 years in a diverging pattern towards the 100Y trend of 3.52 inflation year over year. My speculative outlook on airlines is short for the foreseeable future until inflation makes it down to the feds target of 2%. Expect economy airlines like LUV to perform better than the other traditional airlines during this time as passengers look for the best deals. If you like this idea, hit the boost and bookmark the idea for future updates. I plan to add my options strategies for the short and provide monthly CPI updates
NYSE:DALShort
by SPYvsGME
3
DELTA AIR LINES -BUY OPPORTUNITYDelta Airlines Inc is still in a downtrend that started more than two years ago. The breakout of the support level was not successful, and the price is now heading to the resistance level, giving us a good buy opportunity into the price channel, with a good risk-reward ratio. The next target is located at $ 40 which is located at the 0.5 Fibo crossed with the major resistance Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:DALLong
by legacyFXofficial
Delta triangles guide price actionNYSE:DAL Testing Twitter integration. Looking for feedback on the symmetrical wedge pattern similar to the historical example. If the pattern repeats, it appears to be a reduction of volatility until some time near the funnel when a breakout may occur with significant velocity. The direction in the past was positive, but I suspect this version may have a negative skew derived from the negative sentiment in the overall economy. Now there is too much demand for airlines to satisfy but the prevailing sentiment is that demand will soon cool significantly from the Fed raising rates and the consumer tightening their disgressionary and travel budget.
NYSE:DALShort
by MarketFund2k
DAL 46.64 ShortFundamental Analysis With Airlines getting business back up and running in a slow fashion, the Airline industry as a whole has to return back to profitability. However it looks like investor confidence is still not bullish, and DAL isn't an exception to this case. For the short-run, there is still a bearish outlook for the industry considering the consistent Covid variants causing havoc. Technical Analysis Price volatility since last year month-to-month. Price is in a downtrend at resistance level of 46.64. Widening channel with no breakout creating lower lows in the price without higher highs. This is a bearish trend in the near term. MACD is flat near the zero line. RSI level at 51.80. A breakout here can signal a potential upward momentum, however confirmation with a breakout at 46.46 is also needed. Stochastics showing mixed readings so it's not valid. Fibonacci retracements showing lows have retraced to 23.6 while resistance at 61.8 level has remained steady. Candlesticks showing that every time there has been a push to the upside, a doji star has confirmed a reversal on several occassions.
NYSE:DALShort
by ashpat86
Stock Analysis: DALBig Picture Price action has been climbing off the lower low of March 7th; currently in sideways consolidation with a series of large bullish engulfing candles. Price action has run into our 42.71 resistance area. Price needs to break above the Feb 14th high to make a higher high. As we breakdown the price action layers we see that the price ran into our supply area after a series of two gaps. I would be expecting some retracement back towards the 41.50 - 41.00 based on the psychology of the candles. 38.68 would be the ideal downside target and that would also close some of the recent gaps; however leaving one open around the 33 area. Could be setting up for some short positions. Despite the economy opening up and the mass assumption that 'demand' will be of major significance it throws caution to the wind that 'some' may decide to utilize other means of transportation; especially with the continuous rounds of flight delays and cancellations due to staffing shortages, hours of waiting on the phone to speak to someone, inflation continuing to climb, and incomes being tested with everything around them slowly eating into their buying power. This may also cause some families to put off vacations in general to a later time or reduce the duration of travels, etc. There could be some shorting opportunities on both intraday and swing day outlooks within the ranges above; feel free to annotate your charts Distance between Price and Moving Averages: SMA20 11.02% SMA50 9.91% SMA200 6.18%
NYSE:DALShort
by bsdvs23
13