DAL: Falling WedgeDAL: Falling Wedge
TP 1 = 30.70
TP 2 = 32
TP 3 = 33.35
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DAL trade ideas
$DAL Delta Airlines Look out for a breakDelta airlines looks like it is set up for a challenge of 30.70. A break of that level could indicate that a target of 37.00 might be next. Wait for the break.
ABC BullishPossible stop under 24.35
Hypothetical T2: 49 to 56
This pattern is only valid when price hits break out level in a confirmed uptrend
Not a recommendation
DELTA AIRLINEHave been looking at airline stocks for a while now;
If we look at the technical analysis, it is reaching a key support level on the 1H timeframe however if we look closer at the 15M timeframe, we should be expecting a retracement back up
If we look at the fundamental analysis, it's ratios are still not as good as its competitors like southwest airline.
Will probably go long for short term gains.
Air lines are bullish - DELTA✈️ Delta Air Lines ✈️
Another promising stock. Also starting to grow. Will be lucky to catch the pullback. Potential ~60%
🛒 Buy zone 27.3 / 26.2
🎯 Targets 32.6 / 35.5 / 44
$DAL Delta Airlines Upside Targets
Delta has cleared initial MA resistance and now has some fresh air to move higher. Targets
-$32.00 Fibonacci Golden pocket
-$34.95 Major 0.382 Fib level (favored position for swing traders)so possible reversal.
-$37.00 June highs.
Rally can be short lives so use stops and respect them.
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$DAL - A very challenging point (29.29$) look at the chartA break out above the upper trend line can leads to target 33$
Not for any advise
Just an Idea.
DAL falling wedge breakoutDAL appears to have broken out from a Falling wedge..
Disclaimer: Not an advice to Sell or Buy!!
$DAL Delta Airlines Bullish Targets
Delta is regarded as one of the strongest airlines most likely
to survive the pandemic.
The possibility of further government aid only adds to that view.
The stock has managed to reclaim the 100ma as support.
Volume is increasing
RSI has crossed the midpoint & attempting to make a higher high.
First Fibonacci target is $29.27 which is a common swing level.
The Fibonacci Golden pocket at $32.30 would be a short term
win for the Bulls.
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DAL1. The company's daily cash burn, which is the amount it has been losing per day as a result of the impact of COVID-19, has decreased from a high of $100 million at the end of March to just $27 million in June.
2. Delta has liquidity of $15.7 billion
DAL about to ripHey guys,
I am looking at grabbing some DAL calls tomorrow. I can see this having another beautiful run as we are starting to experience a small sector rotation. Stocks that were beat down by covid should experience a nice run in the next couple weeks. Happy trading!
- Matt
Delta Airline - Technical Analysis - DALTechnical Analysis:
Based on technical analysis, the idea is to hold. Prices are moving in a sideway trend and there are not a lot of signal for a short or long term investment.
Fundamental Analysis
United, American, Delta, Southwest — Airline stocks rallied on Wednesday as positive vaccine news gave investors confidence about a return in air travel demand. American Airlines jumped 7.7% and United Airlines rose more than 6%. Southwest and Delta gained 5% and 4%, respectively. Alaska Air Group gained 5.2%.
DAL - earnings 7/14 morning - swing callsAfter RSI climbed to 70+, it has retreated as price has consolidated, but is holding in a bull support zone. Price closed below 50sma and came back over. I bought 8/21 expiry 30 strike calls, a small position. If earnings are good IV drop will not hurt much and stock will head back to $40+
