TradingView
TrilogyAnalysis
Jul 31, 2017 12:15 AM

7.30.17 | DAL | Falling Wedge Breakout Long

Delta Air Lines, Inc.NYSE

Description

DAL just like AAL looks like it is ready to breakout out bullish from a falling wedge. Price is oversold on Stochastic's and the Sentiment Zone with the RVGI crossing over bullish. The first target is on the 31.8% line at about $51.97 which should be hit by Thursday or Friday. Use your 8 EMA or daily volatility to place your stop.

Comment

Trade Idea VOIDED on 8.7.17
More