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Moshkelgosha
Jan 19, 2022 2:23 AM

Airlines landing once again?! Short

Delta Air Lines, Inc.NYSE

Description

Pandemic + jet fuel prices + selling pressure will take a toll on the airlines!

In these weekly charts, it is clear that major airlines already are in a Downward channel, and they will retest their previous supports which could be another 10-15% correction in the coming weeks!

You can see the most important support(green line) and resistance (red line) levels.

Best,
Moshkelgosha

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Comments
tannguyen831997
Could you please do or update the new chart for Delta? Thank you so much!!
yarkhypov
thats right, high chance we would see 34$ on dal...
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