CHRIS_B58

$DAL leading the airline industry along with $BA

Long
NYSE:DAL   Delta Air Lines, Inc.
$DAL seems like its up for a good start on 2023. airline industry is booming after covid restriction is easing, china opening up, and the southwest disaster. DAL is leading the way with their new upgrade of free Wifi on their in-flight offerings starting on February. this news might help DAL to boost their marketing strategy to lure other loyal customer from other airlines. but in my opinion, this free wifi upgrade will be very challenging to provide in the sky, with over 150+ people using it in the same time. the CEO didn't say specific details about how fast the wifi is, is there a time limit, and vulnerability of potential hacking. but regardless of these possible complication that might occur. the free wifi is still a good news for its customer. the southwest disaster boost other airlines with their loyal customer scrambles to re-book their flight to get their destination.

DAL typical price move is $1.00 to $1.40
Below is my price level entry and exit for intraday trading or scalp play.


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For calls; buy above $36.35 and sell at 37.05 or above


For puts, buy below $35.57 and sell at $35.11 or below

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Bot generated technical analysis:

Last price: 36.02

1st resistance level: 36.35
2nd resistance level: 36.69

1st support level: 35.39
2nd support level: 34.77

Honorable mentions: $BA technicals looks strong with
travel industry starts to boom so as BOEING

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Hi and welcome to this free technical analysis . ( mostly momentum play )

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