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Jaketub
Jul 31, 2023 1:19 PM
DAL Short idea - 10-20% drawdown potential
Short
NYSE:DAL
1D
Delta Air Lines, Inc.
NYSE
Description
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Jul 31, 2023 1:19 PM
If you have not gotten in, you are about 6-7% late, however, we just broke the H&S neckline. Lots of confluence there with the volume shelf. I reckon we have a ton more room to fall from a once deeply overbought territory.
PT: sub-40
Supply and Demand
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Head and Shoulders
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