I think we will wait a bit long time till this dawn trend over , But this is speculative stock . So just sell it and buy it at the right time.
Delta is just off of an extreme level of valuation as it backs down to $43.36 today, May 22, 2015. If you look at the Total Revenue chart, you can see that revenue gains were steady and have increased by 42% since 5 years ago in May. Over the same time frame, however, the stock price has risen by 267%. After-tax margins went from losses to profits and margins...
Watching a bounce off the 50 EMA if it happens...
Bearish on all time frames. DAL did trade to target on daily KIND of
I have identified a bullish flag pattern on DAL weekly chart. Flag patterns are a reliable trading pattern which gives you clear entry and selling signals. Flags are a quick to meet targets usually completing in less then 3 weeks time. DAL had a straight $20 run up from its' lows (creating the pole) and then proceeded to consolidate for several weeks (creating...
Long term supply signal in late Dec warn of distribution up here. Now short term and medium term supply signals have kicked in. New resistance level at 48.01 calculated and plotted. Support at $42.08, then $30.43 Classic short at shoulder of 2014.02.24.
This is my favorite airline stock: with the current P/E of 58 it is a ridiculously overpriced asset, but if the market is still willing to buy it, so be it. Taking a look at Elliott impulse subdivisions - the main wave 4 is done or half-done, and wave 5 is still ahead. So we are not yet done with growth although the fundamentals suggest it's time to stop. I don't...
Let us see how DAL interacts with the $42.43 support and 100 SMA as support also.
DAL expected to open at 47.50 for a Retest Gap. To learn to trade this morning for free go to www.RealLifeTrading.com
DAL is hands down my favorite airline stock. I can't justify executing a long position here as the risk is to great for me right here. I'm a buyer at 42, I'm a thief at 38. But with oil plummeting, it wouldn't surprise me to see DAL hit 55 before pulling back any significant amount. DAL sits atop of my watchlist
Dark cloud candlestick pattern occurring at the extreme of the Bollinger Bands with momentum divergence showing on both the mac-d histogram and RSI. Looking for price to retrace to the 50 ema or lower Bollinger Band, whichever occurs first.