Today we will make a Daily and a 1h analysis on Delta + the setup we will take on this asset. Daily Chart: On the daily chart, we can see a Clear support zone and a resistance zone. The price is above the support zone, and we can project a bullish movement towards the next zone (Resistance) On the 4hs chart, we will understand the setup: Here we can...
Delta has been hovering above its range for over a month now and I am looking for take into earnings. Assuming the breakout/trend to the upside will continue, I am hoping earnings will provide a catalyst for the stock to head toward 45. I don't think the numbers themselves will be good but I am hoping the have positive guidance about people traveling post the vaccine.
EARNINGS: There aren't a ton of earnings next week. Some financials are announcing, but I generally don't play those a ton for volatility contraction, since they never really frisk up that much, and all are below 50% 30-day implied here. KBH provides the best bang for your buck with the implied metrics I'm generally looking for (>50%), followed by DAL. Both,...
Broke out few weeks ago, consolidating, came down on lower volume. Ideal buy will be around 37, but can take a position now at 39 for a decent R/R
Some price action this week got me very interested in stocks that were all the rage through the pandemic trading in 2020. NYSE:RCL is a trade I posted about yesterday that was up 4% on the day today. I like this price action to go more. NYSE:DAL is another stock in recovery that a friend had me look at and it has almost identical price action. He also took...
📈 NYSE:DAL LONG H4 🛒BUY above = 31.43 🎯Target1 = 32.54 🎯Target2 = 33.23 🛑Trailing Stop loss = 29.62 ❌Cancel trade and open reverse trade = 29.62 🙈Recommended risk = 1-2%
Got the new highs, but a false breakout? If so, should revisit $10K or lower soon $TRAN $IYT $FDX $AAL $UAL $DAL $LUV $EXPE $SPY $SPX $ES_F $VIX $DIA $DJI $YM_F #Stocks #Transports 🛫
📈 NYSE:DAL LONG H4 🛒BUY above = 33.30 🎯Target1 = 34.80 🎯Target2 = 35.70 🛑Stop loss or cancel trade = 30.90 🙈Recommended risk = (2%-3%)
It is ovious that this sector is heating up. Loads of bodies of their books, delincuent uncolectable debt. costly SLA fines waved, and cancelled plane orders with no penalties, on top of it loads of stimulous coming their way. The institutional buyers are shameleslly creating this pattern and its about to break. Lets take AAL as an example" Could it consolidate...
EARNINGS: There are four options highly liquid underlyings that pop up on my screener for next week with 30-day implied of >50%: UAL (23/88/22.6%)* (on Wednesday after market close); DAL (13/74/19.1%) (Tuesday before market open); SLV (18/59/16.4%) (Friday, before market open), and WBA (43/54/12.2%) (Thursday, before market open). Pictured here is a...
Today, we have a short setup to share. Here we will give you a full explanation of what we expect a) First we want to see the Weekly chart: We can see a major resistance level b) Working from that level, we can go to the 1H chart. Here we can see a range with an inner zone ( Minor support zone / the expected target for the bearish movement) c) Inside...
EARNINGS: CCL (28/88/25.9%) and DAL (18/77/22.1%)* announce earnings on Thursday. The DAL November 20th 21 delta, 2 x expected move 26/41 short strangle is paying 2.41 or 7.6% as a function of stock price (1.20 at 50% max; 3.8% as a function of stock price). I've pictured a short put here as the simplest play to get in on a sector that has been hammered by the...
NYSE:DAL Technical Analysis - Hold for now
Price reached a major resistance . Time to re-short the dead cat bounce .
I see SAVE going back to 25 by Jan 2021 but if you're an option trader i suggest getting ITM calls for 2021 even 2022 if you want to add to long term portfolio. Shares is also good to add to your stock portfolio. Remember to keep in mind if airlines were to shutdown and vaccine trials see no further progress that would be a sign to get out, but recent news looks...