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...
📉 NYSE:DAL SHORT H4 🛒SELL BELOW = 27.85 🎯Target1 = 25.85 🎯Target2 = 24.65 🎯Target3 = 22.65 🛑Stop loss or cancel trade = 31.10 🙈Recommended risk = (2%-3%) #DAL #DALSHORT #SELLDAL
Once the stock is hated by the market ,it is over .
$BA pumped almost 7% on Friday but this scam pump lack volume . Probably this jump will fade and will resume the downtrend .
A descending triangle is a bearish pattern (Very bearish in fact in the case of Boeing ) . Usually it breaks down ,this could easly take boeing the 70$ level .
📈 NYSE:DAL LONG H4 🛒BUY above = 32.10 🎯Target1 = 33.55 🎯Target2 = 35.50 🎯Target3 = 35.95 🛑Stop loss or cancel trade = 29.65 🙈Risk = (1%-2%) #DAL #DALLONG #DALBUY
Ascending Triangle looks bullish asf, only bearish if we lose ascending line support.
EARNINGS: LYFT (20/82/19.8%) announces earnings on Wednesday after the close, so look to put on a play in the waning hours of Wednesday's New York session if you want to play the volatility contraction. Pictured here is a directionally neutral 29/38 short strangle camped out at the 20 delta in the September monthly. Paying 1.26 as of Friday close, it has...
Technical Analysis: Based on technical analysis, the idea is to hold. Prices are moving in a sideway trend and there are not a lot of signal for a short or long term investment. Fundamental Analysis United, American, Delta, Southwest — Airline stocks rallied on Wednesday as positive vaccine news gave investors confidence about a return in air travel demand....
July 14, 2020 JPM will report Q2 earnings . The chart above lists the estimates and includes a technical analysis .
Airlines earning are all due in July: DAL 14 July BMO est. $-4.06 / $2.17B UAL 21 July AMC est $-9.41 / $1.14B AAL 23 July BMO est. $-7.03 / $1.43B LUV 23 July BMO est. $-2.67 / $0.54B All eyes will be on DAL tomorrow to sense where this mess is going. As for AAL, it closed above the downward sloping trendline but this could be easily a bull trap....
EARNINGS: A bunch of earnings next week, particularly in the financials sector: C (40/58/14.1%): Tuesday before market open. DAL (50/95/23.0%): Tuesday before market open. JPM (38/49/12.1%): Tuesday before market open. WFC (58/63/15.4%): Tuesday before market open. GS (31/48/11.7%): Wednesday before market open. EBAY (71/56/13.4%): Wednesday before market...
Delta Air Lines approximately future price prediction... Hard time & long correction phase for DAL, by detailed price map... Regards, Team Traders "PowerfulTraders"
Delta Air Lines approximately future price prediction... Hard time for DAL, by global price map... Regards, Team Traders "PowerfulTraders"
EARNINGS: Next week's earnings announcements are light, with options liquid underlying to play for volatility contract even lighter. BBBY (52/119/18.8%*) announces on Wednesday after market close, so look to put on a play before the end of Wednesday's session. Pictured here is a July 17th (12 days) 11 short straddle, paying 2.03 as of Friday close, 18.8% of...