Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential .
In this edition, we'll be looking at NYSE:DAL ...
I believe this code is at a point of potential volatility.
If price can hold below $38.47 ... Bearish potential may be unlocked.
My key downside targets include:
- $34.04 (Conservative)
- $30.19 (Medium)
- $25.33...
There is a 10 ema strategy on the daily chart.
The monthly 200 sma has JUST been created and it is a support level.
DAL IS also down a BUNCH and if you fly DAL (which I do) could be a nice spot to buy .
MY DAWG Andrew S is in a bull put spread.
Dec 30 / 25
Although there is a bowl formation on the chart, the targets are drawn according to Fibonacci. Pay attention to the wedge resistance in the weekly time frame.
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 33/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our...
█ SIMPLISTIC ANALYSIS </
Current Market Trend: short/sellers/negative.
Next Wave: buy wave to the mean.
Next Swing: negative swing to support.
Trade Type: Touch & Go don't wait for a close.
█ EARNINGS AT A GLANCE </
Release Date: 10/12 BMO
Earnings Anticipations: positive surprise for EPS & Revenues.
Surprise-Confidence on a scale of 0-5: #3
EPS & Revenue...
✅golden fibs test
✅RSI where it historically bounces NINE times in 2 years
✅hinting hidden bullish divergence
We will wait for break and hold of $40.50 for short swing calls entry
Both 8week out contracts for short term trade and Debit spreads for mid term trade
Target: $45/$49.50
Stop: open and close under .618 on daily
*at the loss of $37.50 puts to $35 and $31
Aug Hypothesis: International Travel Growth (Specific to Airlines)
We entered this trade once we had the broad market momentum signal that was SPX Daily price closing above the 100 EMA line
The strategy I am now running is to make sure we trade in the direction of the broad market momentums and guage how expensive or cheap the price of the stock is by using the...
On July 31st, I made an idea open to the public when I opened up a large short position on $DAL. Today, I am about done with the position and I’m about to close it all out.
I said that there was a chance we see a 10-20% downturn, resulting in NYSE:DAL under 40.
Here we are today.
Congrats to everyone who took the trade!
NFA.
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
Delta Air Lines rallied in June as travel recovered leading into the summer. Now after a period of consolidation, some traders may look for the uptrend to continue.
The main pattern on today’s chart is the $46.30 level, the high during all of 2022. DAL broke above it after raising guidance, tested it on July 14 after reporting results and is trying to hold it...
DAL has been ascending for two months now and has upcoming earnings. As can be seen
on the 2H chart, price has been consistently above the anchored mean VWAP since June 1st.
Price crossed over the POC line of the volume profile on June 26th. This is the level where
the most trading volume in the time range occurred. Above that line, buyers and their...
I'm wishing for higher volatility in the general market to write DAL put options.
Investors focus on fundamentals. Speculators buy/sell based on price movements alone.
According to Tipranks, the average price target of Delta Air Lines is $57.86 with a high forecast of $71.00 and a low forecast of $45.00. The average price target represents a 20.84% change from...
Been meaning to post this chart for a while. Another example of why trying to catch the bottom is fools gold. Most of the action happens after the confirmation, after buyers show up. I have been bullish on the airlines since march and got in early around 32...when it went up to 36 and continued to go lower, I cut the position, but kept this on close watch. as...
Unusual flow on NYSE:DAL Delta Airlines selling 35 strike puts for .31, getting out of ITM 6/16 35/40C spreads and buying 7/21 40/45C spreads for 1.35. Chart shows a pivot point Oct 2022 where there are now lower highs and higher highs. Bulls will want to see another higher high and a 40-42 resistance breakout.
NYSE:DAL has a failed bear flag, best moves come from failed moves, it has resistance at the 200 weekly moving average. #deltaairlines needs to consolidate in a bullish pattern before it can break through resistance.
Strategy Overview: The Frequency Formula
Our trading strategy, "The Frequency Formula," is built on cutting-edge Fourier Wave Transform theory. The strategy utilizes four unique indicators: the Frequency Formula Chop Indicator (FF-CI), Frequency Formula Trend Indicator (FF-TI), the Frequency Formula Volume Indicator with Combined Ratios (FFVI-CR), and the...
