Hello friends, followers, and traders,
Delta airlines have announced that this coming June customers will see the return of several major routes, both U.S. domestic and international, which were previously suspended due to the COVID-19 pandemic.
As we approach June I suspect there is going to be a burst in price action across several markets as a direct result...
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DAL showing a historical key level and where price held very strong from COVID19 crashes. Expecting to be a good turning point at this level. Sketch up your own trade setup and make sure you meet...
defined no middles seats among other checklist
that is certainty to be back in business...
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looking forward for the oracle to buy up or upsize
from 0 to 10% ownership
The prices are moving sideways with a weakness signal (Descending Triangle) - Based on probabilities and on Fundamental Analysis (Virus still with us) the idea is to go short.
Target price 15.00 (Round Number) - Only if the support line will be broken.
I think that it is too long to start thinking to invest for a long term investment.
Traders, This stock price is not looking good. But we are reaching a zone where it Can Have A Little Upwards Bounce In Weekly Zone.
P.S. (This is for education only. Not a financial advice or signal.)
Checking Back in with Delta Airlines. Check out our previous analysis on these as you can see how we've been playing them and get an overall feel of the direction we're going. Our previous posts provide some detail towards our positions.
Short and Sweet Fundamentals:
1. Delta just suspended flights to 10 major airports through at least September: Chicago...
Hey guys,
So I still am looking for a long entry in these poor, pitiful, beat down airline stonks. This trend break is looking more bearish than anything though. Maybe we can pump it up past this trend line in the week. Otherwise we might have some more downside in the near future. Warren Buffet called it.. that son of a biscuit. He sold his airline stocks at a...
Symbol: DAL
Sector: Airlines
Delta airlines is currently testing rock bottom.
Horizontal support at low of 21.26 needs to hold or we could see sell off.
Adding to this position at current price I like.
We are closing with lower highs down over 190%
We have so far attacked support area 4 times almost directly and held.
What we would like to see next is price...
DAL looks very bearish in the next upcoming days/weeks. It should definitely break $20 support group and plummet lower.
Buyers should keep an eye on this one.
Still bearish and getting more bearish due partially to the bullishness on my Twitter/Stocktwits timelines. Been adding to June puts ever since the wedge broke down and will double my position if/when $20.50 breaks. The market has given airlines every chance to rally but this chart is STILL bearish no matter how you cut it. Will cut the trade above $24.50.
From...
This is my technical analysis for DAL - very short term ( next 2 days) bullish (Based on hammer and shooting pattern), but then I feel it will drop significantly.
Delta Airlines May 11 2020
