** Credit Suisse says non-MAX operators such as Delta Air Lines, Spirit Airlines, JetBlue Airways and Alaska Air Group to benefit most from reduced supply levels in the form of higher load factors and fares
** LUV and AAL combined have the highest exposure to MAX fleet in...
Hello everyone, I'm going to uploading this series as the earning season is going to take places!
Check the names that will have their earning reports this week and see how my strategies will be!
Tue: PEP
Wed: BBBY, PSMT
Thur: DAL
My English speaking is lack of practice for quite a while; please forgive me for my poor expression lol.
Let's see how they go this...
I'm looking to get a little more than 2R on this trade. I'm using the moving averages cross and the fact that the gap is almost filled as indicators to go bearish here.
For a pedestrian industry, DAL has shown bullish consolidation in a rising channel for years. The Golden Cross (50d SMA crossing 200d SMA) today follows stronger than usual price/action, similar to the last one in Nov 2016., where there was a 38.2% retracement before continuing upwards, this time 53.24. We allow a little more because of the earnings gap, and enter...
My thinking is that the shortfall of capacity among airlines due to withdrawal of 737 max from service may actually lead to increase in ticket prices as demand from customers grows through the summer. I'd speculate that earnings and margins actually improve for all airlines.
Hello Successful Traders,
The stock (DAL) has manifested a volatile move within today's (April 10th) fundamental release. Acknowledging the release (positive), followed by an immediate (almost) bearish movement. To numerous traders, this ideology of direction may be quite concerning as many indicators (approaches) had proved sufficient approval for a movement...
DAL is in the midst of a uptrend that will be setting higher highs. They beat on earnings as a player in the airline carrier industry while Boeing and Spirit Aerospace and Airbus and other aerospace manufacturing stocks are taking a beating from a combination of the 737 Max crashes and resolution process as well as President Trumps talk of taxes on the European...
Stupid overbought going into earnings later this week. Watching for a reversal tomorrow to buy some puts. Look at all of the indicators, not to mention this thing is usually range bound, it's a cyclical stock not a growth stock.
After correctly calling the patterns to turn out as a loss a few days ago (my arrows in purple), I am seeing more of the same. Tomorrow they will most likely hit (or come close to) my 57.49 support line. This has already been a solid support so what we need to see is a strong bounce. Look for signals at 6:30 to 11:00 AM PST tomorrow as to what it is doing. If it...
As predicted in my last Delta post, we had major gains today. But alas, it is looking slightly bearish as of this post. If we close below the bottom of the fan/resistance line we will be looking for a possible dump.
When you look at Delta (NYSE: DAL), you see a clear resistance but a triangle pattern. When adding a pitch fan you clearly see obvious tests of both the resistance zones. With the gains and natural consolidation you see clear bull flags everywhere. Gains are expected to rise at the beginning of trading at 6:30 AM PST. If I were to guess they will occur around 7:15...
