"Airlines Positive" financial environment globally.
Cycle Sniper H4 headed south
Potential C&H pattern. The neckline at 36.
Buy above 36
Targets as mentioned on the chart. The ultimate target of the pattern is 44.50
Good Luck
DAL monthly bearish hammer, not the best entry, but expect further down movement in wave 5 of downtrend. Stop above the candle, take profit to point of control on monthly
Order SELL DAL NYSE Stop 33.57 LMT 33.57 will be automatically canceled at 20230401 01:00:00 EST
DAL daily bearish hammer at the top of wave 2 correction C right in between daily MAs seemingly nothing in our way for 1.2R
1. daily uptrend looks like exhausting
2. below MONTHLY-WEEKLY open
3. tiny daily gap down (pre-market)
I think we may see some retracement back to 30.50'ish
Order BUY DAL NYSE Stop 32.29 LMT 32.29 will be automatically canceled at 20230401 01:00:00 EST
DAL daily test of MA 200 from below if we break above can run into MA 100
Fourth gainer in October is DAL . Holding period is 10 day (10/14/22-10/24/22). Account up 1%.
This year, my account is up 77.9%, average holding period is 12 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
The PEAD projected a Bearish outlook for $DAL after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
Relax, let the market do its thing. We will fill up that gap on the $45'ish and rebalance from previous COVID levels. The entire market is at a discounted rate. Look at previous predictions on my portfolio. This is a matter of time.
HAPPY TRADING !!!
Order BUY DAL NYSE Stop 28.50 LMT 28.50 will be automatically canceled at 20230401 01:00:00 EST
DAL daily bullish hammer with RSI divergence in the end of wave 5 of wave 3 downtrend. Take profit at 50% Fibonacci retracement.
Delta Airlines approaching descending meaningful support in the mid-$20 handle, a weekly settlement below the descending BLACK bottom channel support structure by 1%+ could potentially offer us a shorting opportunity into the mid-teens ... I'll be watching this for a desirable set up should it transpire. If it does, I'll create and publish a NEW idea.
This idea is a study of the top 4 US Airlines compared to inflation rates.
I still vividly remember the day I decided to learn about markets and economics.
It was the Friday after markets closed on January 29th, 2021 and Kevin O’Leary (Mr. Wonderful) was on CNBC debating the so called reddit short squeeze of gamestop with MA Sec of State William Galvin.
With...
Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the Airline and Refinery segments. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment consists of jet fuel and non-jet fuel products. The company was founded by Collett Everman Woolman in...
