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DAL

NCLH thoughts... double top or double bottom?Norwegian looks extremely interesting here are my top 3 thoughts on what will happen! $AAL $GOL looks like this as well, wouldn't be surprised if lots of stocks in this sector looked like this. My personal take is we break through it (as much as I hate to say it) 1. (green line) we test 17.90 then bounce or simply break right through 20.38 to reach high 30s 2. (orange line) we consolidate for a couple days between 17-19 (bullish) then push past 20s to 30s 3. (red line) we reject 20.38 and fall to 12-14 dollar range... or we have a fake breakout and then reject hard falling to 12-14 dollar range
NYSE:NCLH
by mzombie2
DAL: Potential Short Term Bullish Reversal 1M, 1D (Jun. 01)X Force Global Analysis: In this analysis, we take a purely technical approach to Delta Airlines (DAL), exploring signs of the stock being oversold, as well as potentially bullish reversal signals demonstrated on the monthly and daily charts. Monthly Chart - On the monthly chart, we have counted clear Elliott Waves - Since 2015, Delta Airlines has been forming a bearish rising wedge pattern - Moreover, we could spot an extended bearish divergence, with prices forming higher highs, while the indicators formed lower highs - The Relative Strength Index (RSI) formed lower highs, as well as the Moving Averages in the Moving Average Convergence Divergence (MACD) - Within the bearish ascending wedge, we could count Elliott Triangle Waves (ABCDE), leading to a breakdown triggered by the Corona Virus (Covid-19) - Currently, technicals demonstrate that the stock is oversold, and under extended. - The RSI demonstrates that DAL is at oversold regions - The MACD shows historical bearish histograms - However, despite the huge bearish pressure, we can also see signs of a short term potential reversal through candlestick patterns - The current candle is forming a dragonfly doji candle, in which we see a long lower tail, and a small upper tail, with the candle close close to the open value - Combining this with Elliott Waves, it could be said that we are in a downtrend counting Elliott Impulse waves (12345) - This dragonfly doji candle could be the start of a short term trend reversal for wave 4 - While we have failed to break and close above the 0.618 Fibonacci retracement support, it's important to note that we have secured a historical support at $22.45 Daily Chart - When we zoom into the daily chart, we see clearer signs of a short term bullish reversal - We have been consolidating within a bullish descending wedge pattern after a severe drop - Prices have broken out of the falling wedge, as we are seeing a small pullback - We can also spot a clear bullish divergence, with lower lows on the price, and higher lows on the indicators - The RSI demonstrates great strength, trading at neutral levels - The MACD also shows that the trend is backed by momentum, as it creates a steady uptrend without any death crosses - We can spot a lot of gaps ranging from $20 up to $56 - Despite the high trading volume, the current range starting from the drop was extremely choppy What We Believe Combining the evidence suggested in the daily chart with the analysis of the monthly chart, a probable case would be a further rally up filling the upper gaps at $30 ranges, completing wave 4 on the monthly. From that point, we could see further correction, filling the gaps located below the current price, before we see a mid-term trend reversal leading to a bullish rally to fill the gaps above. While it's important to also take into consideration the fact that Delta Airline's fundamentals have also been heavily affected by Covid-19, technical demonstrate a high probability for a short term bullish trend reversal. Trade Safe.
NYSE:DALLong
by XForceGlobal
1
DAL is on Historical Key Level! Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. 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 with the required confirmations first before you make your move! ⭕️ ✅ Scroll Down 👇 ⬇️ to signature section for 📲 contact details 💰💰💰 Profitlio Trading ( Since 2014 in Financial Markets ) ________________________________________________ Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements. Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
NYSE:DALLong
by Profitlio_Trading
DAL - The Airlines Are Not Looking to HotChecking 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 Midway, Oakland International Airport, Hollywood Burbank, Long Beach, T. F. Green International Airport, Westchester County Airport, Stewart International, Akron-Canton, Manchester-Boston Regional Airport and Newport News/Williamsburg International Airport. 2. DAL is trying to cut losses anywhere possible as they're burning through $50-$60 million per day. 3. At current pace, they're scheduled to run out of the Stimulus $ by the end of June. Technical: 1. We have a bearish pennant. There was a clear break and a retest. 2. If you entered the short position on the break where we have the purple circle on the chart, we're looking to play this down to the following targets: Target 1: $17.09 Target 2: $12.67 Target 3: $6.41 I would keep a trailing 4-5% stop loss on this one as we feel price could get volatile. The trailing stop will keep you position going if DAL tanks. Not to leave the bulls hanging out to dry, they would like to see a Double Bottom at $19.00 area and a reversal (unlikely, but anything is possible when the FED is printing). As we've mentioned before, we're personally not long on airlines until we start seeing people fly again. Hit us with a like and a follow for more updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYSE:DALShort
by MannyLo
Do Planes Fly? (DAL)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 to hold support and start to curve into the gray triangle as our pennant compresses. Then look for breakout above the black dashed line. First target 24% Second target 56% Third target full recovery 190% Great opportunity, this is the patterns we want to focus on. It is ideal to wait for the Crossover and than the breakout for a strong confirmation. Limit at 21.26 see if we can get filled and set a tight stoploss and play that level closely in case of break down. I will stay updated on Delta Air Lines on this post below.
NYSE:DAL
by UnknownUnicorn2319099
11
DAL *UPDATE*DAL With Warren Buffett selling all airlines shares, the corona virus, etc., Investing in DAL is high risk/reward. Investing in shares is not like buying a lottery ticket. Imagine buying a farm (land). It's what the land produces over the long term that matters. Could it reach $5 or lower. Pros: 1) Low P/E and Forward P/E, Prices/Sales, Price/Free cash flow (FCF) @ 3.66, EPS this year and expected next year, Gross margin...Cons: It's debt (quick and current ratios), technical performance, EPS (Quarter and short-term future), Insider selling. My Battle Plan: Hold and hedge with put options (3+ months out). Also, depending on developments, Average down.
NYSE:DALLong
by investinfamily
3
#DAL ANALYSIS.. Never mind Buffet or anyone else, just look at the monthly chart.. #DAL is above a strong support, if it breaks down, big crash will come.. Just watch carefully.. Beside, as I said before; 'Due to the pandemic disaster we are experiencing, the air transportation industry has been in a very difficult situation.. The cash flows of the airline companies are seriously disrupted and this situation seems to continue for a while, in this context, we can see much lower levels in the stock price..' Disclaimer: Please do your own due diligence when it comes to trading.. Invest at your own risk.. I wish you all the best..
NYSE:DALShort
by OguzhanSengor
JETS propelled past channelJETS is breaking a bear triangle formation channel, with very high volume as seen in chart. In the chart you can see the next resistance drawn. Which are the 200 and 50 simple moving average. OBV has been trending higher, making higher lows, and is following the channel drawn. JETS is an ETF holding airline stocks, its portfolio top 4 holdings and % weight are: LUV (13.66%) - Southwest AAL (12.49%) - American DAL (11.00%) - Delta UAL (10.52%) - United Total= 47.47%
AMEX:JETSLong
by dorfmanmaster
4
AAL "Long" I had a long from 10.02 but closed it at 10.80.. then I noticed AAL broke some resistances and also the channel it was sitting on which made me buy some calls for tomorrow! American Airlines earning date is on April 30 which is probably when the big shorts will come in.. Airlines have been one of the worst-performing stocks lately while many other companies that are closed have still pumped.. maybe its time AAL shines for a couple of days! Resistance lines are shown, we ideally wanna keep 11.14 holding if we are going to shoot for 12+ tomorrow.. maybe FOMO will get to people who knows.. Good Luck!
NASDAQ:AALLong
by mzombie2