BUY DAL OPTION Price target $54 Price target 2 57.68 Warren Buffett famously advises investors to "be fearful when others are greedy, and be greedy when others are fearful." The billionaire investor's Berkshire Hathaway conglomerate showcased that approach last week: It boosted its stake in Delta Air Lines during the massive market selloff fueled by coronavirus...
Volume and momentum is suggesting a continuation of this xmas bull rally into next year. Price doesn't necessarily need to act according to the outlined waves which are based on support/resistances and hypothetical future uncertainly (with the asymmetric triangle). Think that max it could go is really the 6-7k range where sell pressure exists (limit sell orders)...
OK. There's great chance honeybadger could hit the 2.7-2.9 support levels in an extended wick and reverse for a short xmas into new year bull rally to get everyone hyped about before more pain. While I feel the brief visit to bellow 3k is possible we should pay attention at current price level because price is showing some signs of strength and volume in lower...
Price heading towards resistance. Expected to be bounce to outlined support. Overall looks like a trading range is in the cooking.
Price hit resistances zones. Market looks weak. Down we go.