DAL... We have take offGood morning traders,
If you have been following my predictions on DAL and UAL, well... WE HAVE TAKE OFF! OB has been tested, we could see a pullback testing the previous red candle but should be a decent flight from there on out. Some turbulence along the way, but shouldn't be big enough to knock this plane down.
All previous areas have been tested and structurally it looks great. Hang on tight a bit more we are almost there. Keep UAL on your sights, this has much more traveling to do which means bigger profits as well.
Hope you enjoy the rest of your day, and don't forget to follow for all my other predictions. Have a great rest of your week, happy trading & God Bless!
Deltaairlines
When Does a Digital Guardian Become a Digital Liability?In a dramatic turn of events that has captivated both Wall Street and Silicon Valley, a routine software update has spiraled into a half-billion-dollar legal battle between two industry titans. Delta Air Lines' lawsuit against cybersecurity leader CrowdStrike raises fundamental questions about corporate accountability in our increasingly interconnected world. The incident, which paralyzed one of America's largest airlines for five days, serves as a stark reminder of how thin the line has become between digital protection and digital vulnerability.
The case's implications stretch far beyond its $500 million price tag. At its core, this legal confrontation challenges our basic assumptions about cybersecurity partnerships. When CrowdStrike's update crashed 8.5 million Windows computers worldwide, it didn't just expose technical vulnerabilities—it revealed a critical gap in our understanding of how modern enterprises should balance innovation with stability. Delta's claim that it had explicitly disabled automatic updates, only to have CrowdStrike allegedly circumvent these preferences, adds a layer of complexity that could reshape how businesses approach their cybersecurity relationships.
Perhaps most intriguingly, this case forces us to confront an uncomfortable paradox in corporate technology: can the very systems we deploy to protect our infrastructure become our greatest point of failure? As businesses pour billions into digital transformation, the Delta-CrowdStrike saga suggests that our cybersecurity paradigm might need a fundamental rethink. With federal regulators now involved and industry leaders watching closely, the outcome of this battle could redefine the boundaries of corporate liability in the digital age and set new standards for how we approach the delicate balance between security and operational stability.
DAL Delta Air Lines Options Ahead of EarningsIf you haven`t bought the dip on DAL:
Now analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $3.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Delta Air Lines (NYSE: $DAL) Set to Report Q3 Earnings Today As Delta Air Lines (NYSE: NYSE:DAL ) prepares to report its Q3 earnings on October 10, 2024, investors are keenly watching for signs of a potential breakout. Despite facing industry-wide challenges, including rising costs and the looming impact of Hurricane Milton, Delta stock ( NYSE:DAL ) is showing signs of bullish momentum. With analysts predicting a 25% earnings decline to $1.52 per share, the Atlanta-based airline still has promising revenue growth forecasts, as the airline sector continues to rebound.
Earnings Outlook
For Q3, analysts expect Delta’s earnings to decline 25% year-over-year, largely due to higher operating costs and fare competition caused by an oversupply of flights but that's too bad. However, revenue is expected to inch up by 0.7%, reaching $15.595 billion, thanks to steady travel demand at least some hopium. The outlook for Delta’s full-year earnings suggests a slight dip to $6.18 per share, which is within the airline’s guidance range of $6-$7 per share. Notably, analysts project a strong 19% rebound in earnings for 2025, raising optimism for long-term investors.
Revenue Hit from IT Outage:
This earnings report will be Delta’s first since the massive IT outage in July caused by a CrowdStrike software update. The outage forced the airline to cancel thousands of flights, resulting in a $500 million revenue hit. While the company has considered legal action against the software provider, the incident has cast a shadow over its Q3 performance. ugh With all this, i don't think NYSE:DAL stock could escape the plunge.
Hurricane Milton's Impact:
The imminent arrival of Hurricane Milton, a Category 4 storm, poses an additional threat to Delta’s Q3 results. On Wednesday alone, over 2,500 flights were canceled, many of which belonged to Delta. The company is bracing for further disruptions as the hurricane hits Florida’s west coast. This comes on the heels of Hurricane Helene, which wreaked havoc across the Southeast earlier in the month.
Despite these headwinds, Delta’s leadership in the airline industry remains solid. As one of the most profitable U.S. carriers, Delta is expected to weather these short-term challenges and emerge stronger, especially as the entire travel sector, including cruise lines and hotels, rebounds aggressively into 2025.
Technical Analysis:
On the technical front, Delta stock is approaching a key buy point at $52.45, which represents a cup-with-handle formation. The stock has been in a rally mode, following a 6% gap-up in late September, when Southwest Airlines raised its revenue guidance and lowered fuel cost projections. Since then, Delta stock (NYSE: NYSE:DAL ) has gained nearly 2%, closing just shy of the crucial buy point on Wednesday.
Bullish RSI and Inverted Hammer Signal Potential Breakout:
As of Wednesday’s close, Delta stock (NYSE: NYSE:DAL ) exhibited a bullish RSI of 67.24, suggesting strong momentum. Additionally, the daily price chart revealed a bullish inverted hammer candlestick, a pattern often indicative of a potential reversal to the upside. A breakout above $52.45 could pave the way for a move toward the pivot point at $54, marking a bullish trajectory for the stock.
However, traders should also keep a close eye on the downside. A break below the one-month low of $46 could trigger a selling spree, especially if the hurricane impacts the company more severely than expected.
Broader Sector Rebound: A Positive Tailwind
While Delta faces (NYSE: NYSE:DAL ) its own unique challenges, the broader airline sector has been rallying for nine straight weeks. United Airlines ( NASDAQ:UAL ) and Southwest Airlines ( NYSE:LUV ), which are set to report earnings later this month, have both been climbing in tandem. The entire travel sector, buoyed by strong demand for both leisure and business travel, continues to outperform, with analysts predicting further gains through 2025.
In addition to the airline industry, cruise lines like Royal Caribbean ( NYSE:RCL ) and travel booking platforms have seen robust growth, with Citi analysts noting that the rally “has real legs” into 2025. For Delta, this sector-wide recovery could provide further support for its stock price, despite near-term turbulence.
Price Target and Analyst Sentiment:
Delta stock (NYSE: NYSE:DAL ) is currently trading around $47.90, down 6.5% in premarket trading on Thursday. Analysts remain optimistic about the stock’s long-term prospects, with a consensus price target of $61.89, implying a 21% upside from Wednesday’s close. Additionally, 11 analysts have assigned Delta a "Strong Buy" rating, further bolstering the bullish sentiment surrounding the stock.
Conclusion:
Delta Air Lines (NYSE: NYSE:DAL ) is at a critical juncture as it prepares to report Q3 earnings. Despite the challenges posed by Hurricane Milton, rising costs, and the recent IT outage, Delta’s fundamentals remain strong. The airline is expected to see a modest revenue increase in Q3, with significant earnings growth projected for next year. Technically, the stock is on the cusp of a potential breakout, and a move above $52.45 could trigger a fresh rally. However, investors should remain cautious, as a dip below $46 could lead to a sell-off.
DAL Delta Air Lines Options Ahead of EarningsIf you haven`t bought the dip on DAL:
Now analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week,
I would consider purchasing the 46usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $1.74.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
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Delta Air Sees Massive DemandDelta Air Lines ( NYSE:DAL ) is running its largest ever transatlantic schedule this year due to healthy travel demand, particularly on international routes. The airline has forecast record high second-quarter revenue due to buoyant demand for spring and summer travel. Delta's CEO, Ed Bastian, said that summer is progressing strongly and demand is quite healthy. Delta ( NYSE:DAL ) is well-positioned to take advantage of this with its partners. Consumers are spending on experiences with travel a top priority after the pandemic, with premium travel being particularly strong. Delta ( NYSE:DAL ) President Glen Hauenstein said that the international business is quite strong.
Rival American Airlines reported that there was still excess seat capacity in the domestic market, resulting in discounting pressure. Delta ( NYSE:DAL ) executives believe that US carriers will further moderate capacity in the second half of the year, which will underpin the industry's pricing power. Delta operates a large mixed fleet including planes from Airbus and Boeing, which is engulfed in a quality and corporate crisis. Delta ( NYSE:DAL ) is "encouraged" by steps Boeing is taking with management changes and other adjustments at the company. Delta ( NYSE:DAL ) is still committed to its order for Boeing 737 MAX 10 jets, which are still awaiting certification by the U.S. Federal Aviation Administration. Delta ( NYSE:DAL ) has no plans to swap the MAX 10 for another model, but hopes the changes being made at Boeing will allow it to make progress on building the MAX 10.
Delta Airlines stock ( NYSE:DAL ) finished Friday's trading session up 1.82% trading above the 200-day Moving Average (MA).
Delta Air Lines Soars Above Expectations: A Tale of ResilienceDelta Air Lines ( NYSE:DAL ), a titan in the aviation industry, has once again defied expectations, showcasing resilience and adaptability in a challenging landscape. The airline reported a remarkable turnaround in the first quarter, swinging to a profit with record sales despite lingering concerns about inflation and economic uncertainty.
CEO Ed Bastian expressed confidence in Delta's performance, noting robust bookings for both leisure and business travel as the peak season approaches. This optimistic outlook is reinforced by the company's forecast for the second quarter, with anticipated earnings surpassing analysts' expectations.
One of the key highlights of Delta's strategy is its focus on efficiency and optimization. Following an aggressive expansion phase post-pandemic, the airline has shifted gears to streamline operations and enhance profitability. This approach includes a prudent approach to hiring, with Delta slowing down recruitment while maintaining a keen eye on driving efficiency gains.
The resurgence of corporate travel is particularly noteworthy, with Delta reporting a significant uptick in sales from the technology, consumer, and financial services sectors. This resurgence underscores the enduring importance of business travel and signals a promising trajectory for Delta as it navigates the recovery phase.
Despite facing headwinds such as rising costs and inflationary pressures, Delta remains steadfast in its commitment to delivering value to shareholders. The company's reaffirmation of its full-year forecast and free cash flow projections reflects management's confidence in its ability to weather the storm and emerge stronger.
Delta's performance in the first quarter underscores its resilience and agility in responding to dynamic market conditions. As the aviation industry continues to rebound, Delta stands poised to capitalize on emerging opportunities and chart a course towards sustained growth and profitability.
Technical Outlook
Delta Air Line ( NYSE:DAL ) stock is trading with a moderate Relative Strength Index (RSI) of 64.35 indicating a continuous bullish run from the stock after a positive earnings review.
The stock is trading above the 200-day Moving Average (MA) further validating the bullish thesis of Delta Air Line ( NYSE:DAL ).
DAL Delta Air Lines Options Ahead of EarningsIf you haven`t bought the dip on DAL:
Then analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week,
I would consider purchasing the 46usd strike price Puts with
an expiration date of 2024-4-12,
for a premium of approximately $1.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
DAL Delta Air Lines Options Ahead of EarningsAfter the last price target was reached:
Now looking at the DAL Delta Air Lines options chain ahead of earnings , I would buy the HKEX:35 strike price Calls with
2024-1-19 expiration date for about
$4.50 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
DAL Long Resault: 23% Profit✅A good opportunity to long position and get a good profit from the attractive American stock market
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According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
DALA good opportunity to long position and get a good profit from the attractive American stock market
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
DAL Delta Air Lines Options Ahead of EarningsIf you haven`t bought DAL at my last call:
then you should know that looking at the DAL Delta Air Lines options chain ahead of earnings, I would buy the $35 strike price in the money Calls with
2023-1-20 expiration date for about
$1.79 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
AAL: Travel is Back!American Airlines
Short Term - We look to Buy at 13.78 (stop at 12.30)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher highs is located at 13.40. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to buy into dips close to the 13.40 level.
Our profit targets will be 17.89 and 19.00
Resistance: 18.00 / 21.00 / 25.00
Support: 13.40 / 11.00 / 9.00
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DAL options ahead of earnings If you haven`t bought the previews bull run:
then ahead of earnings I would buy the following Delta Air Lines, Inc. (DAL) calls:
2022-7-15 expiration date
$29.44 entry price approximatively
$31.5 strike price
$0.37 premium/share
Looking forward to read your opinion about it.
5/4/22 DALDelta Air Lines, Inc. ( NYSE:DAL )
Sector: Transportation (Airlines)
Market Capitalization: $28.111B
Current Price: $43.85
Breakout price: $44.75
Buy Zone (Top/Bottom Range): $43.50-$41.20
Price Target: $47.00-$48.70(1st), $51.80-$52.70 (2nd)
Estimated Duration to Target: 37-39d (1st), 86-89d (2nd)
Contract of Interest: $DAL 6/17/22 45c, $DAL 9/16/22 45c
Trade price as of publish date: $1.93/contract, $4.09/contract
DAL all time high demandDelta CEO Ed Bastian: "Over the last five weeks we’ve experienced the highest level of sales and booking activity at any time in our history...I think it’s going to be a very strong summer travel period for us going forward."
My price target is $47.50.
Looking forward to read your opinion abut it.