DAL Short Price is in bearish structure, retraced to correct the downward pressure, and moved down. Fundamentals: The gameplan to turn the company around is to attract customers via low prices and package deals (flight + hotel + cruise lines). However, the CEO does state all of this is dependent on the vaccine rollouts. The US is behind other nations when it comes to vaccine rollouts and some states such as NY also mentioned the shortage of supplies they were encountering. Also, the CEO acknowledges the first two quarters of the year will be difficult for the company and they will control their cash burn to turn around the third quarter.
