Idea for DALGiven the current market volatility, I would also include a factor of 2-4x what the Idea shows.
I'm pretty neutral on this today.
DAL trade ideas
Bullish on $DAL between now and earningsSummary: $DAL has been consolidating in a symmetric triangle pattern throughout June, with descending volume and pretty decent framing by the EMAs. This is likely a bullish continuation coming off of the May lows, with a gap above that still needs to be filled.
20 and 50 EMAs are both bullish, and have provided support for the triangle price channel.
Today and yesterday could be seen as a rejected downward breakout, it may consolidate for another day or two but I'm expecting an upward breakout by Fri/Mon.
100 EMA will act as resistance, so $DAL will likely hover around there until earnings. No idea which way earnings will go - I assume it's bad news but everyone already knows it's bad news, so it could still make a run for the gap. If it does break down after earnings it should find support around $27.
What to watch out for: If a daily candle closes below $28.50 in the next few days, I'd consider it an official downward breakout and look for it to find support at the 50 EMA until earnings.
DAL BUY OR LONG , SHS PATTERN FOR TARGET UP TO $42DAL has successfully tested the break out point of the "SHS" pattern now it continues to conquer the target.
DAL BUY ZONE : $30
TARGET 1: $37.3
TARGET 2 : $42
STOP LOSS : $27
Wish you good deals !
DAL : Falling channel 1. Falling channel
2. Wait for break out for both scenarios
Please don't forget to FOLLOW , LIKE and COMMENT ...If you like my analysis:)
Thank you and Good Luck!
✌ Told You To Short The Break. (DAL)💰 LET'S GET INTO SOME DELTA AIRLINES ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- 12 Hour Chart
- Red Engulfing Candle
- 3/3 EMA DOTS Red
Told you specifically to watch that uptrend support, if broke to go short. Now we approach stage 2 of support, the horizontal level. Break below that we can sit on position for further selloff confirmation. DAL almost down 8% in last market session. 3day is also shifting with a red doji.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
Airline Traffic Are Recovering SlowlyEven as many international flight remains shutdown, many domestic flight are recovering especially in many countries who already recovered from corona-virus, such as China, India, Middle East and some Asian countries. Even in the USA, the domestic flight are recovering progressively. The data from flight radar shows that airline traffic are steadily increasing. However the stock price are beaten down badly and remain under valued recently. Many peoples are just focusing on FAANG stock that already been dangerously overvalued due to Fed money printing that concentrate on blue chip technological stock. In the long run, the airline stock are the one who has lot of upside potential.
www.flightradar24.com
dal shorting opportunity ....here it shows bearish momentum which perfect for shorting,logics and setup as below,
1.breakdown of trendline...
2.200ma rejection
3.supertrend showing downside momentum
always trade with stoploss... thankyou....
✈ Delta Air Lines Test Support. (DAL)💰 Man these airline stocks are in nice setups for some serious plays.
Almost identical to Boeing as we are now sitting right above the long term support green line.
If we break above the red line that we are currently under that would be a breakout attempt to go long. Break below green we look for a short.
Line up the ema dots and the Crossover strategy candles for a breach and color confirmation. Use previous break level as stoploss.
Best of luck, 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
18.6.2020 DAL - DELTA AIRLINES NEVER GIVES UP!
Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
Today we take a look at Delta airlines, which, like many other airlines, was knocked out with the arrival of COVID-19. State aid and the slow easing of restrictions have helped keep the company below its pre-pandemic price. We are in a resistance zone that will react for some time, but of course in the long run the DAL will move higher to its original values. Think about it over the monthly chart and the result will surprise you. Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
Delta Airlines Elliott Wave PerspectiveIn this video I tried to show you guys the Elliott Wave Perspective of this Stock I hope you enjoy... Feel free to commend and ask questions
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
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DAL Head and Shoulders Idea for TodayUsing the head and shoulders pattern, I put pitchforks lined up, one for each, shoulder, head shoulder.
They looked to line up for the morning, and then day. So will this last one line up for today? Let's see! It's already over the range, so it could be a flop prediction.
Disclaimer: I am no expert. I just think it is fun making predictions using what I see in the chart as interesting patterns.
Careful out there. Premarket Fakeout?Being up over 8%, more so than not, it will end the day positive. However, careful jumping on as it may drop drastically in at the start of trading.
Possibly a short squeeze that triggers loss of confidence for the day.
Using MACD 12 ,26 ,9 to predict where DAL is goingDue to the early news delta provided, it is expected that stock price would go down, however following MACD 12,26,9 I think a pattern is forming. I expect MACD line and signal to cross again and become buy somewhere between 24-26$ and that time frame might be next week Monday/Tuesday.
