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DEAI34 trade ideas

Ready For TakeoffThis is a seriously long term idea on $DAL. It is very early in the idea, but I think the upward range expansion we recently saw in the 3 month bar can be acted on. If all goes smoothly, we could target around $100 for this stock. I think it is finally time. Finally time to own airlines. A good initial stop loss could be around 25 if you are comfortable giving the idea that much room. May the winds of millennials desiring unique life experiences carry us forward!
NYSE:DALLong
by redykhouse
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!
NYSE:DALLong
by Vic_Tech_Trader
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.
NYSE:DALShort
by DEXWireNews
DAL looking bearish before earnings ...lets take a lookNever financial advice. Just offering perspective. On the weekly timeframe currently looking for some bearish confirmation going into this week. The previous all time highs were swept and DAL may be looking to offer a discount for investors. Currently price is resting on a bearish imbalance that looks encouraging for bears. Would like to see the bullish imbalance below current price get mitigated to further this thesis. The monthly outlook also has a bearish imbalance that it has reached but also is in the process of forming a bullish imbalance which would be lost if we close October below 43.26. Overall the structure is bullish but could see a swift or very slow move back in to bullish discount for a continuation up. Earnings are in 4 days. I'm more interested in a bearish short term move. The model would complete at 17.51.
NYSE:DALShort
by bwinvests
Bullish $DAL Trade Idea, 9/20 Expiration3-OPTION ORDER, NYSE:DAL TRADE IDEA Sell DAL $42.5 Call 9/20 Buy DAL $41 Call 9/20 -{share price: $40.14}- Sell DAL $40 Put 9/20 ~$90 credit to open trade This is bullish trade that involves selling a put to finance a call debit spread. @ expiration scenarios: -Share price $42.50 or greater: $240 profit -Share price between $40 and $41: $90 profit -Share price $40 or lower: Assigned to buy 100 shares of NYSE:DAL and own them at an avg cost of $39.10 per share.
NYSE:DAL
by zach6667
Rebound on gold zoneTrend (LT): Bullish above the 200 SMA Trend (CT/MT): Bearish below EMA 7 / SMA 20 Price bounced back to SMA 200, plus stabilization in gold zone (neutral) ROB Breakout Monitoring Wait for potential crossover of EMA 7 with SMA 20 Buying above 47.29/47.30 (approximately) (13% at stake if successful) The stop loss (SL) position will depend on the candle pattern. No sales for me. It is important to note that this analysis is a personal interpretation and does not constitute an investment recommendation. In your opinion, direction SOUTH or north?
NYSE:DALLong
by Yannick1961
1
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).
NYSE:DALLong
by DEXWireNews
Rising premium ticket prices bolster Delta Air Lines' stockDelta Air Lines Inc. is experiencing a positive shift in its business dynamics, driven by an uptick in premium passenger air travel. As reported by the International Air Transport Association (IATA), this trend is returning premium travel segments to normal levels. This is particularly significant for airlines like Delta, known for its robust business-class offerings. This recovery enables Delta to not only enhance its business class profits but also contribute directly to its revenue mix and overall profitability. In response to this positive trend, Delta plans to reduce its debt. This move is expected to have a dual effect: it could improve the company's credit ratings and enhance the stock's appeal to investors. Combined, these factors will likely drive Delta's stock growth in the medium term. Analysing Delta Air Lines Inc. (NYSE: DAL) stock for potential investment opportunities: On the Daily (D1) timeframe, the stock has established a resistance level at 51.85 USD and support at 48.20 USD. Currently, in an uptrend, the stock is testing the support line. If the trend reverses downward, a potential downside target could be around 42.50 USD. If the uptrend resumes following a rebound from the support level, a short-term buying opportunity may arise with a target of 56.50 USD. For a medium-term outlook, the price has the potential to climb to 63.30 USD, assuming the positive momentum continues. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NYSE:DAL
by RoboMarkets
Stocks pairs trading: DAL vs BENLet's analyze the trade potential of Delta Air Lines (DAL) and Franklin Resources, Inc. (BEN) by examining key financial metrics and market performance to determine reasons for potentially going long on DAL and short on BEN. Forward P/E Ratio: DAL's forward P/E of 6.86 is lower than BEN’s forward P/E of 8.61, suggesting that DAL is priced more attractively relative to future earnings expectations. This lower valuation might make DAL a more appealing investment, indicating market optimism about its earnings growth potential. Year-to-Date Performance: DAL has seen a substantial gain of 29.66% year-to-date, while BEN has faced a significant decline of 19.55%. DAL's strong performance amidst broader market conditions indicates a resilient position, whereas BEN's sharp decline suggests ongoing challenges. Market Performance Trends: DAL has experienced a robust quarterly performance with a 27.97% gain, while BEN’s performance trends are negative across multiple periods, with a particularly notable 11.44% drop over the past quarter, indicating a potential for further decline. Analyst Recommendations: DAL has a more favorable recommendation score of 1.27 compared to BEN’s 3.79, indicating stronger analyst confidence in DAL’s market position and future performance. Decision: Long on 1 DAL: This position is supported by DAL’s lower forward valuation, impressive near-term earnings growth forecast, and stronger market performance indicators. Short on 2 BEN : Given its higher forward P/E ratio, weaker growth prospects in EPS, and significant reduction in market performance, coupled with relatively poor market performance indicators, shorting BEN could be advantageous if these trends continue.
NYSE:DAL
by joyny
Stocks pairs trading: DAL vs RHILet's delve into a side-by-side comparison of Delta Air Lines (DAL) and Robert Half International (RHI) based on their financial metrics and market performance, examining reasons for potentially going long on DAL and short on RHI. Forward P/E Ratio: DAL's forward P/E of 6.41 is markedly lower than RHI’s forward P/E of 20.74, suggesting that DAL is undervalued relative to RHI. This lower valuation makes DAL a more attractive buy in terms of cost-to-earnings. EPS Forecast for Next Year: DAL’s anticipated EPS for next year is $7.58, which is higher than RHI’s projected EPS of $4.06, indicating stronger near-term profitability. Year-to-Date Performance: DAL has seen a significant increase of 24.09% year-to-date, compared with RHI's decline of 21.12% over the same period. This performance suggests stronger market confidence and more robust momentum in DAL. Book Value Per Share: DAL’s book-to-share value of $17.28 is higher than RHI’s $15.10, which indicates a stronger asset base per share and potentially more intrinsic value in DAL’s stock. Profit Margin Comparison: DAL operates with a profit margin of 8.48%, which is more favorable than RHI’s profit margin of 5.74%. This suggests that DAL is more effective at converting revenues into actual profit, a key indicator of operational efficiency. Analyst Recommendations: The consensus recommendation for DAL stands at a more favorable 1.29 compared to RHI’s 3.64. This indicates more analyst confidence in DAL’s market position and future performance. Decision: Long on 1 DAL: This position is supported by DAL’s lower valuation, strong near-term earnings outlook, superior market performance, better financial health, and greater profitability metrics. Short on 1 RHI: Its current higher valuation and recent poor market performance may not justify the risks in the short term.
NYSE:DAL
by joyny