Delta Resistance ZonesNYSE:DAL What I think are strong to very strong resistance size of resistance if broken enters consolidation or reverses.by DigitalData9
Delta in a Bearish Pennant? Thoughts?However, I am overall bullish on Delta. I actually think this stock may drop even further especially looking back to 2012. Let me know your thoughts. It looks bullish on lower time frames.Untested levels from 2012 remain and it appears to be making a bearish pennant on 2D-Weekly. Let me know why you think this is bullish, because apparently everyone does. Don't let the drastic price drop make you think we have hit a bottom. We would need a massive bull candle and if you see the higher levels that hasn't happened or any signal of a reversal.Shortby DigitalData116
Legendary Investor, Warren Bufett sells airline stocks, you ?First thing first, let's find out when did he buy this DAL. It was bought on 15 Nov 2016 at approx 47.67. Today's share price is 22.48, a loss of 151 million (ballpark) based on 6 million shares (ballpark) Digest that for a minute ! Now, based on his value investing philosophy, he claims to buy and not sell forever and hold on to stocks for as long as possible. So when he sells, it is BIG NEWS to the market ! Of course, we are not arguing if he has other protections like buying puts and other hedging instruments, that is for another day ! Already, we have seen 2 counters , Boeing and Ryan Air plummeting its share price. I read somewhere about when people are forced to change to adapt to a new environment, initially they resist (those who still go out party and head to the beach) but after a while, they adapt and get comfortable so much so when the external environment returns to normal, they will not want to come out of their comfortable caves...... i.e., they may not want to travel for the time being. Hopefully, this does not apply to you and me as I love to travel and see the world, man ! See my chart for where I think it is heading next. Shortby dchua1969Updated 8
$DAL BANK of American People come to the rescue May as well try to make a few $$$ on the rally as not alone will you be paying for a extra bag but also paying for the plane. Longby RedHotStocks20
$DAL Time To Start A PositionLike most investors, we are looking at stocks that have seen a big bounce off the lows. The one exception to this rule is the airline stocks. $DAL is just $4 off its 52 week lows of $19.10 a share. President Trump has said publicly that he is not going to let the airlines fail and that a bailout package is on the way. We will look to add to our position on any selloff. Good luck to all!Longby InsiderFinancial4429
Looking for bounce near $21.50.Been following this stock through all of the madness. I don't think they're going under. It's hard to tell the future of the company based on government intervention though.by Shaw537
$DAL Stares Lower But Carrie a Cabin Full of Shorts to SqueezeDAL shares are hovering just above a likely retest of the critical $20 level. The stock will be locked in the bailout and OPEC twin narratives this week, playing to opposing effects.by GregFolin116
DAL good for remaining of the year?NYSE:DAL With and ultra-low interest environment, government stepping in to rescue airlines from the shutdowns of COVID-19, low fuel prices; I believe it is prime for investment long-term; however, recommend hedge with oil and gas industry that benefits from rising energy prices.Longby investinfamily5
DAL good for long$36.75 sell swing trade possibility? NYSE:DAL can it get back to its previous levels? Besides, government stepping in.Longby investinfamily3
$DAL on SupportSupport is holding for the past few days backed up by above average volumes. Longby anses07117
Smarter than Buffett?"Delta plunges after Warren Buffett's Berkshire Hathaway slashes its stake" is the morning's headline following the announcement. As investments I don't know why anyone would want to own airlines. They are too exposed to all kinds of risk... world economic factors, energy, terrorism, and now plagues. But to trade airlines... the contrarian in me combined with a price action alert makes me want to test for an opportunity. Earnings are this week and I do not expect anything they say to help or harm what is already known; that Delta is burning through a whopping $60 million per DAY! So while there is some earnings gap risk I'm going to keep my position small and exploratory. Let's see if this is the double bottom of the Daily.Longby norokUpdated 339
DAL Trend Change95 million volume in a day - its either people dumping shares before earning or this is the end of its bottom. SL 20.5 Long around 23.5. Target 30 and 36 NYSE:DALLongby prashant228678
DELTA AIRLINES - 2012 LEVEL'S REASONABLE?JFK is closed. Nobody wants to fly. No reason this stock shouldn't be trading at $5. Maybe $10 with stimulus, which is my prediction. Puts down to $10. Shortby FishyTrades119
Delta Airlines, look out below $DALIf Warren Buffett sees fit to be dumping the stock last week, why try to outsmart him or believe that he knows that there is no bailout com,ing. Shortby RedHotStocks9922
Delta Airlines WeakensAlthough talks of stimulus bills are circulating in the airline industry Delta Airlines is showing little strength after the news. The stock takes a quick rally upwards to only find itself loosing half of the gains shortly after. The downtrend continues to hold strength in the short term marketby AirMarketGroup5
Delta Airline StocksRecently Warren Buffet Company, Berkshire Hathaway invested in Delta Airline, Delta Airline has been dropped and stand at where it was stand in 2014 & this is the best long investment.Longby hunnain8