DAL trade ideas
DALMixed Earnings report on 3rd quarter. Long term great potential although showing weakening next quarter outlook.
Delta Airlines - Keep an eye outWe broke a long-term trend since the begining of the year.
Breaking $51.5 support line, could probably take us close to YTD low.
Monitoring closely.
Fly low with DAL into EarningsLooking for Delta to continue downtrend into earnings with public perception of recessionary projections, reducing business and leisure travel over the holiday season.
Price Targets:
- 1 month: $50
- 3 months: $53
- 12 months: $60
#DAL Yesterday I was preparing this chart for u and today, bang!Sorry my fellows 'cause yesterday I was preparing this chart for you, but as you know the market is faster than my schedule, so it banged my chart before the chance of posting it. So, I'm posting it exactly how yesterday was. This stock isn't a big deal for me, but it looks nice for day trading. $48.99 is a nice target but an important level to support the price. Stay tuned!
Cream Live Trading, Good Luck!
Delta AirlinesStock is trading well within the range. Potential set ups for option trades for the next few weeks.
DAL con posible proyección al alzaDAL se acerca a una zona determinante... de romper al alza se podría tener una proyección de al menos 2%. Tenemos un cruce y otros indicadores que podrían reflejar continuidad alcista. La operaré con SL corto en caso de tener una reversión.
DAL - LONG - STRONG ChannelsThis will be interesting, watch for the range to tighten.
Expecting a tight band from 60 to 58 ish as accumulation picks up.
Coming up to a Bull Flag with top at a Fib level and the bottom at a Gann Channel.
WAIT... - Then long from 60 -> high 60's.
Airlines price targets - non-MAX operators BULL** Credit Suisse says non-MAX operators such as Delta Air Lines, Spirit Airlines, JetBlue Airways and Alaska Air Group to benefit most from reduced supply levels in the form of higher load factors and fares
** LUV and AAL combined have the highest exposure to MAX fleet in U.S.
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Price targets / analysts:
CS downgrades American Airlines Group Inc to "underperform" form "neutral", cuts PT to $30 from $32, citing extended grounding's of MAX jets and ongoing mechanics labor dispute
Cuts PT for Southwest Airlines Co to $51 from $53, while also lowering 2019 EPS estimate to $4.07 from $4.45 due to the airline's inability to capitalize on market demand
Upgrades JBLU to "neutral" from "underperform", raises PT to $19 from $16 due to strong seasonal leisure demand and continued execution of cost and revenue initiatives
Raises PT for United Airlines Holdings Inc to $113 from $111 despite its smaller MAX exposure compared to LUV and AAL
"Joe's Earning season preview" EP01Hello everyone, I'm going to uploading this series as the earning season is going to take places!
Check the names that will have their earning reports this week and see how my strategies will be!
Tue: PEP
Wed: BBBY, PSMT
Thur: DAL
My English speaking is lack of practice for quite a while; please forgive me for my poor expression lol.
Let's see how they go this week yo!!!!
DAL - Inverse Head and Sholder Breakout Through NecklineI have opened a Bullis Spread on the breakout. Will close out before earnings on Jul 11.
DAL moving averages crossing and gap filledI'm looking to get a little more than 2R on this trade. I'm using the moving averages cross and the fact that the gap is almost filled as indicators to go bearish here.
Signal to buy might be signed at last close, i wait a bounce.For the long run.......... analysis on Monthly chart.
DAL Golden Cross suggests Wave 5 For a pedestrian industry, DAL has shown bullish consolidation in a rising channel for years. The Golden Cross (50d SMA crossing 200d SMA) today follows stronger than usual price/action, similar to the last one in Nov 2016., where there was a 38.2% retracement before continuing upwards, this time 53.24. We allow a little more because of the earnings gap, and enter at 52.30.
The Feb/Mar consolidation zone is resistance, so the stop is placed below it at 48. The target of 70.50 is ambitious, outside the channel (unless we get another long bullish consolidation), but we are relying Wave 5 being equal to Wave 1 (the last GC). This gives a RR of 4.23.
DAL ideaMy thinking is that the shortfall of capacity among airlines due to withdrawal of 737 max from service may actually lead to increase in ticket prices as demand from customers grows through the summer. I'd speculate that earnings and margins actually improve for all airlines.
Trend Analysis - 4hr Interval - DALHello Successful Traders,
The stock (DAL) has manifested a volatile move within today's (April 10th) fundamental release. Acknowledging the release (positive), followed by an immediate (almost) bearish movement. To numerous traders, this ideology of direction may be quite concerning as many indicators (approaches) had proved sufficient approval for a movement upward (bullish). Trade the market PA (Price Action) and not the impending speculations of what could be.
Resistance Level 1 - (61. 15 - 61. 45) 30 cent interval
Key Price Zone (KPZ) - (57.65 - 58.00) 35 cent interval
Support Level 1 - (47.95 - 47.25) 30 cent interval
Support Level 2 - (44.95 - 45.25) 30 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Mindful and Stick To Your Trading Principles)***
-LionGate
DAL: Fly the Earnings Friendly SkiesDAL is in the midst of a uptrend that will be setting higher highs. They beat on earnings as a player in the airline carrier industry while Boeing and Spirit Aerospace and Airbus and other aerospace manufacturing stocks are taking a beating from a combination of the 737 Max crashes and resolution process as well as President Trumps talk of taxes on the European Union from their backing of Airbus with subsidies.
Delta's already been riding high on high expectations from those holding, to expect a little profit taking from the short term holders scared of a recession, but I expect their uptrend to continue. There was a slight dip yesterday due to background beta activity of the entire market dipping a few percentages, but it's just going to act like pulling down on the plunger of a pinball machine.
For technicals, everything is strong. They're above the 200 day average but not so high that I expect a fast reversal. ADX and DM+ are showing a strong upstrend forming over the last week or two with a likelihood to continue onward. RSI is a little high already in the 70s, but I expect it to either hit or come close to 90 before any stagnation on this current earnings reaction. They're walking up the upper Bollinger band right now and it should widen up quite a bit before narrowing again when the holders decide if they're in for the short or long haul. Also, the 20 day average has begun to cross the 200 day, and the 50 day average is quickly closing up behind it as well.
DAL Overbought going into earningsStupid overbought going into earnings later this week. Watching for a reversal tomorrow to buy some puts. Look at all of the indicators, not to mention this thing is usually range bound, it's a cyclical stock not a growth stock.
Delta riding below previous supportDelta did a slight drop below the 57.49 support. It has created a new horizontal support at 56.96.
I'll do a more in depth update later.
Possible slight dump for Delta (at least bearish signals)After correctly calling the patterns to turn out as a loss a few days ago (my arrows in purple), I am seeing more of the same. Tomorrow they will most likely hit (or come close to) my 57.49 support line. This has already been a solid support so what we need to see is a strong bounce. Look for signals at 6:30 to 11:00 AM PST tomorrow as to what it is doing. If it closes at all below my support we may be looking at a dump, or the bears finally taking over DAL stock.
