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.by JakubKonieczny6
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)*** -LionGateby LionGate0
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.Longby chuckination4
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.Shortby hungry_hippoUpdated 221
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.Longby UnknownUnicorn44985471
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.Longby UnknownUnicorn44985470
Delta looking bearishAs predicted in my last Delta post, we had major gains today. But alas, it is looking slightly bearish as of this post. If we close below the bottom of the fan/resistance line we will be looking for a possible dump. by UnknownUnicorn44985470
Look for gains in Delta (DAL)When you look at Delta (NYSE: DAL), you see a clear resistance but a triangle pattern. When adding a pitch fan you clearly see obvious tests of both the resistance zones. With the gains and natural consolidation you see clear bull flags everywhere. Gains are expected to rise at the beginning of trading at 6:30 AM PST. If I were to guess they will occur around 7:15 AM PST. Major changes (in relation to breaking resistance zones/trends) will end FOR SURE at 8:30 AM PST.Longby UnknownUnicorn44985471
DAL will fall today ?15 m chart it is hight volume appeared and daily chart already cut 50 line Shortby TRADEwithZ751
Can Delta Fly Higher?Delta Airlines is off to a strong start in 2019, but can they keep it up? New information coming out says that Delta has setback cameras installed however they are not watching passengers... The Megalodon is giving us a buy sign on the technical side. The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! by RandallGurule0
DALSolid reversal sign, from 200 EMA and strong support level. Weak confirmation from momentum for a solid entry price. (higher risk entry price). Average dividend which is about to be paid soon. Buy and hold for 6 months. Target $60 at the top of the range (20% profit).Longby Wahid_Elgohary2
DAL Approaching Support, Potential Bounce!DAL is approaching its support at 50.46 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 54.70 (38.2% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is approaching support at 2.9% where a corresponding bounce could occur. Longby TradeGATEHub1
$DAL INSIDE DAYFAVOR SHORT ON BREAK DOWN OF YESTERDAYS LOWS OIL LOOKS DUE FOR A BOUNCE, SHOULD CAUSE A DIP IN AIRLINESShortby trademics2
DELTA testing ATH'sPretty recognizable pattern breaking exactly how its expected to. I see DAL testing 60 again soonLongby Cpez114
DAL Sym Triangle inside a Rising WedgeDouble the fun. DAL been forming a rising wedge for a few years now and recently a sym triangle. Can definitely be a good move if we can stay below the 200sma.Shortby anthonylarro1
Short'ed DAL through Options!Short DAL for a target of 50 and a stop loss of today's high! bought the 51 PE expiring next week!Shortby Chitanya_Chitturi2
$DAL Delta Air Lines Descending Triangle$DAL Delta Air Lines - possible bearish long term descending triangle forming. Monitor for definitive heavy volume break of $51 support level.Shortby Triple_Barrel_Capital1
DAL - Do You Know "Wolfe Waves"?BREAKING DOWN 'Wolfe Wave' If identified correctly, Wolfe waves can be used to accurately predict the scope (equilibrium price) of the underlying security. To identify Wolfe waves, they must have the following characteristics: Waves 3-4 must stay within the channel created by 1-2 Wave 1-2 equals waves 3-4 (shows symmetry) Wave 4 is within the channel created by waves 1-2 There is regular time between all waves Wave 5 exceeds trendline created by waves 1 and 3 and is the entry point The estimated price is a price along the trendline created by waves 1 and 4 (point 6). Educationby Anbat5
DELTA AIR LINES (DAL), HAS BEARISH HEAD & SHOULDER PATTERN!!Would be selling stock and/or doing Bearish Put Credit Spreads, until around $45 area. DAL has earnings report scheduled for 4/12/2018 (FYI). Daily Bullish and/or Bearish Head & Shoulder patterns are powerful and should be respected. Good luck and Good trading. Shortby Anbat223