DAL trade ideas
DAL // cup handle formationLet's look for closures where I indicated with X. Targets are determined according to Fibonacci.
DAL monthly bearish hammer DAL monthly bearish hammer, not the best entry, but expect further down movement in wave 5 of downtrend. Stop above the candle, take profit to point of control on monthly
DAL daily bearish hammer at the top of wave 2 correction COrder SELL DAL NYSE Stop 33.57 LMT 33.57 will be automatically canceled at 20230401 01:00:00 EST
DAL daily bearish hammer at the top of wave 2 correction C right in between daily MAs seemingly nothing in our way for 1.2R
DAL looks like we see some change1. daily uptrend looks like exhausting
2. below MONTHLY-WEEKLY open
3. tiny daily gap down (pre-market)
I think we may see some retracement back to 30.50'ish
DAL daily test of MA 200 from belowOrder BUY DAL NYSE Stop 32.29 LMT 32.29 will be automatically canceled at 20230401 01:00:00 EST
DAL daily test of MA 200 from below if we break above can run into MA 100
October Gainers (DAL, account up 1%)Fourth gainer in October is DAL . Holding period is 10 day (10/14/22-10/24/22). Account up 1%.
This year, my account is up 77.9%, average holding period is 12 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
Delta Airlines (DAL) expected to continue the decline - sell DAL at the top, near the resistance. Sellers are getting on board this airline. Get ready for a dive, and fasten your seatbelts as it is dangerous.
retrace then chop before popi like this gap up on DAL. I'm gonna look for a pullback and then bounce...i do expect some turbulance
$DAL with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $DAL after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
limit buy entrylike this for a retracement soon...i'll look to buy in the grey zone and sell around 33
New LOWS incoming for DALRelax, let the market do its thing. We will fill up that gap on the $45'ish and rebalance from previous COVID levels. The entire market is at a discounted rate. Look at previous predictions on my portfolio. This is a matter of time.
HAPPY TRADING !!!
DAL daily bullish hammer with RSI divergenceOrder BUY DAL NYSE Stop 28.50 LMT 28.50 will be automatically canceled at 20230401 01:00:00 EST
DAL daily bullish hammer with RSI divergence in the end of wave 5 of wave 3 downtrend. Take profit at 50% Fibonacci retracement.
DAL - Delta Airlines (Analysis)Delta Airlines approaching descending meaningful support in the mid-$20 handle, a weekly settlement below the descending BLACK bottom channel support structure by 1%+ could potentially offer us a shorting opportunity into the mid-teens ... I'll be watching this for a desirable set up should it transpire. If it does, I'll create and publish a NEW idea.
DAL daily bullish hammerDAL daily bullish hammer at support. Gotta be quick, countertrend. Probably wave 4 of wave 3 downtrend.
Mr. Wonderful KnewThis idea is a study of the top 4 US Airlines compared to inflation rates.
I still vividly remember the day I decided to learn about markets and economics.
It was the Friday after markets closed on January 29th, 2021 and Kevin O’Leary (Mr. Wonderful) was on CNBC debating the so called reddit short squeeze of gamestop with MA Sec of State William Galvin.
With Mr. Wonderful as a template I followed his investment ideas. In March of 2021, O’Leary was on CNBC again, this time explaining why investors should be short airlines.
That was at the Head in this head and shoulder pattern forming on US airlines.
O’Leary was shorting Airlines because he believes the office and business paradigm shifted to virtual so seamlessly during covid that in the future, businesses will not justify flying to see clients for business meetings when everything can be done virtual saving all the costs.
His short idea was coming during extreme Quantitative Easing from the FED and Airlines were rallying with every other equity in the markets.
But in the end he was right. Since March 2021 to the neckline of my ideas H&S, US airlines are down 45% in 1 year.
So why is inflation such a strong indication of what airline prices will do?
Because ~50% of Americans will stop paying for air travel as the first cost saving measure in hard economic times.
Inflation has been trending higher for over 15 years in a diverging pattern towards the 100Y trend of 3.52 inflation year over year.
My speculative outlook on airlines is short for the foreseeable future until inflation makes it down to the feds target of 2%.
Expect economy airlines like LUV to perform better than the other traditional airlines during this time as passengers look for the best deals.
If you like this idea, hit the boost and bookmark the idea for future updates. I plan to add my options strategies for the short and provide monthly CPI updates
DAL 1D MCAS System Malfunction Pull UP...Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the Airline and Refinery segments. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment consists of jet fuel and non-jet fuel products. The company was founded by Collett Everman Woolman in 1928 and is headquartered in Atlanta, GA.
Delta Airlines buy signalDAL has been trending up this summer, and this trend should continue. This is because price remains above the trendline and there was a clean bounce off it yesterday.
$DAL Future Possibilities Looks like a slow-moving stock. Probably will reject at resistance at $37-$38 and move back into the low 30s. If a breakout occurs, $45 is the next area of resistance
Delta posts $735 million profitDelta predicted that third-quarter revenue will be 1% to 5% higher than in the same quarter of 2019, even though it expects passenger-carrying capacity to be no more than 85% of 2019 levels — a sign that Delta expects higher fares to remain in place.
Delta Air Lines Price Target Is Above 50 per share.
DELTA AIR LINES -BUY OPPORTUNITYDelta Airlines Inc is still in a downtrend that started more than two years ago.
The breakout of the support level was not successful, and the price is now heading to the resistance level, giving us a good buy opportunity into the price channel, with a good risk-reward ratio.
The next target is located at $ 40 which is located at the 0.5 Fibo crossed with the major resistance
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DAL options ahead of earnings If you haven`t bought the previews bull run:
then ahead of earnings I would buy the following Delta Air Lines, Inc. (DAL) calls:
2022-7-15 expiration date
$29.44 entry price approximatively
$31.5 strike price
$0.37 premium/share
Looking forward to read your opinion about it.
Delta triangles guide price actionNYSE:DAL
Testing Twitter integration. Looking for feedback on the symmetrical wedge pattern similar to the historical example. If the pattern repeats, it appears to be a reduction of volatility until some time near the funnel when a breakout may occur with significant velocity. The direction in the past was positive, but I suspect this version may have a negative skew derived from the negative sentiment in the overall economy. Now there is too much demand for airlines to satisfy but the prevailing sentiment is that demand will soon cool significantly from the Fed raising rates and the consumer tightening their disgressionary and travel budget.
