The prices are moving sideways with a weakness signal (Descending Triangle) - Based on probabilities and on Fundamental Analysis (Virus still with us) the idea is to go short. Target price 15.00 (Round Number) - Only if the support line will be broken. I think that it is too long to start thinking to invest for a long term investment.
Checking Back in with Delta Airlines. Check out our previous analysis on these as you can see how we've been playing them and get an overall feel of the direction we're going. Our previous posts provide some detail towards our positions. Short and Sweet Fundamentals: 1. Delta just suspended flights to 10 major airports through at least September: Chicago...
Symbol: DAL Sector: Airlines Delta airlines is currently testing rock bottom. Horizontal support at low of 21.26 needs to hold or we could see sell off. Adding to this position at current price I like. We are closing with lower highs down over 190% We have so far attacked support area 4 times almost directly and held. What we would like to see next is price...
I'm slowly adding here, especially after grandpa Warren has already made his move. 66% off the highs.
The aviation and national/international transport industry will see a bounceback after COVID-19. Delta have a large percentage of B2B services -- therefore their clients will require aviation regardless of personal fear. Once the virus begins to leave the spotlight high volume business activities will return, stabilizing the share price. Long term trade --...
DAL With Warren Buffett selling all airlines shares, the corona virus, etc., Investing in DAL is high risk/reward. Investing in shares is not like buying a lottery ticket. Imagine buying a farm (land). It's what the land produces over the long term that matters. Could it reach $5 or lower. Pros: 1) Low P/E and Forward P/E, Prices/Sales, Price/Free cash flow (FCF)...
Never mind Buffet or anyone else, just look at the monthly chart.. #DAL is above a strong support, if it breaks down, big crash will come.. Just watch carefully.. Beside, as I said before; 'Due to the pandemic disaster we are experiencing, the air transportation industry has been in a very difficult situation.. The cash flows of the airline companies are...
DAL In-line with projected analysis. Bullish prediction remains unchanged. Patience is key.
What is LUV? Southwest Airlines Co. is a major American airline headquartered in Dallas, Texas, and is the world's largest low-cost carrier if your bullish on the airline sector, you can take long position here or around $30.41. or short it at $31. but if overall market goes bullish, we could see 1st target around 34.57 2nd target 38 3rd target 46
JETS is breaking a bear triangle formation channel, with very high volume as seen in chart. In the chart you can see the next resistance drawn. Which are the 200 and 50 simple moving average. OBV has been trending higher, making higher lows, and is following the channel drawn. JETS is an ETF holding airline stocks, its portfolio top 4 holdings and % weight...
I had a long from 10.02 but closed it at 10.80.. then I noticed AAL broke some resistances and also the channel it was sitting on which made me buy some calls for tomorrow! American Airlines earning date is on April 30 which is probably when the big shorts will come in.. Airlines have been one of the worst-performing stocks lately while many other companies that...
1. DAL closed as a doji candlestick right off support on the symmetrical triangle (purple line) and as well as off a horizontal support line ($22.19). 2. While we see a horizontal support line @ 22.19, the RSI is showing an up trending support line starting from 4/06... bullish divergence! 3. Zooming into the 3H chart, we see a bullish piercing candlestick...
NYSE:DAL We'll see. Maybe opportunity to buy or add to position (average down).
#DeltaAirlines holded above the trendline and still struggling to keep its position.
NYSE:DAL With rising fuel prices, its not helping the airline industry (jet fuel is one of their major expenses) combined with shuydowns. I am still bullish as this investment is getting cheaper for me to get back in at a lower price (averaging down). Still waiting for the 29th when I anticipated a bottom of $20.49 for further adjustments. An addition to this...
Delta Airlines ( $DAL ) really doesn't seem to have a bid. Waiting for the post-crisis breakdown.