DAL doesn't look promising, technically. But the U.S. Treasury will receive warrants to purchase over 6.5 million shares at a strike price of $24.39 with a 5-year maturity. Eligibility for $4.6 billion in secured loans, if the company chooses to apply and accept funds. Co has reduced its daily cash burn to $50 mln from $100 mln at the end of March.
NYSE:DAL This chart represents my 1w to 6w trading outlook on DAL. Background: The unprecedented turmoil in which global airline industry found itself is yet to clear up and show signs of resolution, despite the fact that the covid-19 curve is somewhat flattening, this does not means that we are close to be back on track with the global economy's recovery. We...
NYSE:DAL Good buy point or wait next week for 2nd confirmation/pull back
DAL Dispite negative headlines, investors are waiting for COVID-19 to pass to get into the biggest money pool in history. However, Tomorrow, if volume spikes 25% or more over 50-day average and the price goes down, I'd wait
A lot of Buzz around the airline industry since the bailout this week, so we're taking a look at Delta ($DAL), along with every other person who just downloaded their Robin Hood account this month. Hearing a lot of the "airlines are so cheap, airlines can't fail, people aren't going to stop flying" comments. Correct, people will not stop flying, just depends on...
NYSE:DAL The authorities (Treasury, Government, Congress, Fed, etc.) are stepping in to help airlines, etc. With low fuel prices (i.e. jet fuel prices) remaining low, I am still bullish on DAL
#DeltaAirLines is just sitting above the strong support. I would expect it to bounce back even tough it seems beairsh in daily
NYSE:DAL What I think are strong to very strong resistance size of resistance if broken enters consolidation or reverses.
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...
I will be looking for $AAL to follow this falling wedge downwards and likely lag till earnings. Earnings may cause more downside. Wall Street Journal EPS Projection: -$1.83 More realistic EPS: -$2.47 I believe revenue projections are heavily understated as shown by Ford. $UAL has quarterly revenues under 10 billion and predicted a revenue loss in march alone...
DAL Projected analysis.
Like 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...
$AAL coming up on resistance, looking to see what happens Monday, expecting the price to go into the $13s and will be looking for a short entry around $13.50. Target Price: $9 Stop Loss: $15.50 Will likely be going with an option for this trade. Buy Put May 15 $7 strike @~.40 BOL
DAL 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.
$36.75 sell swing trade possibility? NYSE:DAL can it get back to its previous levels? Besides, government stepping in.
"The Senate's bailout package, which deals with the economic crisis caused by the coronavirus, will give airlines $25 billion in direct grants as long as they agree not to place any employees on involuntary furloughs or discontinue service at any airports they now serve until at least the end of September. Another $25 billion is available for loan guarantees."--...
"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...
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.