Delta Airlines has just broken out. Seems to have ended its complex pullback and shooting for higher prices. Structure had not been broken so very confident it will continue to rally up. My target price is $57.00. I am sure it will go higher, but I as I always tell my students, NEVER BE GREEDY. Expect some turbulence along the way, other than that, Happy Trading !
Let's delve into a side-by-side comparison of Delta Air Lines (DAL) and Robert Half International (RHI) based on their financial metrics and market performance, examining reasons for potentially going long on DAL and short on RHI.
Forward P/E Ratio: DAL's forward P/E of 6.41 is markedly lower than RHI’s forward P/E of 20.74, suggesting that DAL is undervalued...
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NYSE:DAL is consolidating at previous highs and on a trendline. Consolidation leads to movement. Based on Elliot Wave Theory, we could be looking at another leg up. If you haven't researched this theory, do it. The price action of wave 4 usually has opposite characteristics than wave 2. (If wave 2 is sharp, wave 4 is longer and more consolidating and vice versa)...
Delta Air Lines ( NYSE:DAL ), a titan in the aviation industry, has once again defied expectations, showcasing resilience and adaptability in a challenging landscape. The airline reported a remarkable turnaround in the first quarter, swinging to a profit with record sales despite lingering concerns about inflation and economic uncertainty.
CEO Ed Bastian...
A correction is possible following the bearish pine bar. However, it is better to wait for the price to cross below the SMA 10 and 20. I am not a seller; I rather wait for a safe return, or near the bottom of the canal. In the orange zone, I will watch for a bullish setup. This analysis does not constitute financial advice, but rather an expression of my own vision.
A price action above 47 supports a bullish trend direction.
Bullish confirmation for a break above 48.
The target price is set at 50.
The stop-loss price is set at 45 (its 23.6% Fiboancci retracement level).
Concern is however that the price action is extended to the upside.
The bullish flag pattern might support some upside potential.
Remains a risky trade.
If you haven`t bought the dip on DAL:
Then analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week,
I would consider purchasing the 46usd strike price Puts with
an expiration date of 2024-4-12,
for a premium of approximately $1.40.
If these options prove to be profitable prior to the earnings release, I...
I bought DAL today as a long-term buy. This is a violation of a restraining order I put on myself, given my lousy track record with airline stocks. Why go there, now?
In bullet points:
NYSE:LUV is getting smoked today, based on news that NYSE:BA will be unable to get anywhere close to its 2024 delivery commitments to LUV, thanks to the ongoing 737 MAX...
I was lying in bed this morning before getting up and thinking, "Hmm. I haven't had any dreams with any stocks lately... I also hadn't meditated for any. So maybe I should ask for one now." and boom, into my brain instantly "DA... delta airlines".
So, I think, "that was cool. That's how they usually come in when they're good calls. What's the ticker for delta,...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 46/61.80%
1) Find a FIBO slingshot
2) Check FIBO 423.60% level
3) Hit the top = 57/423.60%
Chart time frame : D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the...
Up trending (already up ~20% from the recent low), expecting to reach $40~$44 (10 to 20%) provided it continues the same trajectory (Time frame 8 to 10 weeks). No recommendations, for educational purpose.
DAL is currently trying to break out of a major pivot that's acted as support and resistance all the way back to 2020. It broke the local high at $42.70 and now pushing above $43. It's been riding the 20 EMA on the daily since mid January, and showing really great relative strength. Targets $47 and $50
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First idea post so still figuring out these controls but here we go...
Airlines can be very sticky and annoying stocks that go through very odd cycles. But the fundamentals of the companies can be even weirder since the operate in a highly regulated market that was supposedly de regulated. I was considering going long spirit since the merger breakdown has...
This analysis reflects my perspective on NYSE:DAL through the lens of Elliott Wave theory. I acknowledge the potential for error and welcome any feedback or alternative viewpoints.
Please note that the unfulfilled waves are provided for contextual reference and do not indicate precise targets. Based on my assessment, it appears that NYSE:DAL is currently in...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential .
In this edition, we'll be looking at NYSE:DAL ...
I believe this code is at a point of potential volatility.
If price can hold below $38.47 ... Bearish potential may be unlocked.
My key downside targets include:
- $34.04 (Conservative)
- $30.19 (Medium)
- $25.33...
