DELTA AIRLINES WAS PREPARING FOR A BIG SELL IN FRONT OF OUR EYESHi there. As you can see, price was forming a big reversal pattern since 2014. COVID-19 simply accelerated the sharp breakdown, but it was very clear that with or without the COVID-19 the price had to drop very impulsively.by thunderpips18
DAL - Near Term BearishBuyers have been picking up shares at this level but are likely getting exhausted as it fails to break resistance and is making lower highs. Buyers will slowly fade out and move to more worthwhile investments after repeated failed breakoutsShortby brycat2310
LONG: DELTA AIRLINES INC. (WEEKLY) - post COVID-19 stabilizationThe 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 -- Optimum target: ~March 2021Longby infinityPLEX114
DAL *UPDATE*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) @ 3.66, EPS this year and expected next year, Gross margin...Cons: It's debt (quick and current ratios), technical performance, EPS (Quarter and short-term future), Insider selling. My Battle Plan: Hold and hedge with put options (3+ months out). Also, depending on developments, Average down.Longby investinfamily335
#DAL ANALYSIS.. 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 seriously disrupted and this situation seems to continue for a while, in this context, we can see much lower levels in the stock price..' Disclaimer: Please do your own due diligence when it comes to trading.. Invest at your own risk.. I wish you all the best..Shortby OguzhanSengor17
DAL$9.75 might not be too far off if this breakdown holds. Will post daily for zoomed view.Shortby Essendy3
Buffer wants to sell Airline stocks at a loss??? Buy the DIP!So Warren Buffet recently announced he is selling all of his Airline stocks... The short term move is down very fast followed by sweet sweet recovery and tasty tasty divs... I will be targeting my entries for the fib retrace levels. $14 and $2 I will be buying the low heavy and selling high... 1st rule of trading never sell at a loss... buy the F'ing DIPLongby CAASPPER116
BUY ON DELTADelta is at a great spot right now on the 4hr chart with decent volume, but if the volume continues going downhill: Re-enter Target #1 = $20.00 Re-enter Target #2 = $14.60 If these targets aren't met, we would be looking for delta to enter and reject on my resistance zone at $33.00. It will drop ONLY if COVID-19 is still going around which causes them to have no customers which means no volume.by ExclusivelyFX4
Delta Quick BuyDelta is at a great spot right now on the 4 hr chart with decent volume, but if the volume continues to go downhill: Re-enter Target #1= $20.00 Re-enter Target #2= $14.60 If these targets aren't met, we would be looking for Delta to enter and reject in our resistance zone at $33.00. It will drop after that ONLY if Corona (COVID-19) is still going around which causes them to have no customers which means no volume.by BenBallaa4
DAL - 4/30/2020DAL - While 1D ichimoku still shows weakness, the 4H chart shows a little bit brightness ahead. Tenkan sen went cross over Kijun sen that indicates price will move higher. Unusual option activities include May 8 $28 calls, May 15 $26 and $30 calls that support the s/t upside move as well. by MS1105
DAL *UPDATE* Second Bull Confirmation Coming the 29th? *UPDATE*DAL In-line with projected analysis. Bullish prediction remains unchanged. Patience is key.Longby investinfamily112
$DAL - Nicely tested the recovery's Fibo 50% 27.38$Now the price at the middle of a "Crossroad". What direction? Right up (Long)? Left down (Short)? not a suggestion, just an Idea by Samuel12_19808
DELTA AIR LINES INCNYSE:DAL Hey, everybody. Been watching the DELTA AIR LINES INC for a long time. I thought I'd write about it today. Like the whole airline industry, this company has fallen heavily during the crisis and lost almost 60% of its average cost, but that's not what I'm talking about now. Between March 19 and 26, the paper tried to buy back its fall, but it was not allowed to do so. On 03.04 the level of 21.75 was formed, confirmed by false breakouts and touches. 22.04 - level retest. They could not take it from the first time. 24.04 - close retest. A pressure is forming. Leaving it on the short list. I'll enter the short when the level breaks down at 21.75, GT and LT matches. Shortby AllexMlUpdated 6
DELTAEn Delta ya llegamos a los puntos mas bajos, estamos en las ondas corrrectivas, esperando confirmar el 5 para buscar la onda 3 ya en tendencia alcista, que se espera se confirme ya con la reactivacion economica de USAby DianaGR19886
DAL to 25.571. 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 following by a doji closing above previous candlestick close -- ultimately forming a bullish harm cross (last two candlesticks). 4. MACD crossed on the 1H chart, while 8MA is currently below the 21MA Ultimately, I believe it can reach $29-30, and eventually $37 in the coming weeks with news (reopening the economy) being a huge catalyst of course. **Looking to start a nice small long position on DAL**Longby NCEJ_LL5
DELTA AIR LINES INC* the price is closer to going towards 20 $ * if it breaks $20 with force (candle + volume) the price will go towards $16.38 * if the price breaks $16.38 with force next target $15 by omossaUpdated 229
Delta airlines. Delta airlinE: DAL hasn’t recovered at all yet. Looking at historic delta airline price levels, it was consistently high. They were actually growing. They also have dividends. The CEO came out and said positive things. They received government funding. They also have good cash on hand. youtu.be/VuauepBwefQ - CEO talking. Longby JacobTrader100336