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Delta Air Lines Trading Analysis (05/07/2024)

05.07.2024

Market Review

The trend is up. The stock trades in the range between 365 and 135 ЕМА. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition. The downward inner truncated wave structure has finished.

Delta Air Lines stock price chart

Trading idea:                

  • Buy at the breach of 47.46.
  • Stop-loss at 46.50.
  • Price targets at 49.24 and 53.20.


#delta #deltaairlines #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Penulis: GC
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