Delta Air Lines Trading Analysis (02/09/2024)
The trend is down. The stock is trading in the range between 365 and 135 ЕМА. The upward wave structures are truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trading idea:
- Sell when the formation of the descending wave structure begins, when the wave A breaches 41.86 …