Delta Air Lines, Inc.
Panjang

Delta Airlines - Long on retracement

214
A few weeks ago I made a stupid mistake by buying Delta right at the top. After examening my mistake I realised that Delta should be bought on corrections, as it always retraces to previous resistance levels. When close to support (ex resistance), and close to the EMA wave, I watched for patterns that signal the correction is over. As labeled on the chart, there were candle stick patterns and double bottoms. Right now the price is 33.71$ after a gap up, after an idencision day at support and at the EMAs. Allthough I do not know where Delta is going, as you never know, I call today as a good level to go long, with a stop under the previous doji at 31.92.

Im sorry for the lack of details, I have drawn the chart on a rush.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.