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Delta Air Lines Inc (DAL) “On a long-term technical basis, the stock (DAL) is trading below its 200-day moving average which generally implies it is in a negative trend.
The stock has support at 26.60 and 21.63. If the stock breaks down through support at 26.60 then it will probably continue lower to 21.63. The stock has resistance at 27.60 and at 30.88. If the stock breaks up through resistance at 27.60 then it will probably continue higher to 30.88. The 200-day moving average is at 44.86. This will also act as resistance. The stock is slightly oversold according to the Stochastic Indicator (29.11).”
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