$DAL Delta Air Lines Inc Stock Robo Analyst June 11 2020 #DAL

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 27.60 and 24.46. If the stock breaks down through support at 27.60 then it will probably continue lower to 24.46. The stock has resistance at 32.55 and at 35.89. If the stock breaks up through resistance at 32.55 then it will probably continue higher to 35.89. The 200-day moving average is at 46.56. This will also act as resistance. The stock is extremely overbought according to the Stochastic Indicator (85.91), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”