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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 27.60 and 25.36. If the stock breaks down through support at 27.60 then it will probably continue lower to 25.36. The stock has resistance at 31.58 and at 35.89. If the stock breaks up through resistance at 31.58 then it will probably continue higher to 35.89. The 200-day moving average is at 45.61. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (55.02).”
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