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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 implies it is in a negative trend.
The stock has support at 21.63 and 20.50. If the stock breaks down through support at 21.63 then it will probably continue lower to 20.50. The stock has resistance at 24.24 and at 27.60. If the stock breaks up through resistance at 24.24 then it will probably continue higher to 27.60. The 200-day moving average is at 48.28. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (41.99).”
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