$DAL Delta Air Lines Inc Stock Robo Analyst April 15 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 implies it is in a negative trend.
The stock has support at 20.76 and 19.10. If the stock breaks down through support at 20.76 then it will probably continue lower to 19.10. The stock has resistance at 32.86 and at 35.89. If the stock breaks up through resistance at 32.86 then it will probably continue higher to 35.89. The 200-day moving average is at 53.43. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (24.18), so look for a possible rebound soon. Confirm this with the Short-Term Opinion and Daily Opinion to keep from exiting prematurely.”