Trade idea for Delta Air Lines Inc. (NYSE)

16.04.2021

Technical reviews

#DAL

The overall trend is upward. The descending wave pattern of the H1 level is truncated. The internal pattern is also truncated. Awesome Oscillator (H1) shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where wave (A) breaks through the pivot 2 of the wave With H1 (47.07).

Stop Loss: 46.00.

Target levels: 49.47; 51.70.

 

Author: GC
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