Delta Air Lines Trading Analysis (16/09/2025)
The trend is up. The stock is trading within a range of 365 and 135 EMA. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator and a signal of an oversold condition on the Stochastic Oscillator.
Trade idea:
- Buy at the beginning of the ascending wave structure's formation when wave A breaks the sloping channel of the truncated descending structure.
- Stop-loss at 58.10.
- Price targets are 60.80 and 62.40.
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