Never financial advice. Just offering perspective.
On the weekly timeframe currently looking for some bearish confirmation going into this week. The previous all time highs were swept and DAL may be looking to offer a discount for investors. Currently price is resting on a bearish imbalance that looks encouraging for bears. Would like to see the bullish imbalance below current price get mitigated to further this thesis.
The monthly outlook also has a bearish imbalance that it has reached but also is in the process of forming a bullish imbalance which would be lost if we close October below 43.26.
Overall the structure is bullish but could see a swift or very slow move back in to bullish discount for a continuation up.
Earnings are in 4 days.
I'm more interested in a bearish short term move. The model would complete at 17.51.
On the weekly timeframe currently looking for some bearish confirmation going into this week. The previous all time highs were swept and DAL may be looking to offer a discount for investors. Currently price is resting on a bearish imbalance that looks encouraging for bears. Would like to see the bullish imbalance below current price get mitigated to further this thesis.
The monthly outlook also has a bearish imbalance that it has reached but also is in the process of forming a bullish imbalance which would be lost if we close October below 43.26.
Overall the structure is bullish but could see a swift or very slow move back in to bullish discount for a continuation up.
Earnings are in 4 days.
I'm more interested in a bearish short term move. The model would complete at 17.51.
Trade fechado: stop atingido
Unfulfilled.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.