Delta Air Lines, Inc.
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Delta Depression breakdown analysis: where is the support?

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With this last downleg, we have hit the 0.5 fibonaci level, in one break out. and it its not over.

If this is the beginning of a longer term downtrend, after we break support, the next support seems to be around 10/7/5 dollars, where I think volitle accumulation will happen, before consolidating around 10$ and moving again.

Look for one or two weak impulses to the upside to take short positions, stop loss at 37, with profit targets at 23-20, 12, 8.

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