Delta Air Lines May Be Losing Altitude

We last talked about Delta Air Lines (DAL) at the end of January. We noted that the price of DAL was pulling back and opined that it might become a buying opportunity. Let's check our Group Number and the latest charts and indicators to see if DAL is still on course, or if the boarding has been delayed.

In this updated daily bar chart of DAL, below, we can see how it has been unable to break above the $52 level after repeated attempts in December, January and February. The slope of the 50-day moving average line has turned down, while the 200-day average line is still bullish....148 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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