The Fibocall: Flying With Delta Air Lines

At the Fibocall, we fly from chart to chart to find out where opportunities might be landing. Today we are examining if there is a trade to be made in Delta Air Lines (DAL), as I failed to advise my Real Money Pro reader of these previous opportunities.

DAL generated a long-term overbought signal on June 5; the stock made a new high at $42.66 and then closed down on the day. DAL fell 18% to the July 8 low of $34.77 with no long-term oversold condition triggered....147 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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