Tag: Delta Air Lines
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An Insider Just Bought 10,000 Shares of this Airliner
Keep an eye on Delta Air Lines (DAL). After gapping from about $47 to a low of $43 on earnings and guidance, the airline stock is starting to pivot higher. From its last traded price of $44.95, we’d like to see it initially refill its bearish gap at $47. Helping, director Willie Chang just bought…
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Top Ways to Trade Summer Travels
It looks like smoother sailing for cruise stocks. After being capsized by the pandemic, many are showing big signs of life again. Carnival (CCL), for example, is up 13% on the day on heavy volume after Bank of America said demand is trending higher, and in some cases, surpassing pre-pandemic levels. Bank of America upgraded…
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Delta Air Lines Stock is a Bargain Here
Keep an eye on Delta Air Lines (DAL). After gapping from about $40 to about $28, the stock appears to have bottomed out. From a current price of $31.75, we’d like to see it refill that bearish gap initially. Even Citi analyst Stephen Trent appears bullish on the stock. He notes the pullback went a…