timwest

Delta Airlines - DAL - Daily - Top formation - Trend Down

Kort
NYSE:DAL   Delta Air Lines, Inc.
6
Volatility the last 2 days in DAL makes it look risky to short DAL here, but the "range movement" made a two-month low. We can wait for an overbought reading to sell short OR sell short some here and some on a little rally.

Leave some to sell short on a decline under the current lows AFTER a bounce.

Looking for 10% to 15% down in DAL.

Tim 38.17 -2.14 last

FWIW - I haven't been all that accurate in DAL - but maybe I am due.

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