Since the earnings from Delta Air Lines on Jan 12, the stock has been in a bit of rut.
It was trading just above $50 on Jan 12 at the close and slowly worked its way down to around $46.50 by Feb 1 and Feb 2.
Since then it tried a jump, and is now back under some selling pressure.
A FullyInformed Member, Amy spotted a trade this morning in Delta Stock and posted it to the members only forum. I like the stock and have traded it for a couple of years and decided to review Delta Stock to determine any potential trades that looked promising.
Here is what I found and the trades I decided to enter.
This trade alert and strategy discussion on Delta Air Lines Stock (DAL) is for FullyInformed Members.
Delta Air Lines Stock Trade Alert Feb 8 2017
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.