Delta Air Lines on the runway for 10 weeks: 3 targets hit, trade at zero risk

Delta Air Lines is 10 weeks into a buy signal, with the trade up 24% from entry. All 3 targets of our most advanced model were reached between week 6 and week 8: the stop is now at breakeven, risk is zeroed out. Discipline suggests sizing down 30% in this final window, with the price hugging historical highs.