Delta Air Lines cools off in earnings week
Delta Air Lines drops 5.8% on earnings day, but structure holds
Delta Air Lines cools off in earnings week
Our view last week
Delta Air Lines is in week 13 of a buy setup that has already completed our model's coverage: all 3 targets have been hit and the trade sits at +38.93% since entry. The stop now trails the Inversion Point, in the 85.5 area, locking in the accumulated gain. Earnings are expected this week, on July 10.
This week's summary
Delta Air Lines stock closes the week down 5.8%, with sellers running the tape — 79% of volume on the sell side — after weeks of a strong run toward the highs. This weekly technical analysis marks a cooldown: RSI from 72 to 64, MACD losing steam, even as the structure stays bullish. Earnings land today, an event that can swing the stock hard. The trade is still up more than 30% since entry.
IQS Phase
56
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#43 / 129
US stocks in progress
Trade P&L %
+30.90%
from signal to today
restricted Platinum content