Today’s instrument is the Delta Air Line Inc.’s stock traded in NYSE under the ticker DAL.
Looking at the DAL’s chart, we can see that after a strong upward movement, it was lastly traded at around $38.10.
This week it is announcing its quarterly earnings and if the market’s anticipation is positive then it could reach its resistance level at around $41.50. On the other hand, it should stay grounded at its support level at around $33.