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Could Delta Airlines (DAL Stock) reach the 41.50 level?

Palantir falls into the hands of value investorsBiedex Markets - stockmarket news, ideas tools, data, analysisInvestingfalls
Palantir falls into the hands of value investorsBiedex Markets - stockmarket news, ideas tools, data, analysisInvestingfalls

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.

Written by Judith Nistro