DAL (Delta Airlines) -FLAG/Pennant pattern: On its way to $12?

DAL: Delta Airlines stock is forming a Pennant/Flag pattern.
The DAL stock jumped from around 6.xx to 9.xx in a sudden move with high volume. Since then it is trading in a narrow range which is getting narrower on a declining volume.

Nice Call options play or a trading opportunity with a stop loss around 8.79/8.49 level.


The stock is in an accelerated upward move so I would keep an eye on any Open with a gap.

"Delta Airline" DAL- Delta Airlines stock having REVERSE signal today

Delta Airlines stock along with NWA and AMR has staged nice trend reversal today. They were doing down and then suddenly strong buying interest emerged which lifted their prices to close in positive territory. This was surprise move as most market indices were going down same time.
Delta Airlines a good buy at the current level of$8.5 with a stoploss at $7.89.