Delta Airlines’ stock price (DAL) fell in the intraday levels while trying to gather positive momentum to rise anew, as it leaned on the support of the 50-day SMA, amid the dominance of the main upward trend while the stock trades alongside the secondary short-term trend line, as a positive divergence forms in the RSI after reaching oversold levels compared to the stock’s movements, sending out positive signals. 

 

Therefore we expect the stock to return higher and target the pivotal resistance of $69.98, provided the support of $60.40 holds on.

 

Trend forecast for today: Likely Bullish