Delta Airlines stock price (DAL) fell in latest intraday trading, as the price tries to gather positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with dynamic support due to trading above the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels.
Therefore we expect the price to rise and target the pivotal resistance of $53.55, provided the support of $45.30 holds on.
Todays price forecast: Bullish