DAL Long

2019年11月15日

DAL Long - Daily Chart

I'm long 1600 shares of DAL at $58 average. Delta is my favorite stock to own long-term as of now. I do plan to trade around price action but this a stock that is in my Dividend Compounding Portfolio.6

Some reasons I'm bullish:

Delta's brand is one of, if not the best, in the airline industry.

Industrial's as a sector has lagged the S&P for many years now and is due for a cyclical turn around.

Technical's:

• Developing an inverse head and shoulders pattern (this pattern is not validated until complete)
  
• Developing bull flag - which has just broken top trend line - measured move target: $64.20 (new all-time-high)
  
• November 1st gap-up has been closed as of November 14th
  
• 20 SMA bullishly crossing 200 SMA
  
• 20 SMA about to bullishly cross 50 SMA
  

Fundamentals:

• EPS Growth (TTM vs. Prior TTM) +53.68%
  
• Revenue % Change (TTM) +5.43%
  
• Profit Margin (Most Recent Quarter) +11.91%
  
• P/E (Trailing Twelve Months) 7.96
  
• PEG Ratio (5-Year Projected) 0.70
  
• Dividend Yield 2.85%
  
• 1-Year Dividend Growth Rate 15%
  
• 5-Year Dividend Growth Rate 34.93%
  
• Payout Ratio (TTM) 22.74%