Delta Air Lines (DAL) NewsBite - One of Today's Top Gainers
Posted: Thursday, September 10, 2009 2:56 PM EDT
By: Market Intelligence Center Staff
Delta Air Lines (DAL) leads the list of top gainers so far today and is now at $8.15, up $0.82 (11.19%) on volume of 23,839,920 shares traded. Over the last 52 weeks the stock has ranged from a low of $3.51 to a high of $12.65. Delta Air Lines stock has been showing support around $7.00 and resistance in the $7.66 range. Technical indicators for the stock are bullish and S&P gives DAL a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on DAL the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 7 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Delta Air Lines (DAL) Stock ReportSee what our analysts have uncovered about Delta Air Lines (DAL).