This is the Delta Airlines chart for this year. The chart is just to describe the question and not get any personal advise.
Can we look at the chart for this year and speculate about the stock's potential rise by looking at its technical characteristics?
From the chart you can see that DAL has support in the $37 area and resistance around $43. However, that's a hindsight conclusion and it has no predictive value.
Like other stocks, DAL will move up or down based on company news as well as what the market does.
