Trading Opportunities For Drillisch AG, JD.com And Delta Airlines
Markus Gabel | Nov 08, 2016 05:48AM ET
Drillisch AG (DE:DRIG):
Drillisch AG is one of the largest network-independent telecommunication providers in Germany. The group offers its customers a comprehensive portfolio of services and products from the sector of mobile voice and data services.
An interesting entry opportunity is available here from the perspective of the hourly chart. In the chart, we can see a young upward trend with a correction zone between €42.69 and €39.92. The price went into the lower area of this zone and is now forming the first reversal signals there. With a tight stop, one can speculate on a trend continuation here.
Jd.Com Inc Adr (NASDAQ:JD):
JD.com is a Chinese online mail-order house. The platform offers products in almost all areas of the consumer goods industry: this includes the fields of telephony and computers including accessories as well as further electronic devices, clothing, shoes and bags; garden and home; jewelry and watches; aside from this, JD also distributes sporting goods, beauty products, toys and automotive accessories. The company offers its services via the homepage JD.com as well as via mobile application possibilities.
Unfortunately, the chart is not showing its good side. Here, too, there is also an interesting entry signal in the hourly chart. This chart is similarly still in a young stage with a correction zone between $30.01 and $22. The price already found itself briefly before the last point three once, only to then pick up the downwards movement once more. This could now also continue on and reach the point two.
Delta Airlines (NYSE:DAL):
Delta Air Lines Inc. is among the biggest airlines in passenger and freight transport in the USA and the whole world. Furthermore, Delta Airlines is considered one of the leading transatlantic airline carriers. The focus of the company is on passenger transport: over 90 percent of revenue comes from transporting people; around seven percent from the sector of freight transport. Each day, including all its alliances, the company offers 15,000 flights worldwide including all its alliances. The fleet consists of around 800 airplanes.
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Despite the size of the company, the chart is showing considerable weakness, at least from the perspective of the hourly chart. We see a valid downtrend with a large correction zone between $40.11 and $50.50 on the upper side. In the meantime, the price has corrected the last short movement until the middle of the correction zone, yet the correction could definitely still continue on further. Therefore, one should place this value in the watch list for the time being.
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