Technical Analysis – 13 January 2025

Shares closed higher above the 50dEMA with a surge in volume. 5dEMA just crossed the 20dEMA.
MACD is positive, RSI is constructive.
Long – Entry 17.0 Target 19.0 Stop 16.0

Shares closed higher above the 50dEMA with constructive volume. 5dEMA just crossed the 20dEMA and 50dEMA.
MACD is positive, RSI is constructive.
Long – Entry 10.60 Target 11.60 Stop 10.10

Shares closed at a 5-month high above the 5dEMA with rising volume. The 50dEMA is about to cross the 200dEMA.
MACD is positive, while RSI is at an overbought level.
Long – Entry 46, Target 50, Stop 44

Shares closed above the 50dEMA with an increase in volume. The 5dEMA crossed the 20dEMA.
RSI is constructive and MACD is positive.
Long – Entry 15.0 Target 16.2, Stop 14.4

Delta Airlines, Inc. (DAL)

4Q24 Revenue: $15.56B, +9.4% YoY, beat estimates by $1.08B
4Q24 Non-GAAP EPS: $1.85, beat estimates by $0.11
1Q25 Guidance: Expect 1Q25 revenue growth of 7% to 9% with EPS of $0.70 to $1.00 per share, vs consensus between $0.65 and $0.97.
FY25 Guidance: Expects annual adjusted earnings of more than US$7.35 per share, alongside free cash flow of more than US$4bn
Comment: Delta Airlines posted a robust earnings report, driven by sustained strong travel demand, which the company anticipates will extend into 2025. The airline industry continues to benefit from a post-pandemic surge in travel, with market expectations pointing to this momentum persisting throughout the year. Delta noted that 2025 has started on a positive note and reaffirmed its outlook for a record financial performance. The company is capitalizing on growing demand for premium travel, as customers increasingly opt for enhanced seating options and rewards credit cards. Additionally, the financially resilient U.S. consumer remains focused on spending more on experiences, further supporting Delta’s growth trajectory. 1Q25 recommended trading range: $62 to $77. Positive Outlook.

达美航空 (DAL)

24财年第四季营收：155.6 亿美元，同比增长 9.4%，超出预期 10.8 亿美元。
24财年第四季GAAP每股盈利：1.85美元，超出预期0.11美元
25财年第一季指引：预计 1Q25 营收增长 7% 至 9%，每股收益为 0.70 至 1.00 美元，而市场普遍预期为 0.65 至 0.97 美元。
25财年指引：预计全年调整后每股收益超过 7.35 美元，同时自由现金流超过 40 亿美元。。
短评：达美航空发布强劲的盈利报告，受到持续强劲的旅行需求推动，该公司预计这一趋势将延续至2025年。航空业继续受益于疫情后旅行需求的激增，市场预期表明这一势头将在全年持续。达美航空指出，2025年开局良好，并重申了对创纪录财务业绩的展望。该公司正在利用对高端旅行日益增长的需求，随着客户越来越多地选择增值座位选项和奖励信用卡。此外，财务稳健的美国消费者仍专注于在体验上投入更多，进一步支持了达美航空的增长轨迹。25财年第一季度建议交易区间：62至77美元。积极前景。