DELTA : Switch to HANA.
March 6, 2011 Leave a comment
It looks as if a switch from DELTA in to HANA might be wise. Delta is at risk of a pullback to 25 or so, with 27 the first support this week, and indeed the break down point.
To turn things around Delta would need a close above 31 to start things off , but unless a weekly break above 34 somehow materializes, the risk of consolidation with a downside bias looks strong to us.