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Delta Air Lines (DAL) shares pushed higher on Tuesday after the U.S. airline raised its revenue guidance for the first quarter to high-single-digit growth. As investors reacted to the positive financial update, DAL rallied past its 200-day moving average (MA), indicating shifting momentum in favor of the bulls.
Versus its year-to-date high, Delta Air Lines stock remains down roughly 13%, reinforcing that there’s still time to build a position in it at a discount.
