bull case:
-double bottom w/in double bottom
-consolidation
-making higher lows
-airlines cutting jobs and becoming leaner
bear case:
-airlines were weak before covid
-many realized that a lot of business can be done virtually.
-EPA will start regulating pollution
People are eager to travel, but not business travelers. So will look for longs in travel booking stocks.
-double bottom w/in double bottom
-consolidation
-making higher lows
-airlines cutting jobs and becoming leaner
bear case:
-airlines were weak before covid
-many realized that a lot of business can be done virtually.
-EPA will start regulating pollution
People are eager to travel, but not business travelers. So will look for longs in travel booking stocks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.