0SE9 trade ideas
Accumulation stage - Swing tradeHey
AC is entering a triangle shaped channel and has healthy buying pressure. Likely to break upwards. Since mid May, it has recorded higher highs and higher lows. There has been lots of bad news this weekend (Covid cases up in the US) and yet there is healthy buying pressure.
On the 22nd, there was news from Trudeau that travel restrictions will not be eased in the present time, and this news did not have a negative impact on the trading day. I believe this news came out at about 12pm. Trudeau will review restrictions agains in July.
This is a good time to add to your portfolio or enter for a wing trade.
It is likely to have good returns should travel restrictions get eased up in July, with low risk to the downturn in the interim. Its also near a dip in the present trading channel. Confirmation for the upside to follow tomorrow.
Entry 19.00
Exit 23.00
hold till made to late July anticipated.
I bought a 3rd of my allotted shares for AC. Make sure to keep some cash in order to price average should the value tumble a little.
Time for a fly Air Canada Seems like the Canadian Government is all set to give green light to let AC fly. Go uppp
Regression, projection for future wave formations in ACIf continues the uptrend could soon hit resistance. If not will fall to support where can be bought until hits next resistance level, shorted as falls to support and continues again. News to fly or not to fly will affect returns.
$AC Could be a BUY on the DIP monday morning!Govt Bailout - Check! - Eligible for $1B
Passengers back flying - Check!
EU opening up to International Airlines - Check!
Oct 22 or 24 CALLs could work!
Look for the DIP and BUY Monday morning
based on futures right now!
AC today 11-06-2020Seguiu até ponto de resistência para devolver ganho,mas recusou o ponto de abertura que estava off da linha de suporte do canal de baixa, aonde deverá vir a fechar no final do dia.
Air Canada takes off from key resistance levelAir Canada just broke above the Covid-19 crash high in May.
One more run for ACAC still has one more run to go if there is not negative new of the pandemic until Monday. This can take us to 25/26 $ range.
Air Canada looking for 20% run?Hello traders,
AC stocks looking bullish mid-short term:
1) Morning star reverse bullish pattern
2) Daily MA50 is starting to curve upwards
3) MACD is gaining bullish momentum
As long as AC closes above $16 next few days, my target will be:
1) $16.80
2) $18.00
3) $19.30
4) $22~$22.2
Stop loss: $15.5
First time Hi, this is my first time after watching many videos on YT to learn about S&R and the 50 EMA. and a trend line. Can I get some constructive criticism. I am hoping there is none. Thanks!
