AZUL trade ideas
Azul Brazilian Airlines S.A ( Azul3 ).The stock has two possibilities and scenarios, with no third option, either it is in an Ending diagonal wave and we are in the (C)/(3) leg of the diagonal going to 4rth leg (D)/(4), whose borders are between $5.60 - $6.50, or we are in an irregular flat wave major correction that will take it to the $35 level in a Bearish Crab pattern by breakingup 14 $ ... either & In both cases, the stock is targeting above $5 in the short to medium term ,,,, any breaks up of Level & Resistance zone $14 , It will take it to the target price $35 ( means massive positive news ).
Azul Brazilian Airlines S.A ABCD pattern has been formed , Bottom reached and Stock Rebounded from 0.4800 $
Stock as we can see 👀 on Ending Diagonal shape, and its target price 2.80 $ - 2.88 $ near future coming ( 1 - 2 Months) - short term
Last couple of days, it formed a bullish shape called [ ]
We expected today breaks up Resistance level ( down Trend line ) at 1.10 $
Then , a Motive wave will start up to 1.55 $ - 1.60 $ .
If the wave is Motive and Powerful, it can continue to 2.59 $ and above to 2.88 $ ( open free zone depends on liquidity and Stock Maker ♥️) .
Highly recommended for Buy as much as you have 💯
Azul in the best buy scenarioAzul (AZUL4) has improved its latest quarterly results, in addition the price is at pandemic crash levels. In general, Brazilians dislike three sectors: retail, slaughterhouses and aviation. In my opinion, this is an opportunity. Targets in Fibonacci extensions: 0.618 (R$21.63), 1 (R$27.60), 1.618 (R$37.25) and 2.618 (R$52.87).
Which Direction will AZUL Airlines RUN?Hey guys! Which Direction do you think Azul Airline will go? My idea is that Azul will give a short reversal to the support lines before finally cutting through and heading up further into the $30, then possibly doing another reversal or consolidation before traveling higher to the $35. Tell me what you think. I appreciate all the feedback.