Hello fellow traders and investors Air Canada has pulled back to the trendline which acts as a support. Our take profit target is placed around the 29$ area offering a 13% ROI.
Take Profit: 29$
Stop Loss: 24.75$
Technicals:
- RSI=Oversold
- 8SMA=Still indicating a downtrend
Fundamentals:
- Market Cap: 8.66B
- Sales Last 12 Months: 2.84B
- P/E:
- P/S: 3.05
- Debt/Equity: 2.14
- Sales growth yoy: -80%
- EPS growth Q/Q:
- Profit Margin: -172.60%
- Short Float:
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Take Profit: 29$
Stop Loss: 24.75$
Technicals:
- RSI=Oversold
- 8SMA=Still indicating a downtrend
Fundamentals:
- Market Cap: 8.66B
- Sales Last 12 Months: 2.84B
- P/E:
- P/S: 3.05
- Debt/Equity: 2.14
- Sales growth yoy: -80%
- EPS growth Q/Q:
- Profit Margin: -172.60%
- Short Float:
If you enjoyed the analysis make sure to like and follow for more!
