gamer456148
Long

AC: $21+ CAD Target -> Long Entry Position (Rebounce Eminent)

TSX:AC   AIR CANADA
Right now looking at Air Canada , I still think the price is a dip. It will continue support levels soon and at a higher support level , a triggered rebounce for the next positive wedge is likely to happen. I feel like the chart and the fundamentals speak for themselves. That being said, pursue at your own risk. As always, this is on an opinion based basis.

Comments

I agree, It seems that the Tech giants in the States are going to start cycling or losing steam, while the majority of other stocks (AC) included appear to have bottomed out, and are hopefully going to go on the upside for a bit.

I am worried about Covid cases in the States and the bank earnings which all may reflect on other stocks across the board.
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gamer456148 tsx_trader
@tsx_trader, Same, but for a long entry and given the expected emergence of air travel after all of this, it can't be too far fetched
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