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zenith7
May 7, 2020 3:52 PM

Possibly a long set up in the making. Long

AIR CANADATSX

Description

I am expecting the stock price to up go a little bit and then a pullback. After, the real move might take place. Trade with caution!
Comments
tn5000
what's the re move you're referring to?
zenith7
@tn5000, I think it's setting up slowly right now.
caojingyi1997
It got pulled back to 16.50, do you think it will go even lower before a bounce
JCDAIAN
@caojingyi1997, i need a serious answer on this one too , I am hopping to get in very close to the bottom of it.. , tomorrow I wanna get in and get loaded , then wait to reach 20$ again in a week max..as the pattern shows,
caojingyi1997
@JCDAIAN I do see an issue with AC since the investors are no longer confident in them after earnings out. There have been sell offs in every upswing.... I'm also looking at CGX but I don't feel comfortable to invest until their earnings are out
JCDAIAN
@caojingyi1997, I am looking for 7 day max flip here at AC,not to hold any stocks longer, it will probably go down in the summer under 10$, but till then it might be time for more deals here..
zenith7
@caojingyi1997, It's hard to say because of the economy. I think it's moving up right now slowly.
techserve2020
what do you suggest should be the TP target
zenith7
@techserve2020, It's up to you. I would use pivot points or the moving average on the chart.
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