Logic: economic recovery/bounce back idea. Entry: €64.50 or ideally at yearly S3 support, €55-€56 area. Stop: €56 or < €48 in second case. Risk: -13.18% or -14.29% Target: initially €78.13, longer term mid €90's Gain: +21.13% or +39.52% Note: high risk/reward longer term speculative idea. AIR remains in downtrend.
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Gap close from 12th March at €84.95. Upside move "too far too fast". Despite that more upside in store however may need some pullback/consolidation before moving higher.
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AIR back in a downtrend with failure to bounce off EMA support suggests lower - possibly into S3 yearly pivot..