jaxdog

$CPA On Breakout Watchlist

Long
NYSE:CPA   Copa Holdings, S.A.
Copa Holdings is in the Airline and Air Transport business mainly in emerging market areas. I’ve marked up this weekly chart and missed it as a trade in November 2022. It’s now looking like it may be ready to breakout of a 2-year base / area of resistance. See notes on chart for more details.

I’ll be ready this time as I set an alarm on the 2-year base area (it triggered yesterday and today but I wanted at least 2 closes over that area before starting a position). Maybe this should be on your watchlist too. Hope it helps. Ideas, not investing / trading advice.

Ideas I publish are my own. These are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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