Juan Pablo Gonzalez
Short

CPA, retracement, short to 101

NYSE:CPA   COPA HOLDINGS SA
27 0 0
CPA             is having a rough time right now with the money stuck in Venezuela, plus added competition in the region and inside Panama, for the first time they are looking to diversify into the european market, with the earning comming and no news of the money inside Venezuela, even low gas prices wont help much, added to that is a strong technical analisys that suggest the B wave of a three wave correction in under way, and should hit around 101 before going back to 120
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