On the analysis we see that GOL is really volatile pre covid.
On the chart it is now looking like a recovery, but because we expect the lockdowns to be extended, it will probably take some more time and wil go back down its old range.
Also because we every time see a nice spike a couple weeks before the summer we expect that this stock can be really promising in a long term.
About GOL : Gol Linhas Aereas Inteligentes SA, also known as GOL , was founded in 2001 and is headquartered in São Paulo, Brazil. Brazil's largest domestic airline, it operates around 715 flights every day, with its 122-strong aircraft fleet. As we all know the Airlines are hit hard because of the virus.
Please keep in mind that depending on your entry, entering this stock can be a high risk, high reward situation.
On the chart it is now looking like a recovery, but because we expect the lockdowns to be extended, it will probably take some more time and wil go back down its old range.
Also because we every time see a nice spike a couple weeks before the summer we expect that this stock can be really promising in a long term.
About GOL : Gol Linhas Aereas Inteligentes SA, also known as GOL , was founded in 2001 and is headquartered in São Paulo, Brazil. Brazil's largest domestic airline, it operates around 715 flights every day, with its 122-strong aircraft fleet. As we all know the Airlines are hit hard because of the virus.
Please keep in mind that depending on your entry, entering this stock can be a high risk, high reward situation.