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mzombie2
Jun 2, 2020 8:39 PM

LONG $GOL, longterm 

Description

Brazilian airline stock GOL has a perfect set up, bought it last night, and its up 20% already!
Breakout on the ascending triangle could bring in a real big push! Longterm hold for me, will bounce back nicely!
Price Target: $10-$20

Comment

up 14% already, longterm hold... way to great to miss out.

Trade active

tbh this is what I wanted... consolidation around this support line of 6.15 gives me time to add more shares... gonna be adding no matter what.. this is 1/3 the price of what high's were!

Comment

fall below 6.15 im bearish... lose 5.13 bear.

Comment

eyeing a break of 8.09... bearish on airlines but gonna keep a watch on this one... chart looks better than US airlines

Trade closed: target reached

I closed my positions at $9-10 area... bounced great on support but I am expecting this to break down further imo
Comments
WOWyumy
Good call there! Is this still a hold?
mzombie2
@TedHectorMess, I personally sold mine couple days ago at around 9-10 average, just need to update my posts! But I do like this stock.. waiting till AAL bottoms out so I can buy some GOL and AZUL again :)
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