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TRANSAT AT INC

Would Air Transat Close the Gap?

By learn2trade
Updated
After Air Canada's rejection of the takeover offer at $5 per share, Air Transat experienced slight turbulence and cratered around 20% this morning. Is that a buying opportunity?
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Looking at today's close with a hammer candle, there seems to be demand in $4.40 - $4.50 range
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Gap successfully filled!
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