There is a lot of profit margin to reach the upper imbalance. This is a stock we are currently buying and have enough to risk to make the position risk free now after charges.
Technically we have two very strong supply zones. Here the sell off was due to fear of the coronavirus effect.
The airline industry has majority of which halted.. however the cheap price has now offered lows of 1999, so a great opportunity as destinations open up.
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I've planned to go long as soon as it gets into the 3.5 ~3.45 level. What do you think?
LupaCapital
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@dmcosta, it is definitely a possibility - definitely begin monitoring with price alerts for yourself and watch the key levels on daily closes. But yes we have orders on the red line awaiting. so similar levels to your price