If we dont get a bounce soon we are going to die !
Hello traders, Looking at hourly chart for air canada, we are starting to see, multiple bullish divergences, which indicate bullish reversal. We are starting to see head and shoulders pattern starting to emerge, and bulls need to break 16.15 convincingly for breakout. In case of bullish breakout, the next target is 16.80. Happy trading!
Air Canada will hit the $14 mark mid to end of October possibly due to travel restrictions. Then will most likely reach the $20 mark after New Years.
Can Air Canada get momentum and start climbing? Could go to $30 with a nice rip !
Bearish. If the US airlines are reporting negative and layoffs then imagine what could possibly happen to AC
Hello Traders, I am back for another AC technical analysis. Looking at the 4 hour chart, we can see that AC has been in down-trend since June 20th high, as the price has been rejected multiple times at 4-hourly 20MA. However, few bullish signals have emerged: 1) Bullish divergence in price and MACD 2) $15.90 has been tested multiple times and bears are...
Right now looking at Air Canada, I still think the price is a dip. It will continue support levels soon and at a higher support level, a triggered rebounce for the next positive wedge is likely to happen. I feel like the chart and the fundamentals speak for themselves. That being said, pursue at your own risk. As always, this is on an opinion based basis.
Since Covid dip, AC has been following this support line. About to hit for third time. Entry beterrn 16.03 and 16.24 Long long
Govt Bailout - Check! - Eligible for $1B Passengers back flying - Check! EU opening up to International Airlines - Check! Oct 22 or 24 CALLs could work! Look for the DIP and BUY Monday morning based on futures right now!
AIR CANADA have up trend will see if go to trend to take force for go up our will broke
Hello traders, AC stocks looking bullish mid-short term: 1) Morning star reverse bullish pattern 2) Daily MA50 is starting to curve upwards 3) MACD is gaining bullish momentum As long as AC closes above $16 next few days, my target will be: 1) $16.80 2) $18.00 3) $19.30 4) $22~$22.2 Stop loss: $15.5
Looking for a bounce on AC, could long to look for shorts or wait for shorts !
I am 21 and besides trading , I have set aside a designated portfolio for long term holdings. Stocks to hold up to 30 years. This is why I believe Air Canada is a suitable stock for any retirement portfolio. 1) Current market price is lower than IPO price from 14 years ago. 2) Given the current market price, there’s a return opportunity of 158% or $30 gain per...
I am expecting the stock price to up go a little bit and then a pullback. After, the real move might take place. Trade with caution!
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