Inverse head and shoulders pattern shaping up on AC. After a 40% bounce in 4 days from the bottom of the head, expect the top of the shoulder to hit today/tomorrow before pulling back and making the right shoulder.
Air Canada chart for follower, JJ Kim. Price has fallen roughly -75% from the all time high in February as global airline stocks have taken an exceptionally hard hit during the coronavirus pandemic as global air travel has witnessed an extreme drop off as countries across the globe shut borders and restrict travel. Price is currently testing and holding at the...
AC.TO trading at a PE of under 4x heading into holiday sales figures after their annual report could pull them back up from this clean support line touch in today's session. I already have a position of AC starting around $22.00 and will be using this pull-back to add to my position.
Good morning all, I hope your weekend was spent well and are ready for another trading week. Air Canada is my favourite stock pick of the year, I was long at $21 a couple of months back and I have seen a solid 26% gain. However, I feel as though we are in for a trend reversal. I still like where I own the stock and will be buying on pullbacks. I can see this...
This chart follows the decline of Air Canada stock through 2015 and into 2016.