Today i have something special for you! A company that lost 98% of its value in one year.
Norwegian Air Shuttle is a pioneer low-cost airline company with 7.64Bil usd debt!
Just 6 of the 140 aircraft i are still flying.
600 employees from 11000 are still at work.
Norwegian presented a rescue plan that included slashing its fleet, debt conversion and a rights issue...
Today, we have a short setup to share. Here we will give you a full explanation of what we expect
a) First we want to see the Weekly chart: We can see a major resistance level
b) Working from that level, we can go to the 1H chart. Here we can see a range with an inner zone ( Minor support zone / the expected target...
Thanks for viewing and sorry all those Aviation types who are hurting.
Just a short one,
Demand is deeply impacted, and there are yet to be any signs of a pick-up as yet.
Stocks don't often lose 69% in 60 days and then just turn around and head for new all-time highs. Especially, when two studies came out last week showing how the virus - that shall not be...
Have been looking at airline stocks for a while now;
If we look at the technical analysis, it is reaching a key support level on the 1H timeframe however if we look closer at the 15M timeframe, we should be expecting a retracement back up
If we look at the fundamental analysis, it's ratios are still not as good as its competitors like southwest airline.
Based on technical analysis, the idea is to hold. Prices are moving in a sideway trend and there are not a lot of signal for a short or long term investment.
United, American, Delta, Southwest — Airline stocks rallied on Wednesday as positive vaccine news gave investors confidence about a return in air travel demand....
💰 LET'S GET INTO SOME DELTA AIRLINES ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- 12 Hour Chart
- Red Engulfing Candle
- 3/3 EMA DOTS Red
Told you specifically to watch that uptrend support, if broke to go short. Now we approach stage 2 of support, the horizontal level. Break...
💰 Man these airline stocks are in nice setups for some serious plays.
Almost identical to Boeing as we are now sitting right above the long term support green line.
If we break above the red line that we are currently under that would be a breakout attempt to go long. Break below green we look for a short.
Line up the ema dots and the Crossover strategy candles...