AAWW continues to benefit while $JETS and stocks like $SNCY continue to push new lows, if you are looking for airline exposure I do believe you will see the best return here compared to the broader sector. Good luck traders!
All right folks, boeing on the 1day has officially broke the VWAP and has continued to fall post-market. Now is a good time to take advantage of the negative news as well as the market correction. Delta rising, boeing problems rising (mechanical, etc).
Why short boeing
MACD bearish volume with no curve
VWAP broken without big bounce at VWAP
RSI has new...
Looks like BA has reached potential support.
Looking for signs of bottom to go long on the 15 min chart and for the 100ema to cross under the 200 on the 4 hour into daily chart to present possible price reversal.
Looking for entry around $200 - 190.
Take profit around $300
1. In line with post Covid trendlines.
Delta Airlines experiences correction for about four months now. ADX continues to climb above 27 points which suggests that trend might be near its peak. In addition to that RSI fails to cross below 30 points. Such phenomenon in RSI tends to correlate with strong bullish trend of higher degree and weak bearish trend of lower degree. MACD and Stochastics remain...
So it has been reported that
What can drive the stock down
EasyJet also revealed that it expects to report a pre-tax loss between £360m and £380m for the first half of its financial year. The airline will incur significant fuel costs because it has already bought jet fuel for its planes, with no certainty of when they will fly again.
EasyJet grounded its...