As the vaccines roll out and the world over comes the pandemic, travel will be popular among many that have been unable to for the past year.
While still heavily oversold (75% below the all time high in 2018) flight centre remains in a good position to bounce back.
Currently in a rising wedge, price is situated on support and is likely to take off.
AWA's...
The S&P 500 today is testing a trend line that it has held for 10 years. If it closes below this trend line, we will essentially be in official recession territory. It's possible we get a bounce from the trend line, but only if the administration walks back this 30-day European travel ban they announced in a panic yesterday. The travel ban will cause massive...
