Air Canada (AC TSX) new updatehello everyone...
this is for Canadian stock tsx air Canada stock ticker AC
in my previous analysis the trade hit the target of $23
immediately after that the price pulled back and currently trading around 18
The price reached the support level... the price could consolidate till the earning and revenue report
depending on the report the price can pull back to strong support area... if news is good then price can continue in an uptrend direction.
Looking closely to daily and weekly timeframe the price seem to go in an uptrend direction..
the highest price can reach this year is about 28-30 since that is the strongest resistance area since 2017... if that is broken then 50...
good luck..