THYAO1! FUTURESIt seems that correction started at the end of April 2024 is coming to an end for THYAO1!
Target area is marked on the chart.
Trade ideas
THYAO1! Future dailyA nice rally to north strating from 200 towards 257, breaking downward trend. However divergence on RSI however to confirmed yet. 50 days MA has cut below 100 days MA. Price is approaching to 262-265 resistance area, expect to see a correction towards 229 support, despite huge new orders to AIRBUS. Agreement has not been sealed yet and buying those planes are interrelated to planes that will be out of service in the recent years.
