AC has breached the upward trend channel, accompanied by a Head and Shoulders formation. The neckline support, situated around 18.05, has been breached. I anticipate a downside potential with my initial target at TP1 = 17.03 and TP2 = 16.57 CAD $. Best of luck to everyone, but please remember that this solely reflects my opinion. Conduct your own analysis and risk...
Looking juicy.
Weekly chart shows higher highs and higher lows, and when RSI hits 40, reverses trend from down to up.
Broader marker is the only unknown, and will get in when weekly shows consolidation.
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I been preaching Trading is simple but not easy. It is based on following a winning trade plan. & how do you find such a plan? Try & fail, Try & succeed there is no other way. There is the possibility of a...
AC heading out to taxi for next flight. Divergence on 1hr MACD. Lower lows in price divergence with higher lows on MACD. $sold a bit early at $25. $21 likely the target. Strategy would be dollar cost averaging on way down with 1% positions and then more aggressive when MACD bounces off the zero line. Target 29.50
Watch the zero line on MACD being crossed on 1hr,...
hello 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...
Great opportunity for pullback coming up TSX:AC
Wait for confirmation on H4 (Couple of long wick candles rejecting the trendline with multiple attempts. As weekly trendline going with 4 touches above and 3 touches below. I also identified supply (red) and demand (green) rectangle on weekly chart. Im going with a ratio of 3.65, but i'd be confident with a ratio...
hi everyone...Air Canada stock is making a ascending triangle on bullish divergence area of Macd and RSI.. this is potential the price can test $22 and above
the price is also have the 50 sma so price most likely will make uptrend channel
good luck
AC is now bullish as wave 5 of Wolfe has finally completed and formed a diamond reversal pattern. First target is the lid of that corrective channel and if successfully penetrated, the final target is shown in the arrow.
✳️Position ID: 2
📈Stock: AC
🏦Exchange: TSX
⚖️Leverage: 0% (x:x)
💰Price: 17.31$
🔥Quantity: 2
🐃Position: Long
⏱Duration: 6 months to 5 years
💥Upside: 29.31% at 22.38$
*Info based of Q1 2022
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas,...
My friend is heavily invested in Air Canada and was looking for some potential break outs (or break downs!), so I ran through the whole analysis playbook of how I look at stocks.
In this video, I cover how to analyze price action, fibonacci, some pattern techniques, moving averages, and ichimoku.
Overall, I'm looking to buy the dips with optimal entry around...
TSX:AC
Hello there!
Airlines are the next bullish trend with the recovery from Covid. I expect AC to perform well in the next two years. In the short term, I noted a repeated pattern with the triangle in the chart.
