AC Flag patternafter finishing its entrancement, the price has exceeded its descending trend, also RSI shows the end of its descending trend . meanwhile a flag pattern has shaped, and give hope for an ascend to ~36 - 38 CAD$ by sam_jfi3
TREND ANALYSIS FOR AIR CANADA!!! *GOOD ENTRY POINT*simple trend lines indicating a bullish day for air canada tomorrowww!!!!!!!!Longby dalzak6
AC (Request + just looking)I have gotten a bit tired of AC because it goes for long periods of time not moving, then suddenly does $12 in a month lol It IS a good LONG term hold. AC is attractive at any price if your target is 1-3 year hold. If I were to buy into AC I would accumulate Call options that expire a year out (which means I will be in the red but I would cost avg over 3-4 times) and then benefit from a move like the one it did in December. That would be my strategy. Otherwise, Buy the shares and just hold, again waiting for a move. There is a gap fill which may be met. But it is sitting on a lot of support. Could go either way. I would not buy it into a swing trade, you would have to be willing to be very patient and cost avg. or accumulate. by tsx_trader443
AC LongLong Pros Good Technical: -50% Fib Pullback -Bouncing of MA's -Slight Higher-highs -Overall impulse is up -Strong bull dailys Long Cons: -COVID government restrictions -Layoffs news by kappymanUpdated 0
AC LONGDon't know much about the news and it seems to me that the news will be already included in the ticker price already so I can only go by what I see... 1) The daily bollinger bands, or the moving averages if u will, the 20 (middle bollinger) and the 12 (blue line) have crossed below which is very bullish and that is when the jump happened to the upper bollinger with a pullback on Friday which is normal. Overall, bullish move. 2) The RSI has been creeping steadily higher and is in convergence so no reason to think a top was hit and the next resistance will be 60 RSI on the daily. 3) Bull Flag, with the 23 dollar level holding quite nicely which is a fib retracement of 50%, which is a bullish move in itself. 4) The overall fundamental analysis for AC overall for 2021 is Bullish and this is a discount i do suspect. 5) People worried about layoffs need look at Canopy Growth which has had a surge after the initial announcement of layoffs in Canada. 6) If this was wave one completed and wave 2 has just consolidated then wave 3 target is on the board with 34 dollars being close to 100% which seems perfectly reasonable if you ask me... Sincerely, JustinLongby Ove888113
Air canada will go $20 soonoA news just comes up saying air Canada has cut 25% capacity and layoff 1700 employees, if you are looking to invest in this stocks i would recommend you guys to a little more until it get down to $18-20.by rajmandeep716553
AC Volume/Strength Analysis1. - Dip into previously drawn out liquidity pool. - High volume; double the 20 day average volume. 2. -Dip onto expected bottom. -Low volume on the bottom; less than 20 day average. 3. -On initial bottom the RSI was oversold. -On next low testing the support the RSI is trending upwards showing a divergence. Looking forward: -Price has been sitting around a short term resistance showing strength bouncing off the bottom. -Another touch of support on even lower volume could be a great sign to begin an uptrend shortly. -Also watching for a high volume breakout pulling back to previous resistance and establishing uptrend. Longby koples112
Air Canada Wyckoff Beginning to accumulate currently. Quick accumulation in new year followed by min 40% gains. Longby koples1
AC LookTSX:AC Air Canada may have a bounce before going further down. Short time up and downtrend still. Good for day traders.by AshYo0
Air Canada, $AC - Testing the previous resistance as support.$AC price failed to find support of the fib line, testing the old resistance. If support fails, retrace to 20$. If holds and reversal confirmed, on to 30$.by IIICENSOREDIII441
Price target $43As I have pointed out in my previous analysis (), the recovery has already begun and is right now it is in full swing. My own position is currently up around 40%, and I will continue to hold for the near future. Longby JimJJ1