Ryanair is now trading at close to its all-time highs. However, strong bullish sentiment could now be fading with traders/investors likely to take profits given the sharp appreciation over the past 12 months.
Ryanair levelled up 2.49% over the past 5 days.
In terms of returns, it has outperformed the Nasdaq by 142.46% so far this year.
Ryanair is currently...
The PEAD projected a neutral outlook for $RYAAY after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%.
The PEAD projected a Bullish outlook for $RYAAY after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 25%.
The PEAD projected a Bullish outlook for $RYAAY after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 30%.
The PEAD projected a Neutral outlook for $RYAAY after a Negative over reaction following its earnings release placing the stock in drift C
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I'm seeing an inverse head and shoulders on the hourly, which lines up as the right shoulder of an inverse head and shoulders on the daily. The hourly oscillators are showing bullish divergence on both the RSI and MACD.
Current chart situation looks good for Ryanair.
The current trend channel, seems to be in place and can give another course boost.
MACD gives also positiv signals and MA200 points to a cheap price ready to go.
$RYAAY posted negative earnings with the PEAD reflecting the results in its projections with a bearish outlook. price is currently trading around the upper boundary.
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RYAAY looking to break out of its rising cup and handle formation. We have a huge gap to fill to the upside, so if we are able to close above the critical level we may see a run up this week.
RYAAY - Price and volume breakout
Shares broke through another strong resistance level in today's session at 64.65. Watch for price retracement or continuation above 64.65 to go long
It seems like the price is trading on sentiment right now.
The Positives :
There is talk that the curve has been suppressed.
The worst in Spain and Italy seem to be over.
Austria is looking to relax the lockdown.
The Fog :
However, we miss fundamental news. That, if you know more about please let me know.
How soon will the airline be allowed to...
Ryanair Holdings Plc engages in the provision of low fares airline-related services. It includes scheduled services, internet, and other related services to third parties across a European route network. It also offers various ancillary services, and other activities connected with its core air passenger service, as well as non-flight scheduled services,...
