GOL Airlines About To Nose DiveA break below key area would be a simple short setup.
As mentioned back on May 2nd 2021 warning of airlines stocks.
0.04USD
−302.346MUSD
2.943BUSD
140.867M
About Gol Linhas Aereas Inteligentes S.A. Sponsored
Sector
Industry
CEO
Celso Guimarães Ferrer
Website
Headquarters
São Paulo
Employees (FY)
14.048K
Founded
2001
ISIN
US38045R2067
GOL Linhas Aereas Inteligentes SA engages in the provision of air transportation for passengers and cargo. It operates its business through the Air Transportation and Loyalty Program segments. The Air Transportation segment includes services for regular and non-scheduled national and international passengers, cargo, and mail bags. The Loyalty Program segment is involved in the development and management of customer loyalty program, and marketing and redemption rights of products and services. The company was founded in 2001 and is headquartered in Sao Paulo, Brazil.
Long | GOLNYSE:GOL
Possible Scenario: LONG
Evidence: Price Action
Entry point: buy order : 5.83$ in case of pull-back
TP2: 6.12$
TP2 : 6.70
I don't suggest options, the profit is just 50%
Call options, Strike 5$, 11/19/2021
*This is my idea and could be wrong 100%
GOL Airlines Is breaking down from key areaWith the dollar holding up, South America dealing with US higher interest rates, with airlines being Zombie Companies
this Name can really run lower.
$GOL are we trending?$GOL its looking like its making trend continuation patterns.
Look for buy setups
Should I enter in $GOL ( LINHAS AEREAS INTELIGENTES SA) On the analysis we see that GOL is really volatile pre covid.
On the chart it is now looking like a recovery, but because we expect the lockdowns to be extended, it will probably take some more time and wil go back down its old range.
Also because we every time see a nice spike a couple weeks befo
GOL BUY OR LONG , TARGET UP TO $10.10The two symmetrical triangle patterns are consecutive and I believe the similarity will continue to go: $ 10.10
because the second pattern also confirms the price increase.
Buy Gol : $7.20-$7.30
Target Gol : $10.10
Stop loss : 5-7% .
Wish you good deals!
LONG $GOL, longtermBrazilian airline stock $GOL has a perfect set up, bought it last night, and its up 20% already!
Breakout on the ascending triangle could bring in a real big push! Longterm hold for me, will bounce back nicely!
Price Target: $10-$20
GOL airlines Long position set upNYSE:GOL stochastic looking oversold, looking for a good long entry around these levels.
See all ideas
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