Long position on SAS Seting a trap for long position on SAS.... OMXSTO:SAS
The fact that I am giving this signal for free shows I am still a newbie. Good to know SAS is playing bankruptcy, but that is quite difficult looking who owns it in my opinion. Target 1.3 to the end of the year, but most probably much sooner. Be wise, don´t work for money make money work for you.
SAS(Scandinavian Airlines) has been butchered through 2020 as well as many other of its peers. Maybe now is the time to consider a contrarian bet on this stock? After experiencing extreme volatility to the upside and extreme volatility to the downside, SAS looks like it´s finally consolidating. it has a nice support area ranging from 1.57 to resistance at 1.93. It...
Will SAS rise from dead? Already up a decent amount from All time Lows.... Does this have a lot further to run or is it a fake out?
Will not touch any airline stock at the moment. Saying that, Ill keep an eye out for the 2012 low in June at about 5 Krone. Until then atleast I will stay away.
Trying an small swing trade down. Even thu it got a good gain here the last trading day this friday, i dont see it go any futher on the short term. They still have the sue against them and i think it was around 340 mil they wanted ( give or take ) Corona virus is still in play - i dont think its over yet The strong support at 10,40 Ish broke and it´s still...
SAS dropped a lot today due to Q3 presentation. Looking at a retest of the Order Block @13.10 for a potential entry.
I think it will take a month. Where is slowly will return to 17kr, or maybe up to 25.
Building on previous long term long postition
Upside in perspective of historical seasonality in airline company SAS? - Please, share your thoughts!