Longer-term investment, which I believe is extremely undervalued. Not much technical, other than where me and the crew plan to put our buy orders. Rest is fundamental. Look into politics you donkeys. Fundamentals being - shit opening up, innit.
Target : CAD 31.54
Resistance 2 : CAD 28.61
Resistance 1 : CAD 25.90
Support 1 : CAD 20.59
Strong 2 : CAD 14.75
NEWS & UPDATES
Air Canada (AC) said Thursday that it will resume flights and increase service to certain South American destinations as it rebuilds its flight network following the devastating impact of the coronavirus pandemic on...
Looking for Air Canada to go 2-1-2 on the monthly to the downside to trigger some pain here. 20 days left on the month lots can happen
Formed a head and shoulder on daily if you look hard enough
Looking at entering an AC or CHR trade
- Based on improved demand for flights
- More people opening up to travelling
- Restrictions being eased all around.
Really the amount of ravelling happening is
increasing now, and the real benefits will be
in 2022.
CHR would be a commons trade, where as AC would be in Call options.
I am going to do a bit more looking...
Air Canada is too important to fail. All that taxpayer money should go into shareholders pockets as directly as possible.
$35 is really greedy, so I'll settle for $33
Please donate 10% of profits to charity in my name.
Hello fellow traders and investors Air Canada has pulled back to the trendline which acts as a support. Our take profit target is placed around the 29$ area offering a 13% ROI.
Take Profit: 29$
Stop Loss: 24.75$
Technicals:
- RSI=Oversold
- 8SMA=Still indicating a downtrend
Fundamentals:
- Market Cap: 8.66B
- Sales Last 12 Months: 2.84B
- P/E:
- P/S: 3.05
-...
AirCad has been in an uptrend and I'm looking for that trend to continue through out this week and continue to the upside and probably hit the previous higher high and reject to the downside!
