Irish Airline Ryanair is never far from controversy, a summer of strikes by pilots within Europe has almost passed by and looks like the company won the war having lost a few battles.
The collapse of Thomas Cook travel over the weekend has added more positive fuel to the recent rally in Ryanair , it is inevitable that passenger numbers will increase and there may...
Ryanair was flying high one year ago, but things have went into a tailspin for multiple reasons, many related to Brexit and foreign exchange implications of that turmoil.
Most recently CEO Mr O Leary blasted Boeing for its inability to supply much needed planes that were on order, some days after the company announced layoffs and termination of their contract...
Descending Triangles, Triangles, Ascending Triangle and Ranges are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the...
Ryanair (RYAAY) is showing a descending triangle with declining volume and volatility suggesting decreasing trader interest. We anticipate a descending triangle to break explosively to the downside.
Trade Plan: Sell a daily close below 61.82 if the volume equals or exceeds the volume average. Use 1/2 size to reduce risk if the volume is at least 75% of the...
RYAAY struggled at the highs and now is breaking down, will it be a standard 20% cut and then consolidation? maybe. I want to buy lower because it gives the counterbounce more space before hitting the previous highs.
Timing = 1 ( i think the overall market is in consolidation and overextended selloff are more likely)
Volume = 0 (the volume has been big on this...
Here you can see my idea on Ryanair.
It is a solid company and their making profit and they're growing.
Good Earnings per Share and Revenue per Share
Target for long entry is around 14 Euros
Strong Monthly demand imbalance created around 86 price area on Ryanair Holdings. Long term bias at monthly and weekly demand levels in a clear uptrend, buy at monthly and weekly demand zones
Ryanair seems interesting. Since i missed out on the beginning i am looking to enter before wave 4 ends at levels 100, 95, and 90.
FIrst soft target is around 150.
The severe drop in the price of Ryanair shares on Thursday 23 June 2015 was undoubtedly due to the LEAVE result in the BREXIT referendum. What are the chances that this result will have an immediate negative result in the company's fortunes? I would say: practically none. I, therefore, expect a continuance of the recovery that occurred from 23 Jun to 1 Jul.
