I believe shorting AC to be a play on many macro ideas.
Overall the market looks to be heading lower bringing everything down.
AC just had a crashed plane in eastern Canada which is being investigated.
Oil may be bottomed may be not but if it does go up that will have a negative effect on AC.
There is a cutting of excess spending in Canada from a personal to...
Rather interesting situation with Air Canada shares was observed. Following sideways trend intraday, shares went above the old level of 9.24. Air Canada managed to regain after a sharp drop. Spike followed by a pullback is incredible. Reaction can be very strong, and failure swing pattern has already begun to shape. Taking into account the abovementioned, we can...
