I estimate that CHR share will reach a value of 3.5+- Canadian Dollar within one year (3-12 months), this is a increase of 35%+- Stop loss is around 2.25 CAD Despite the last quarter earnings release being negative, which is the biggest cause for the share dropping to a 2.36 low, the company still looks healthy, the liquidity still good enough (filled my order...
2021-11-24 Markets are mixed, (near all time highs) CHR and airline stocks mostly under-performed the market CHR and AAL and AC have almost identical price movement, which is surprising as it mostly did not go out of sync even during earning periods. Bearish trend line was broken Nov 3rd. This is also true for AC. This trade is looking at Oct 29 being...
I have a position - I am a bit in the green. Looking for a cycle into airlines, which has been neglected for some time. AC, AAL and CHR are the ones I track and they move almost identically. I chose CHR because its cheapest and gives me easier stop loss, gain taker targets. I think I will hold till November 10th, I dont want to hold past earnings. Will be...
I have a position with an Avg. price of 2.40 in CHR. I totally mistimed my entry and got stuck in it at least 3 weeks now. At some points I was down a little bit. Now it looks like I am finally going to be able to go back to break even tommorow. Today was a nice green day, hoping tomorrow is a reversal confirmation day. I can't find any news at to why this is...
airlines are getting hammered again however there is something special about CHR over AC. They do regional airflights meaning while they are still effected by covid they wont be as impacted as airlines with international flights like AC. AC is currently about 67% below its precovid levels while CHR is 70% which I think is unjustified. . more over, the Canadian...
High Yield stock with an extended deal with Air Canada. This will probably draw investers with fear of a drop in the markets over the next year. I expect some ranging between $6.85 and $8 but has potential to be a "Safe Haven" for yield seekers. 55% Payout Ratio with a steady dividend for the past 13 years. Calculation of the Graham Number shows it valued around...
TSX is rotating at the moment. Financials and consumers rally started this AM. CHR is continuing a slow overall bullish trend since the lows in March. Next level of resistance highlighted with red line. Swing trade only, tomorrow expected to open slightly higher or to move up a bit throughout the day.
Easy sell signal at top of the channel. Now looking for re-entry positions. Possible re-entry levels: $3.06-$3.20 (Dotted Line inside channel) - Not only is there so much price action here it also lines up with the 50MA. Could be a great bounce target. $2.55-$2.75 (Bottom of Channel) - This is key support of the channel and would probably have a lower chance of...
Easy sell signal at top of the channel. Now looking for re-entry positions. Possible re-entry levels: $3.06-$3.20 (Dotted Line inside channel) - Not only is there so much price action here it also lines up with our 50MA. Could be a great bounce target. $2.55-$2.75 (Bottom of Channel) - This is key support of the channel and would probably have a lower chance of...
Getting long on breakout, at least to 200 ema $CHR.TO #Chorus
Chorus bounced off the lower resistance and has confirmed break above the downward trend line. The also pay a fantastic monthly dividend