On the analysis we see that GOL is really volatile pre covid.
On the chart it is now looking like a recovery, but because we expect the lockdowns to be extended, it will probably take some more time and wil go back down its old range.
Also because we every time see a nice spike a couple weeks before the summer we expect that this stock can be really promising in...
We can see a nice range where RR is in at the moment, this is the same range from a small period in 2015.
We also see a small compression in the last weeks. This could result in an impulse.
Because of the third lockdown in UK we expect an impulse going down, touching the support level around.
1)If you don't want to miss it out, you can open an...
If you really want to have a position in National Express Group, you can enter at 223 (Red line)
For a more safer entry I would enter around 195 (Orange line)
The white line is a small support line that we drew in the middle of this recovery to give a better visualization.
In the blue line we see a improvement for years. This could be a very nice position to hold...
In this TA we are looking for the chart to go to the green line (level).
This wil give us a confirmation that the chart keeps his range and that the Res/Sup line will still be valid.
If hit hits the orange line that gives us another indication that the range will go probably down, back to the range
SL on pink level, If you want to have a bit more risk you can...