Looks like Gold made a fakeout to the upside. It has broken key support, horizontalline and trendline. Lets see what is happening next. One scenario is as shown in the chart, retest of the trendline and then down.
What do you think?
best regards and stay healthy
Hello you all
As you know Norwegian Air Shuttle is a company which is heavely affected by the actual pandemic.
So why could the stock have a huge potential in the near/medium term future?
- Chinese government invested via BOC Aviation into Norwegian
- cash burn reduced to <300 million NOK per month
- current stock price 99.72% under all time high