$AC.TO bounce off 4 Month Resistance

7 Jul 2020

Since Covid dip, AC has been following this support line.
About to hit for third time.
Entry beterrn 16.03 and 16.24
Long long

9 Jul 2020

Dagangan aktif

Took the trade at 16.21.
Price bounced on target and printed reversal on the 4h.
If volume can keep momentum up, then targets at 19.66 Fib line.
If clean break, then 22.70

13 Jul 2020

Dagangan aktif

Interesting on the very small TF. Can see sellers and buyers battling it out.
News flipping daily isn't helping. AC will cave and reopen the routes, or Gov will step in. Betting on AC increasing air travel, or gov will assist. Either way = Bullish to me. What does market think...

16 Jul 2020

Dagangan ditutup secara manual

Closed before Y close. Might keep going but i'm happy here.
Anyone end up catching that full trade?

16 Jul 2020

Dagangan aktif

Healthy morning dip. Currently testing LTF breakout, hovering above previous consolidation high. Might see a fakeout below and touch RSI low for quick bounce.
Ideal, price holding between green and upper blue line and catch a long reentry.
4h remains very bullish and if momentum continues, looking at Fib target right below 20$.