Prior targets were off slightly but still got in out and with them. Fine tuning the wedge lines to be more conservative the targets now are buying @23.07 and selling @24.40 for a quick 5.6% gain. If this wedge bounce happens, I think it will be the last one that is worth risking missing out on the breakout. It might not even be worth it at 5.6% because the best option is to buy back in shortly after anyways.
A solid break out past the resistance line at 25.50 will confirm the wedge pattern is broken and the medium term target of $35-42 will be at play. Buy at 23.07 ands sell when some great airline news comes out, or sell for a little profit inside the wedge and quickly repurchase when it gets close to the support line again.
A solid break out past the resistance line at 25.50 will confirm the wedge pattern is broken and the medium term target of $35-42 will be at play. Buy at 23.07 ands sell when some great airline news comes out, or sell for a little profit inside the wedge and quickly repurchase when it gets close to the support line again.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.