Huge court case decision last week which went in favour of the company.
They also have fleet expansion coming (5 new jets being added soon)
The stock could see tons of tailwinds as long as crude stays in the $60 range...
For the first time in the Ajay Singh reign things are looking up..
Technically the stock is near a support + there is a triple positive divergence on the RSI..
If the stock bounces this could be the bottom for this stock with the potential for a turnaround in the business..
Long on a bounce with Stoploss below 36.50..i'd start quite small and then increase position over time if the stock starts making higher highs and higher lows.
Watch for this co going ahead.
They also have fleet expansion coming (5 new jets being added soon)
The stock could see tons of tailwinds as long as crude stays in the $60 range...
For the first time in the Ajay Singh reign things are looking up..
Technically the stock is near a support + there is a triple positive divergence on the RSI..
If the stock bounces this could be the bottom for this stock with the potential for a turnaround in the business..
Long on a bounce with Stoploss below 36.50..i'd start quite small and then increase position over time if the stock starts making higher highs and higher lows.
Watch for this co going ahead.
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.