kappyman

AC Long

kappyman 已更新   
TSX:AC   AIR CANADA
Long Pros

Good Technical:
-50% Fib Pullback
-Bouncing of MA's
-Slight Higher-highs
-Overall impulse is up
-Strong bull dailys

Long Cons:
-COVID government restrictions
-Layoffs news
交易結束:達到停損點:
Re-entry @ 61.8 Retrace and strong daily. Stop under low candle. Good R:R
交易進行:
Fundamental error (News missed) :
Canadian Guv pushed for no flying thus hurting the airline industry for Canada.

Technical were good but fundamentals can change that.

The Trade above still valid @ 19.69 = 61.8 the bounce after that candle was a good entry.
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