thiluxan_s

Air Canada - Take Profit Zone?

TSX:AC   AIR CANADA
RSI just reached overbought territory on the weekly.

Some cooldown can be expected, how low can it dip though really?

AC is part of the troubled AirLine sector that recently has shared some decently bullish news, at least AC itself has better financials than some other airlines and is likely one that is going to be around for a long time.
Currently has seen a nice upswing in price with tremendous growth in volume.

Different support levels indicated for possible re-entries. Could see $36+ later this year, time to set up!
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