AIRBUS READY FOR TAKEOFF - 65% PROFIT

AIRBUS (AIR) - 4hr/Frankfurt

Hello and welcome to this update,
this one is about Airbus, which looks GOOD in my opinion.

-All-time high was 140, which we dropped from, which is a 65% drop.
-RSI looking good, bullish divergence confirmed.
-Volume is solid- declining at the bottom (or temporary bottom) is a good sign and could mean, the selloff came to an end (for now).
-Reversal of 65% to 79€ (Resistance from 2nd January 2019) from 48€ is absolutely in range.
-Contesting all-time high in the future is possible as well since Airbus is next to Boeing the biggest aircraft and flight producer in the market.
-Longterm, this is a steal in my opinion.

Since we are in "reporting Season", end of April there will be the quarterly report of Airbus, which could stagnate, due to the corona crisis and the circumstances, which many companies suffer from. Aviation Business could be under pressure, though for the longterm, this will be fine in my opinion.

Have a nice day, thank you for tuning in, I appreciate it a lot!
Your german-quality-trader

交易結束：目標達成

Trade closed successfully.
Target was 79€, it hit 86 actually. Since then the price even hit a higher high.

We started the trade at 53, it hit 86 and found support on 58€
on 24sep and 28oct and is currently (1/20/21) trading on 95.

This was awesome, everyone who took the trade congrats!
See you in the next one,
gqt

交易結束：目標達成

More then reached. Worked out perfectly even overperformed drastically. Thank you

註釋

from 45$ to 173$, called that bottom. At this point taking profits could be interesting