On the analysis we see that GOL is really volatile pre covid.
On the chart it is now looking like a recovery, but because we expect the lockdowns to be extended, it will probably take some more time and wil go back down its old range.
Also because we every time see a nice spike a couple weeks before the summer we expect that this stock can be really promising in a long term.
About GOL : Gol Linhas Aereas Inteligentes SA, also known as GOL, was founded in 2001 and is headquartered in São Paulo, Brazil. Brazil's largest domestic airline, it operates around 715 flights every day, with its 122-strong aircraft fleet. As we all know the Airlines are hit hard because of the virus.
Please keep in mind that depending on your entry, entering this stock can be a high risk, high reward situation.
On the chart it is now looking like a recovery, but because we expect the lockdowns to be extended, it will probably take some more time and wil go back down its old range.
Also because we every time see a nice spike a couple weeks before the summer we expect that this stock can be really promising in a long term.
About GOL : Gol Linhas Aereas Inteligentes SA, also known as GOL, was founded in 2001 and is headquartered in São Paulo, Brazil. Brazil's largest domestic airline, it operates around 715 flights every day, with its 122-strong aircraft fleet. As we all know the Airlines are hit hard because of the virus.
Please keep in mind that depending on your entry, entering this stock can be a high risk, high reward situation.