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Air Canada 4H Chart analysis
AIR CANADA
Short
Air Canada 4H Chart analysis
By AT_Holding_Inc
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Mar 29, 2020
7
Mar 29, 2020
Combining the fundamentals (Coronavirus -Travel restrictions) with the current technical chart situation AC couldn't break the triangle from the top.
Short AC at open (ensure doesn't open over the triangle) and hold a short position if closes within the triangle shown above.
Note: Breakout of the triangle towards the top will mean an additional jump back to levels of $35.0 Therefore, set stop-limits at triangle levels.
Trend Analysis
AT_Holding_Inc
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