Indigo - Potential Short opportunity
With covid cases rising and states looking to shut down many activities airline loads could take a beating again..
Look to short Indigo if it breaks below 1490. SL above 1545. (Potential box breakdown)
Keeping the target open coz high crude prices + lower passenger loads will be a double whammy for this industry.
Look to short Indigo if it breaks below 1490. SL above 1545. (Potential box breakdown)
Keeping the target open coz high crude prices + lower passenger loads will be a double whammy for this industry.
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