AC Short
Updated
Shorting 200 CFDs, @ 16.57,
Add at $15 /w 200 more
Add 12.80 /w 200 more, perfect short.
Stop at 17.50
Air Canada doesn't make money, its being held up by scaffolding from the government of Canada.
It's probably gonna hit around $5 over the course of 6 months to a year. Then flip and go long for 3-4 years.
Multiple false breakouts. Perfect indicator that its trending downward. It's a giant bear flag on the weekly.
Add at $15 /w 200 more
Add 12.80 /w 200 more, perfect short.
Stop at 17.50
Air Canada doesn't make money, its being held up by scaffolding from the government of Canada.
It's probably gonna hit around $5 over the course of 6 months to a year. Then flip and go long for 3-4 years.
Multiple false breakouts. Perfect indicator that its trending downward. It's a giant bear flag on the weekly.
Note
$ 178 CAD, closed trade at $15.62
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