Airfranceklm
AIR FRANCE STOCKSCovid-19 caused a bloodbath to Airplane Companies and AF returned to the past to worth almost a penny dollar, with the return of the normality, we can expect a new cycle to come around the corner.
That said, i hate Air France, it's one of the most antipathetic crew in the world, they all think they made baccalaureate +10 for serving a glass of water in a plane, That's one of the reason of losing their " French Glamour ". if you use united arab emirates companies, you will feel instantly the level difference.
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Trading Parts :
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Buy Zone : 4$ (Now)
Rebuy Zone : 3$ (Bottom)
TP1 : 5.5 (Breakout Line Security TP)
TP2 : 8.5
TP3 : 14.5$
Stop Loss : No Need AF won't close, it's a symbol, French Gov will help for sure.
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Happy Tr4Ding!
Air France KLMAbout Air France-KLM Group
A global giant with a strong European base, the Air France-KLM Group’s main areas of business are passenger transport, cargo transport, and aeronautical maintenance. Air France-KLM is the leading Group in terms of international traffic on departure from Europe. It offers its customers access to a network covering over 250 destinations thanks to Air France, KLM Royal Dutch Airlines, and Transavia. With a fleet of 554 aircraft and 104 million passengers carried in 2019, Air France-KLM operates up to 2,300 daily flights, mainly from its hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol.
Its Flying Blue loyalty program is one of the leaders in Europe with over 15 million members. Together with its partners Delta Air Lines and Alitalia, Air France and KLM operate the largest transatlantic joint venture with more than 275 daily flights.
The group also offers cargo transport and aeronautical maintenance solutions.
Air France and KLM are also members of the SkyTeam alliance which has 19 member airlines, offering customers access to a global network of over 14,500 daily flights to more than 1,150 destinations in more than 175 countries.
www.airfranceklm.com
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Air France KLM update - AFLYYShort Term - Based on fundamental analysis the market might jump up, but wait for the Technical Analysis signal.
Based on Fundamental Analysis, wait the right signal to buy. Technical analysis does not give yet any uptrend signal for a short term investment. Target Level 5.20 USD
Fundamental Analysis: (Good News)
EU clears €7B bailout for Air France-KLM
Long Term, stand Aside