Ryanair Shares Recoup From Belarus Hijacking, Still Ranging The price action of RYA has been range-trading for quite a while now, mostly being concentrated between the major resistance level at 17.100 and the major support at 15.100.
The massive Marabozu candle that is forming today could potentially indicate the termination of the sell-off. Moreover, Ryanair's stock may be due for another attempt at breaking the range and continuing to climb higher.
That is so because the Flag, as a classic trend continuation pattern, is found after a Wedge. The latter represents a type of pattern that is commonly found at the lower end of a downtrend or range.
Market bulls should not disregard the fact that the Stochastic RSI indicator is nearing its overbought extreme, which, given the still prevailing range-trading sentiment, could prompt yet another reversal.
For more risk-averse bulls, the most optimal thing to do would be to wait for the price to pull back to 17.100 following a decisive breakout, which would underpin robust buying sentiment in the market.
RYA
Ryanair - RYA Technical AnalysisRyanair, based on technical analysis (breakout of the reistance) it seems that there is an opportunity to go long.
Ryanair - RYALSE:RYA
Hold the position before buying/selling. Let's see if the resistance will not be broken before selling for a short term investment.
Long term investment HOLD.
RYANAIR (RYA) LONG TRADE BASED ON STRUCTURE
hey guys,
for a couple of weeks, Ryanair stocks are trading on a key structure support level.
now on 4H we clearly see reversal clues with a higher low formation.
pay attention to the minor resistance of a range on 4H chart and buy its breakout.
initial target will be 12.0,
then apply trailing stop!
good luck!
Ryan Air short opportunityOn 1 hour the chart is showing H&S pattern with divergence (see in the comments).
Daily chart reached 50% fib level and is also overbought after great earnings.
Great risk-reward. Best to wait for London open tomorrow to trade as we are near the close of the session.
Good Luck!
RYA - DAILY CHARTHi, today we are going to talk about RYA
We observe a D1, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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Complete Gamble - I got carried away. I needed to do some homework and I made this because I was bored.
I don't even trade this type of market....
RYANAIR (RYA) | 20-40% Profit Opportunity!?Hi,
As promised, I would like to start to share some mid and long-term trading/investments ideas. How long they actually last, depends on how fastly they reach their targets (usually targets are arrowheads).
If I start to share some ideas from the stock markets then they are not "set and forget", every idea has a reasonable target.
The first stock has been on my watchlist for a while and it is RYANAIR (RYA).
Wiki: "Ryanair is an Irish low-cost airline founded in 1984, headquartered in Swords, Dublin, Ireland, with its primary operational bases at Dublin and London Stansted airports. It forms the largest part of the Ryanair Holdings family of airlines and has Ryanair UK, Ryanair Sun and Lauda as sister airlines. In 2016, Ryanair was the largest European budget airline by scheduled passengers flown and carried more international passengers than any other airline."
Definitely, do your own fundamental research and if you find something interesting then this technical analysis should support your viewpoints!
Technically a good entry area stays between 7,5 - 8 (blue box) and it consists of:
1. 2013 & 2014 resistance levels should act as support levels.
2. EMA200 on Monthly should act as a supporter.
3. Fibonacci retracement 62%. Pulled from all-time low to all-time high
4. The gap from 2014 should play an important role in this price zone.
5. The round number 8.000 should act as support
6. A minor blue dotted trendline runs through the marked box, which acts as a support level.
Once again, do your own fundamental research and if this matching with my technical analysis viewpoints (it should make a bounce upwards) then you are ready to go! If it doesn't match then you are ready to skip it!!
Good luck,
Vaido
