Short term bounce, that's itWe have been getting a consistent Faithful down trend since 2018 well actually since 2015 it just got faked out and came right back in line. With that in mind it'd be wise to assume we'll just continue till the stock possibly reach single digits.
1. With the pandemic, travel has been affected as such airlines can't get the customers to sell their products to in which they get the most of their revenues from.
2. With monetary tightening or interest rate hikes. This will further be tapered as we receive a hawkish fed's response to the economy.
Buy the rip in this one and sell afterwards.