GOLL4 trade ideas
This airline stock is looking healthyThis airline stock is looking healthy.
Adding position tomorrow.
Short the Pump $GOLStocks that spike, like $GOL here, are always of my interest.
This big gainers spikes with almost to no news out. Purely hype.
Also, it has been trading under the 50MA since Sept. of 2015.
My goal here is to short it at around .57 (resistance), cover half at .42 (daily support), and the whole at .25 (lowest support it has had.)
If it decides to break above .57 , I'll look to short it near the 50MA
Would not go long until it can show that it can break .80 .
$GOL potential bearish trend continuation$GOL trading off the 50EMA with a bearish pin. Advisable waiting for confirmation before shorting.
