CAE trade ideas
CAE in a rising wedgehi traders
Let's have a look at CAE on 1D time frame .
The price has been inside the rising wedge pattern.
The possible scenario is shown on the chart.
You can enter short once the price breaks out of the wedge.
You can also short the horizontal resistance if the price goes there
Good luck
CAE $42 Target We have been going sideways since march, I am leaning bullish here given we haven't broken any significant levels to the downside pointing more to an accumulation period / profit taking, no signs the sellers are gaining over hand
Quarter setting up nice hammer to the upside potentially and the yearly can still go 2 to the upside with 3 months left.
CAECae looks good to me here again.
Not the first timw i post this canadian company.
Massive channel forming after the move up. It has been consolidating for a while.
We even see an ascending triangle towards the end of the channel forming.
Once we break the top white line we can see a nice move up.
DYOR.
Double bottom?A good canadian company that i am familiar with.
Looks to have double bottomed and is regaining the 200 ma, ~39 is the major resistance.
We need to get back above the 200 ma and hold hopefully.
I think this can move well past 40.
There was a nice close to see.
Interesting to see how this plays out.
$CAE with a neutral outlook projection after earnings $CAE is projecting with a neutral outlook after a Positive under reaction following the earnings release with price trading around the median line.
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Some attractive price pointsIt seems like volatility is starting to enter the market again and people are starting to be fearful again. What will likely happen is during waking hours the market will drop while overnight feds will pump causing a lot of chop in the overall market. Meanwhile certain sectors will continue to get hammered while that occurs namely the airline sector.
I like this company because its not just invlved in training in civil aviation, but also involved in defense and security as well as healthcare education. Now I find it unlikely that AC will go bankrupt, but given the enviroments I can see how CAE will stand a better chance of surviving given that education is unlikely to die. While less pilots being employed likely means less pilots being trained and thus revenue there are many different streams of revenue that is not just limited to training commercial pilots. And if things ever get back on line I'm sure a lot of those pilots may need to be trained again. The entry points is just me being greedy but if things start getting uggly in the next couple weeks we may visit those gaps. where it will prove to be great entry point while people are in fear.
Great potential that CAE will go downHey traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. CAE have a bearish pattern; it may be that this rolls back out your winnings!
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CAE - Ascending Triangle Breakout + Re-testCAE broke out from an Ascending Triangle pattern on November 8th. Since then the price pulled back right to a 50% Fibonacci level where it seems to have found support & is attempting another bullish leg.
I have used the Fibonacci Extension to project three potential price targets at the 50%, 61.8%, & 100% level.
5 year breakout alertToday marks a breakout on the 5yr $CAE chart. Looking for a long entry above yesterday's high. Tight stop loss of $13 on this one though, but looking for a $1.25 risk for continued upward momentum in this recent trend. All moving averages are beginning to slop upward signaling strength.