AIR trade ideas
AirBus Sidways Scalps and Breakout LevelsAirbus is nicely settled in a rectangular scalping range (70-60) with narrow stop losses.
Break below should offer a cheaper price, break above bullish continuation.
Daily momentum (RSI) and volume (KO) is picking up but due to sideways market, this is not relevant yet unless the price breaks above 70.
AIRBUS stock AnalysisThe idea is to stand aside.
Prices are moving inside a channel. Wait to see if the support line will be broken or not.
If the level 62 EUR WILL BE BROKEN, the idea is to go short, otherwise (if the level of 165 will work as support) the idea is to go long.
Fundamental Analysis - just found a new equilibrium in the production
The monthly rates - 40 A320/A321, 6 A350 and 2 A330, down from 60, 9.5 and 3.5 respectively before the crisis - are a "sweet spot that is not too disruptive to the whole supply chain...and puts us relatively close to where we feel the market will trend to,"
AIRBUS : mayday mayday recovry not for today ! hmmm travel market and plane order are horrible could recovry in 1 or 2 years so take care with super recovry bias , best buy was 50 near support hits 4 times , french epidemiologist see 2nd wave corona in august so my vix curbe prediction is super cup to 100 ... could be airbus best buy price
AIRBUS (DAILY)Hello community;
Possible pullback on the red support zone that meets the 0.236 Fib level. (64.42).
There is also an upper wick which can tell us that the bears outperformed the bulls.
The market is on a momentum zone, so let's watch it the next week and get ready for a buy (or sell?) position.
AIR Long IdeaLogic: economic recovery/bounce back idea.
Entry: €64.50 or ideally at yearly S3 support, €55-€56 area.
Stop: €56 or < €48 in second case.
Risk: -13.18% or -14.29%
Target: initially €78.13, longer term mid €90's
Gain: +21.13% or +39.52%
Note: high risk/reward longer term speculative idea. AIR remains in downtrend.
Airbus to literally FLY? LONGAirbus seems to have reattached its wings and started to sort itself out.
We can see that Airbus has been following a rather dull yet certainly apparent trendline as it attempts to pull itself out of its miserable slump. The price has now taken off of this trendline and is pushing hard up towards the target marked onscreen.
Whilst not visible, the price is also positively sitting on the 200MA. This is a good indication to follow that Airbus is starting to pull out of its recent lows. This is also a good indication that the average is being maintained, which is very helpful when idicating whether the price will continue to rise or if we just have a short pump (in this case, it is the former).
We are gunning for the $72 range, making this trade a nice hold for both the short term and medium term. I would expect this to take no longer that 10 days (two trading weeks). However, bear in mind that the markets are indeed closed for 4 days starting the 1st May.
Let's see how this one pans out.
Looks like today or tomorrow is the time to take profits Generally, the stock price has been trending down since the COVID-19 crash. There has been some significant volatility that looks like it has day traders interested judging by the close of market volume. Today the price broke out the top of the 2 sigma channel which says "sell" to me. RSI and MACD show over bought which says sell to me for a short term position, although neither have crossed back down yet, so there may still be some time before a down turn. My guess is that it bounces off the resistance at about $59.50 that was developed between 4-9 and 4-15, and then heads back down to "where it is supposed to be." What do you think?
