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#WizzAir strongest UK airline stock at the moment? Fundamentals look good and technicals aren't that shabby either! Recovering strength from recent short term dip? Currently trading 3142.
There's a smaller multidiagonal confluence down here and as it combines with a strong rising support zone it looks to me like it has the potential to be a good short term trade.
Eyes are on Boeing at the moment, following President-Elect Trump's remarks on the possible future of Air Force One.
It is worth noting that Boeing is already looking overstretched at current levels - momentum studies are overbought and prices are now trading in the historic distribution top from 2015-2016 - and risk/reward is turning lower.
Could Trump's ...
A short Tweet asked if Warren Buffet is buying the Airlines.
Regardless, it seems to gathering upside momentum.
A break above the USD277~ range highs is needed to shake out the shorts.