It's impossible for me to predict what will happen with EasyJet. So, I'm showing two potential killzones on a daily time frame.
My probability estimate is for further moves south. I think the issues here are about entry points, for those who missed the deep dive. It's dangerous though at this time.
Globally all civilian commercial airlines are in deep trouble...
So it has been reported that
What can drive the stock down
EasyJet also revealed that it expects to report a pre-tax loss between £360m and £380m for the first half of its financial year. The airline will incur significant fuel costs because it has already bought jet fuel for its planes, with no certainty of when they will fly again.
EasyJet grounded its...