When an asset is rejected at the extreme pessimism, there are high possibilities for the asset to move up; Easyjet might be ready to "jet" up! N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
EasyJet may have to raise £1 billion on U.K. quarantine plan
EasyJet PLC (EZJ - LSE) is moving down in ABC zigzag pattern. B wave is in triangle and has completed. C down wave is already started, which will make new low below A wave. It is very under-performer stock of LSE.
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...
Levels to watch for potential long opportunities...
Europe's No 2 budget airline looks like it will test the lows and maybe lower. Travel in confined spaces not exactly top of peoples to do list
flat corrections ends soon, we take profits soon and buy for the wave 5, an easy trade here.
I'm in two minds to short before the story long. You decide.
Yield 4.54% P/E ratio 6 EasyJet Plc engages in the provision of passenger airline and carrier services. Its principal activities include airline operations and aircraft trading and leasing. The company was founded by Stelios Haji-Ioannou in March 1995 and is headquartered in Luton, the United Kingdom.
Buy EasyJet (EZJ.L) easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts. Market Cap: £4.77Billion...
Airlines in Europe have had a nice surge since the Thomas Cook bankruptcy, not alone has the news increased fare potential but it also means that much needed aircraft is becoming available. Easyjet should benefit from the strikes that Ryanair suffered during peak times. Technically the chart is strong with indicators remaining bullish. P/E ratio 5.37 - extremely...