Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.

TSX:AC - Post by User

Air Canada

Bullboard Posts

Post by ERTguyon Jul 27, 2017 12:03pm

186 Views

Post# 26516787

Reversal coming here.

As I posted on Stock twits 19.20 is the break out price on this short term down trend. JETS ETF bounced significantly off support this morning to confirm the sector bottom on the 1 year. Much of the selling pressure has been due to wage increases across the sector. This isn't something that will affect AC for awhile as we have long term wage contracts already in place for all employees. Although stock price performance during Q2's has been weak over the past couple of years, I think the stock will perform well next week given the recent upgraded guidance.

Bullboard Posts

The top TSX healthcare stocks under $1