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Air Canada T.AC

Alternate Symbol(s):  ACDVF

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

Bullboard Posts
Post by GasPro2017on Jun 08, 2020 5:23pm
268 Views
Post# 31126246

Has gapped up 5 days in a row, and been green for 6 days

Has gapped up 5 days in a row, and been green for 6 daysWehave gaps at 
$16.41
$16.69
$18.37
$19.42
$20.29

Surely at least one of these gaps will be filled....


Plus, you have to go a long ways back to find 6 green days in a row with this one.

A couple months ago it had 5 green days in a row, but then basically gave most of it back the next few days.  

If I had bought over $23 today, I'd be nervous about a pullback and gap filling. Its paricularly frustrating since it tends to gap at the open. So it could open at $20 tomorrow, and you are basically stuck in the stock.




Bullboard Posts