Bullboard - Stock Discussion Forum 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... see more

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TSX:AC - Post Discussion

Air Canada > Good day but...

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Post by lb1temporary on May 17, 2023 4:40pm

Good day but...

Nice increase today +3,3%.

I made good money.

But at the same time US airlines are up by 5% and 6% today.

The positive guy: More increases ahead to reach the US airlines level.

The negative one: Why AC lag behind the US airlines performance 3 days after so sparkling results?.

I will take the easy money in the next days but I fell that the parking brakes are still on the wheels.

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Comment by OnTheBalance on May 17, 2023 5:13pm

This post has been removed in accordance with Community Policy

Comment by lb1temporary on May 17, 2023 5:30pm

OK, I buy it. Anyway, we make money...easy money. The Risk\Reward proposition of this stock is very positive. The best for the next few weeks. The low at 18$ has been tested so long. The Q1 results almost immute it from falling to 20$ or under. The strong booking is looking good for the next two quarters. My targets are 24$ in june and 28$ in november.

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