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 > passed 50dma and 200 dma

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Post by wideopenthrottl on Apr 23, 2024 11:10am

passed 50dma and 200 dma

so if you were advising new investors what would you tell them about a stock that broke through both in less than a week...GLTA

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Comment by quinlash on Apr 23, 2024 11:39am

Lines on a chart do not limit a shareprice from going up, nor does a line on a chart prevent it from going down. The key mover behind the movements of a Shareprice is news. Sector news (in the case of AC) would be a positive or negative outlook for the travel industry Stock news (again with AC) is a positive or negative QTR report. A shareprice movement can be unexpected, it can ramp up ...more

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Air Canada