Easyjet - EZJ

ezj - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...F70AJsFjdb1MpUWtI%3D

I too was watching this....and didn't take the long....i have not been trading much tbh...been busy with some other matters and i do think these markets will retreat lower short to mid term imvho....
so i have just been closing positions on any rallies....

however a couple bullish signs here....so i may get tempted to go long myself here....
The rsi and the falling t/line look to have been broken above. Could well be a sign of further strength short term at least.
if this can get above 593p......it should get to 647p above that could well see the 800's again.....

Lets see how 593p goes first imvho....

atb, wdik, dyor,
trendfriend

TF, it perfectly bounced off 490-500 area, but wasn't brave enough to go long....
now its hit 599 today!

Closed my second short at 520p.

Nice trade there.... good to hear...

ezj - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...7R%2FMtlR9qJ21KMk%3D

This could go a lot lower imvho....
If the red line around 490/500p gets busted....i think it will go to the blue support trendline as low 340p imvho....
This is most likely very long term holders...mostly big boys...funds etc selling here now....
its got to be painful selling in the 500's when a stock was trading closer to 2000p!!

lets see...no buying this unless we see higher high...imvho..or maybe at mid 300's imvho

atb, wdik, dyor,
trendfriend

TF, thanks for this.
Shorts closed today at around 591p.
Short from 675p ..
Now if you could say, how low are we expecting, so I can go long...
I owe you a beer

ezj - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...3PO14CT5Zpw8jN2ew%3D

no real evidence to show the rally after the crash was anything more than a relief rally.....
Real bull strength only happens if it can clear the 200 day ema line and with that we get a h/high as well......

until then watch the triangle....will it break up or down from that??
in my opinion it will be down....

atb, wdik, dyor,
trendfriend