Easyjet - EZJ

Syrian,

I also have support, just about holding at 460.
Support between 460-417, close below that, and I think it's around £3.

Wizz is also struggling, doesn't want to close under £22 really, opens up £20.

Megaphone pattern forming? Support in 460 area seems to have been tested/held. Travel disruption over played by media and they have all airlines have clearly over sold capacity - which is a positive. Staffing levels will recover into the summer. Fuel cost is still a headwind.

for EZJ. watch 450/460p area... key pivot level and strong support.

A drop below 450p on a end of week closing basis could well see substantially lower while below that level possibly down as low as about 250p area.
I think longer term it could break down...in the mean time there is a good opportunity to long scalp trade any test of 450/460p with a stop below 417p.
buy the support sell the rally at resistance....just don't be too greedy as this is still long term bearish.

atb, wdik, dyor,
trendfriend

Trendfriend,

You were spot on.

Looks like your 350p target will be hit.

All the airlines, are tumbling.

I was looking at Wizz, as Remo mentioned and Jet2.

Jet2 around 700, 61.8% fib is 720ish.
Wizz around £20, full 100% retracement.

Any chance of a review.

ezj - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...4aAwHLJJPDcPOMRFw%3D

breakdown looks imminent here ivho... so tempted to short this!

atb, wdik, dyor,
trendfriend

ezj - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...XXxtZ96iYyb7SvYV8%3D

looking at some charts that may have long term buying opp's coming round....if i'm patient
i think this looks pretty likely to hit my target of 350p area....so still another 50% or so to fall from here.
could actually go lower....will take a look closer if it continues lower.

lets see....
atb, wdik, dyor,
trendfriend