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WIZZ AIR HLDGS PLC ORD GBP0.0001WIZZ AIR HLDGS PLC ORD GBP0.0001WIZZ AIR HLDGS PLC ORD GBP0.0001

WIZZ AIR HLDGS PLC ORD GBP0.0001

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WIZZ trade ideas

💡$WIZZ 🚗 Wizz Air ready for take off?💰+25%🏌️‍♂️📚Wizz Air PLC looks primed from a price action perspective to move higher. Price is currently being supported by a bullish price channel, which price is respecting. The 100 day MA is also holding this bullish support line. Price is currently trading between the 50 day and 100 MA. Should price break above the 50 day MA and out of the short term bearish price structure on good volume, it could move higher towards the top of the price channel. Be careful though as airline stocks are susceptible to lots of fundamental impact at the moment with 3rd waves of CV19 in Europe, government deciding on international travel and vaccine news.
LSE:WIZZLong
by zvissss
#WIZZ ANALYSIS.. Sometimes only one line can tell us a lot more than we think about the technical scope.. There isn't much to say about #WIZZ, I think there is a new risk of a big drop at any moment, unless the stock price is permanently above the line.. Also, due to the pandemic disaster we are experiencing, the air transportation industry has been in a very difficult situation.. The cash flows of the airline companies are seriously disrupted and this situation seems to continue for a while, in this context, we can see much lower levels in the stock price.. Disclaimer: Please do your own due diligence when it comes to trading.. Invest at your own risk.. I wish you all the best..
LSE:WIZZShort
by OguzhanSengor
WIZZ potentially long until 2980On the weekly timeframe, we can spot a double-top formation in the first 6 months of 2018, with the price hitting 3800 twice. After the double-top formation reversed, the price broke the 3000 level, and reached down to 2310. Zooming on the daily timeframe chart, we can spot a double-bottom formation during the month of October 2018, with a consolidation area forming between 2330 and 2600. The price broke upwards, through 2650, and we can expect a bullish trend up to 2900. This level is confirmed by both the consolidation zone height, and by the Fibonacci levels, as a 61.8%. If the price action is strong enough, the price can reach (with a wick on the daily chart) the 71% fib level, around 2980 (short of the 3000 psychological level), and retrace down towards the consolidation area. If the fib levels are respected, the price can potentially turn into a bearish trend towards the end of the year, back towards 2330.
LSE:WIZZLong
by andreiruse