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EmpowerTrader
18 Feb 2020 pukul 18.23

AL Testing Final Support Level Above 200 MA Pembelian

Air Lease CorporationNYSE

Deskripsi

Trade Background:
Price has been in a downward trend since the start of this year. This is due to the market pricing in less demand in flying due to the corona virus. For this reason price has fallen to key support just above 200 MA. Look for a swing to the topside of the trend as market sentiment recovers. Cut loss if price consolidates below 200 MA.

Trade Idea:
Entry: 42.50 to 44.00
Stop loss: 42.00
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