Air France - KLM - WATCHLIST -
Added 2025-02-19 13:30:38 +0000 UTCI like the set up, I like these two airlines, they still have to improve on fundamentals but they are moving in the right direction.
For me, wait until the breakout comes and holds above €9, as the price is already above the 50 and 200 Day MA and this 4 year descending wedge is getting tight.
€17 and €26 then become the targets.
Comments
@laurent DLAKY chart is similar, German airline, MLCO also gives similar vibes (China resorts/gambling). I think it's just global macro at play here...these names pop when the stars align for them globally speaking, for short periods of time, and then grind lower for years.
Cam
2025-02-19 15:24:07 +0000 UTCAF has the French government on its board. It’s diving for this reason. Stay away from any company where the gouvernement is involved. Especially the French government
Laurent
2025-02-19 13:35:30 +0000 UTC
