Technical Analysis - Hold and wait the right signal to buy
The Market is bearish since the Virus came in - let's try to follow the trend
Fundamental Analysis -
Bed news around the airline (or connected business) that do not help RR. Furthermore, RR is looking at cutting up to 15% of its 52,000 strong workforce.
Conclusion, for a short term wait the right signal to sell, while for a long term investment RR is a good market where to buy, just wait the right signal to buy (perhaps in 6 months)
The Market is bearish since the Virus came in - let's try to follow the trend
Fundamental Analysis -
Bed news around the airline (or connected business) that do not help RR. Furthermore, RR is looking at cutting up to 15% of its 52,000 strong workforce.
Conclusion, for a short term wait the right signal to sell, while for a long term investment RR is a good market where to buy, just wait the right signal to buy (perhaps in 6 months)
Note
*Bad (spelling mistake)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.