easyJet plc
Long

Easyjet - EZJ - Long

209
Good Day!

Trade idea was posted via VIP group a few months ago - with significant gains, and profits booked. Successful trade.

However - the situation we have now, is a set-up now presenting an even better risk-to-reward ratio.

Previous trade commentary shared in VIP group, remains valid.

Good luck!

Best,
Figuring Out Finance


VIP Trade Set-up shared earlier this year:

Tues 4th Jan- 22: Trade update - Easyjet (EZJ)

Easyjet (EZJ) trade idea from Dec-21, has already delivered strong returns in a short space of time.

Markets reacting positively to the UK govt's stance on cautiously not increasing Covid restrictions, and the fact that Omicron is slowly being recognised as a 'milder' variant than expected.

This was in line with our 'house view ' on the market's potential overreaction to the new variant (albeit it's tragic news of course that people will continue to suffer from the effects of Covid).

Today EZJ opened at >10%.

Our Fund bought heavily into the recent fade of EZJ price, and will no longer be looking to increase our exposure at these prices.

Will re-evaluate our positions should price revisit sub 550.

Take profit around 850, continues to be valid.


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