💡$WIZZ 🚗 Wizz Air ready for take off?💰+25%🏌️‍♂️

15 apr 2021

📚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.