The idea is to stand aside.
Prices are moving inside a channel. Wait to see if the support line will be broken or not.
If the level 62 EUR WILL BE BROKEN, the idea is to go short, otherwise (if the level of 165 will work as support) the idea is to go long.
Fundamental Analysis - just found a new equilibrium in the production
The monthly rates - 40 A320/A321, 6 A350 and 2 A330, down from 60, 9.5 and 3.5 respectively before the crisis - are a "sweet spot that is not too disruptive to the whole supply chain...and puts us relatively close to where we feel the market will trend to,"
Prices are moving inside a channel. Wait to see if the support line will be broken or not.
If the level 62 EUR WILL BE BROKEN, the idea is to go short, otherwise (if the level of 165 will work as support) the idea is to go long.
Fundamental Analysis - just found a new equilibrium in the production
The monthly rates - 40 A320/A321, 6 A350 and 2 A330, down from 60, 9.5 and 3.5 respectively before the crisis - are a "sweet spot that is not too disruptive to the whole supply chain...and puts us relatively close to where we feel the market will trend to,"