🚀 Trade Idea: RYAAY (Ryanair Holdings) - Bullish Reversal Play
Entry: $63.00 | Stop Loss: $57.00 | Take Profit: $75.50
Risk/Reward Ratio: ~1:2.5
📈 Technical Setup
Trend Structure:
Breaking out from a 3-month consolidation range ($57-$63)
Daily chart shows higher highs forming after basing pattern
20 EMA ($60.50) crossing above 50 EMA ($59.20)
Key Levels:
Support: $57.00 (swing low & psychological level)
Resistance: $63.00 (breakout level) → $75.50 (2024 highs)
Momentum Indicators:
RSI(14): 58 and rising (room to run before overbought)
MACD: Bullish crossover with histogram expanding
Volume: 20% above average on breakout
✈️ Fundamental Catalyst
✅ Strong Summer Travel Demand:
Record Q2 passenger numbers (18.7m, +12% YoY)
Fuel costs stabilizing while fares remain elevated
✅ Valuation Case:
Trading at 12x forward P/E (below 5-yr avg of 15x)
35% EPS growth projected for FY2025
✅ Sector Tailwinds:
Jet fuel prices down 18% from Q1 peaks
EU travel recovery accelerating
🎯 Trade Management
Entry Strategies:
Aggressive: $63.00 (breakout entry)
Conservative: $61.50 (pullback to breakout level)
Profit Targets:
T1: $68.00 (partial 50%)
T2: $75.50 (full position)
Stop Placement:
Hard stop: $57.00 (-9.5%)
Trailing stop: Move to $60 after $68 reached
⚠️ Risk Considerations
Monitor oil prices (key cost driver)
Watch EUR/USD (currency exposure)
Next earnings: August 29 (event risk)
Alternative Scenario:
If $63 holds as resistance, wait for deeper pullback to $60 support
📌 What's Your Take?
Like if you're bullish on airlines! Any other levels you're watching?
#Airlines #Breakout #RYAAY #TravelStocks
(Chart shows clean breakout with volume confirmation. Trade with proper risk management!)
📢 Disclaimer:
This post and the information contained herein are for educational and entertainment purposes only and should not be construed as financial advice, investment recommendations, or an offer to buy/sell securities. Trading stocks, options, and other financial instruments carries substantial risk of loss and is not suitable for all investors.
Do your own research (DYOR) before making any investment decisions.
Past performance is not indicative of future results.
The author may hold positions in mentioned securities at the time of writing.
Always consult a licensed financial advisor before making investment decisions.
By engaging with this content, you agree that you are solely responsible for your own trading decisions.
Trade at your own risk. 🚨
Entry: $63.00 | Stop Loss: $57.00 | Take Profit: $75.50
Risk/Reward Ratio: ~1:2.5
📈 Technical Setup
Trend Structure:
Breaking out from a 3-month consolidation range ($57-$63)
Daily chart shows higher highs forming after basing pattern
20 EMA ($60.50) crossing above 50 EMA ($59.20)
Key Levels:
Support: $57.00 (swing low & psychological level)
Resistance: $63.00 (breakout level) → $75.50 (2024 highs)
Momentum Indicators:
RSI(14): 58 and rising (room to run before overbought)
MACD: Bullish crossover with histogram expanding
Volume: 20% above average on breakout
✈️ Fundamental Catalyst
✅ Strong Summer Travel Demand:
Record Q2 passenger numbers (18.7m, +12% YoY)
Fuel costs stabilizing while fares remain elevated
✅ Valuation Case:
Trading at 12x forward P/E (below 5-yr avg of 15x)
35% EPS growth projected for FY2025
✅ Sector Tailwinds:
Jet fuel prices down 18% from Q1 peaks
EU travel recovery accelerating
🎯 Trade Management
Entry Strategies:
Aggressive: $63.00 (breakout entry)
Conservative: $61.50 (pullback to breakout level)
Profit Targets:
T1: $68.00 (partial 50%)
T2: $75.50 (full position)
Stop Placement:
Hard stop: $57.00 (-9.5%)
Trailing stop: Move to $60 after $68 reached
⚠️ Risk Considerations
Monitor oil prices (key cost driver)
Watch EUR/USD (currency exposure)
Next earnings: August 29 (event risk)
Alternative Scenario:
If $63 holds as resistance, wait for deeper pullback to $60 support
📌 What's Your Take?
Like if you're bullish on airlines! Any other levels you're watching?
#Airlines #Breakout #RYAAY #TravelStocks
(Chart shows clean breakout with volume confirmation. Trade with proper risk management!)
📢 Disclaimer:
This post and the information contained herein are for educational and entertainment purposes only and should not be construed as financial advice, investment recommendations, or an offer to buy/sell securities. Trading stocks, options, and other financial instruments carries substantial risk of loss and is not suitable for all investors.
Do your own research (DYOR) before making any investment decisions.
Past performance is not indicative of future results.
The author may hold positions in mentioned securities at the time of writing.
Always consult a licensed financial advisor before making investment decisions.
By engaging with this content, you agree that you are solely responsible for your own trading decisions.
Trade at your own risk. 🚨
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.
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.