Yesterday I said, RBA rate decision is very important for us. Only 11 hours left to RBA rate decision. I am waiting to see the new rate and will find a trading opportunity. You can make a small profit trading on EURUSD taking a little risk. My strategy is to SHORT 1 unit EURUSD Offering at 1.3490 - Stop at 1.3505 - Target 1.3410 (1.3460 Invalidation) ... However I am still not ready to take high risk before RBA rate decision. If I find a better opportunity, I will let you know.
Today I am observing that the DOW, NASDAQ Index are breaking to new high. And I was searching a trading opportunity on equities. You will be happy to hearing that I have found One Airline company to BUY. I am introducing that to you. The Symbol is : RYAAY ... I did not see any Insider Transaction but I saw higher rating by SmartConsensus.
Ryanair Holdings (RYAAY) jumped 10% to $29.10 after the Irish airline raised its annual profit guidance because of strong demand and higher fares in the run up to Easter.
Ryanair, which has a reputation for its bearish forecasts, said it now expects its profit for the fiscal year ended March 31 to reach at least $418 million compared to an earlier forecast of about $372 million. Read more about Ryanair's outlook.
I am watching this Airline company for 5 days and realizing, it is giving us a Long opportunity.
My Recommendation is: BUY at Limit $29.50. Remember it's 1 year target is: $37.7 (Low Target) and $55 (High Target) So, watch this Airline Company closely :(
Ryanair Holdings plc is the holding company for Ryanair Limited (Ryanair). Ryanair operates a low-fares, scheduled passenger airline serving short-haul, point-to-point routes in Europe and Morocco from its bases at Dublin, London (Stansted and Luton), Glasgow (Prestwick), Brussels (Charleroi), Frankfurt (Hahn), Milan (Bergamo), Stockholm (Skvasta), Rome (Ciampino), Barcelona (Girona), Nottingham East Midlands, Liverpool, Shannon, Pisa, Cork, Marseille, Madrid, Bremen, Dusseldorf (Weeze), Bristol, Alicante, Belfast, Bournemouth, Birmingham, Kerry, Edinburgh, Reus, Alghero, Cagliari, Trapani, Bologna and Pescara airports, which together are referred to as Ryanair's bases of operations or Ryanair's bases. As of June 30, 2009, the Company offered over 1,200 scheduled short-haul flights per day serving 145 locations throughout Europe and Morocco, with an operating fleet of 196 aircraft flying approximately 845 routes. The Company also holds a 29.8% interest in Aer Lingus Group plc.
| Company Contact Headquarters: Corporate Headquarters Dublin Airport County Dublin IRL http://www.ryanair.com/ |
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