Breakout for WestJet (WJA.TO)

Near-term uptrend for WestJet with major resistance at $25
Breakout for WestJet on the daily candlestick chart.

WestJet 6-Month Daily Chart

CALGARY, April 6, 2016 /CNW/ – WestJet today announced March 2016 traffic results with a load factor of 83.2 per cent. Revenue passenger miles (RPMs), or traffic, increased 7.4 per cent year-over-year, and capacity, measured in available seat miles (ASMs), grew 5.0 per cent over the same period. The airline flew a record 5.3 million guests in the first quarter, a year-over-year increase of 8.4 per cent or approximately 411,000 additional guests.


WestJet trading above the 200-day simple moving average
WestJet moved above the 200-day moving average

WestJet (WJA.TO) 3-Year Weekly Chart


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Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

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