Tag Archives: WestJet
Breakout for WestJet (WJA.TO)
Near-term uptrend for WestJet with major resistance at $25
http://www.westjet.com/guest/en/media-investors/
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.
http://westjet2.mediaroom.com/index.php?s=43&item=1118
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WestJet trading above the 200-day simple moving average
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“Technical Analysis is about probabilities.”
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.
© 2016 TradeOnline.ca

WestJet (WJA) candlestick chart
Tentative breakout for WestJet at 33. Target price 35 to 36
Until WestJet holds for a couple of days above 33, I class the breakout as tentative. If it holds, we have a new support reference point. The reversal of roles from resistance to support is a important concept in technical analysis.
Reference my last chart analysis for WestJet published on October 23, 2014.
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A view from the weekly chart showing the major uptrend for WestJet
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“It is all about probabilities”
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.
© 2014 TradeOnline.ca
WestJet (WJA) daily chart
Near-term uptrend for WestJet
News Release December 3, 2014: WestJet Airlines reported a November load factor of 80.5 per cent, up from 79.7 per cent a year ago.
http://www.westjet.com/guest/en/media-investors/key-dates.shtml
WestJet reports earnings November 4, 2014.
______________________________
“It is all about probabilities”
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.
© 2014 TradeOnline.ca