EasyJet rallied 58% since March, will the recovery continue?
- Now trading at 644p (at time of writing), the share price momentum has been very strong.
- Could this be the ideal opportunity for momentum traders?
- Shares -57% from 12-month highs; +58% from 12 month lows.
EasyJet lays off 4000 UK cabin crew for two months due to Coronavirus(28 April)
Swiss government seeks $1.95bn to aid aviation sector (29 April)
Broker recommendations: 10 buys, 12 holds, 3 sells
H1 2020 results (30 June)
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires