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AZUL - The Airlines Oils Builders And Hospitality Stocks Are Back In Play
Azul S.A. American Depositary Shares
A week ago, I wrote an article opining that a pullback, a retreat, from a sudden run-up in Recovery Stocks would soon be upon us, but I did not expect something this dramatic, this soon.
All of the stocks in the charts below are buys this morning. I would hold them all until they break above their recent highs (June 3-8, 2020).
If you notice the RSI reading (relative strength) on most of these charts, it is angling down to another baseline over the next couple of days. The stocks are setting up for