VTOL: Prepare for lift-off, triple-digit share price

Lång

Bristow Group, Inc. (NYSE:VTOL)

Uppdaterad

NYSE:VTOL Bristow Group, Inc.

elliottwaves fibonacci oil oiltrading oiltrade oiltrader offshore vtol aviation oilandgas

VTOL will benefit from the resurgence in offshore drilling as their fleet of helicopters becomes more in-demand. Also, the chart is technically beautiful. Clean 5 waves up off the COVID low, followed by a kiss of the 50% retrace. Sell zone is $175-290. The sell zone will narrow as time goes by.

Kommentera:

Nice move over the last couple of days on the heels of the announcement that VTOL was awarded a $700M contract with the Irish coast guard. Thesis and $150+ price target by end of 2025 still in tact.

Kommentera:

So far so good. Fairly safe to say the bottom is certainly in at this point. Well on the way to a triple digit share price.

Kommentera:

Well on track.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.