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EL-AL Short Term Outlook

TASE:ELAL   EL AL
EL-AL Airline Company

In dire straits frequently, currently requested assistance from the country, frequently in conflict with its pilots, added to COVID-19 trouble.

Price action looks bearish, this may either continue to crash or reverse, too soon to tell.

Need to watch where it consolidates, on the upper part of the funnel or on the bottom part.
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