Just a heads-up for any traders out there. Easyjet seems to be bouncing back after its 20% fall during the week.

MM's seem to be walking the price up.

Right now we have EZJ Bid: 608.5p Offer: 609p Change: 11, was up 13 a few minutes back.

Jan 6: Numis: Buy - TP; 2100p
JP Morgan reiterates Overweight - 1815p TP

EASYJET PASSENGER STATISTICS FOR DECEMBER 2014

07 Jan 2015 easyJet PLC EZJ Deutsche Bank Buy 1,808.00 1,682.00 - 1,830.00 Reiterate


SP TARGET 1830p

Jan 7: Liberum Capital: Buy - TP: 1725p

RNS about the passenger stats doesn't seem to have gone down too well today.

EZJ moves a lot on a regular basis, but todays drop (1682 to 1644) was not nearly as melodramatic as you choose to portray .... in fact, i dare say, though i haven't checked IAG or even FLYB, that the drop is partly attributable to the request that airlines should pass on some of their savings to passengers

IAG and FLYB prices hardly moved today.

I was thinking that airlines, parcel carriers, coach operators, hauliers, ferry operators etc should all be reporting Q2 and final profit figures above expectations due to much lower fuel costs.....but I suppose it depends on how much they have hedged. Can't help thinking though, that Firstgroup and Stagecoach must be reaping the rewards due to the fact that they have to buy at pump prices. Maybe the airlines aren't so fortunate? I do know that the ferry operators tend to hedge a certain amount of their bunker fuel price, so at mo they are the wrong side of the market price. Presumably airlines hedge a bigger percentage than most?

British Bulls got it right;

EASYJET

Last Signal:SELL

Last Pattern:BEARISH DARK CLOUD COVER

Last Close:
1,644.0000

Change:
-38.0000

Percent change
-2.26%
Signal Update

Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1,682.0000, and our valid average selling price stands now at 1,680.0560. The previous BUY signal was issued on 02/01/2015, 5 days ago, when the stock price was 1,683.0000. Since then EZJ.L has fallen by -0.17%.

HARRYCAT --------

Hedging positions
easyJet operates under a clear set of treasury policies agreed by the Board. The aim of easyJet's hedging policy is to reduce short term earnings volatility. Therefore, easyJet hedges forward, on a rolling basis, between 65% and 85% of the next 12 months anticipated fuel and currency requirements and between 45% and 65% of the following 12 months anticipated requirements.

EZJ CFO (Finance Director) to leave for ARM Holdings

DB4,

At what price are you considering buying at?

========

I have a sneaking belief some of the price drop of this one and IAG is due to "fears" of travelling at the moment.

Surely that goes without saying?

Yep!

But I wrote it.

After checking what I could on and off for a few days.


8-)

295 is cause for unsettlement
i don't think fear of flying has anything to with it - ask erica jong

Fred :-)

Jan 9: Credit Suisse: Outperform - TP: 1830p

Jefferies International reiterates buy on easyJet, target raised from 1750p to 1850p.

Jan 23: Morgan Stanley: Overweight -TP up from 1665p to 1770p

LOVELY.