WestJet Airlines comes to interesting technical levels.

From a fundamental viewpoint, analysts have largely revised upwards their EPS estimates during this year. This situation could feed the bullish run found for several months.

Indeed, from a technical viewpoint, shares are coming in contact with interesting levels both in daily and weekly data. The stock is near an upward trendline that should support a rise in coming sessions.

A trend following can be initiated on WestJet Airlines in order to reach the CAD 31.9 resistance in a first instance. However, the most important part of the position could be kept in order to reach the CAD 34.04 long term resistance. In case of trendline breakdown, positions should be cut under CAD 30 support.