WizzAir is a Hungarian low-cost airline. The stock sits in a tight range with ?60 as the target.

Wizz Air Holdings PLC (LSE: "WIZZ") is a Hungarian low-cost airline. The group have recently tried to buy out Easyjet symbolising they are in a stronger position than its British competitor.

The total market cap for WizzAir is £5.2bn. Looking briefly at the financials, like many airlines they have seen a reduced revenue and loss because of the pandemic. The full figures can be found here.

From a technical aspect, WizzAir looks very strong and has a similar setup to Ryanair. A symmetrical triangle is currently forming (red lines). Support sits £48.00 per share with resistance at £52 - thus a very tight range. It's likely the stock could bounce around in this area for another few weeks before further upside with £60 as the target. Unless £45 is broken would the upside outlook change.