AIR - Air NZ.

[smtrader]

strong bear pin developing.. i might be wrong but this might be the last DCB before a serious move downwards.. make sure the fasten seatbelt sign is on..

[bull....]

strong bear pin developing.. i might be wrong but this might be the last DCB before a serious move downwards.. make sure the fasten seatbelt sign is on..

looks dodgy, dcb might be over a?

[workingdad]

looks dodgy, dcb might be over a?

Or not......

[GR8DAY]

.....in fact now showing all the signs of a genuine SP recovery.......and not before time.

[K1W1G0LD]

More dodgy TA, cast in the guise of expertise!

[cyclist]

More dodgy TA, cast in the guise of expertise!

I for one would be a lot better off I had acted on the TA arguments for this stock. They have picked the wider trend pretty jolly well. Always good to maintain an open mind ....

[biker]

Buying more VAH at .275 Two months since AIR announced desire to exit.
Anticipating some developments over the next month

[Beagle]

http://www.nbr.co.nz/article/air-new...emand-b-189719

[smtrader]

Or not......

I think if everyone forgets TA's and looks at the bigger picture one can easily summarise that the short and medium term outlook is negative on many fronts, fuel costs are going to go up (AIR's hedging hasn't really done much, only transfered cost between years slightly with the addition of transaction fees - check them for yourself), demand in sectors are low, competition is high (which will slightly reverse ounces costs rise), interest environment not promising going forward and it's a cyclical stock... besides these fundamentals, there is now obviously some tension by shareholders seeing SP drop so drastically which will make any investor/speculator look twice before plunging money in AIR, thus you can't expect prices to just magically go up again for no reason (btw no one complained when stock price went up drastically over 2014 & 2015).. also, which is a BIG ONE, the flow of international money into the NZX over the past 4 months, has caused the whole market to go up.. you have to factor in what will happen when all that capital heads for the exits.. at the time, everyone thought the Fed was bluffin on raising rates, but now not so much, and funds will exit if that idea gains momentum... if your strategy was to hold AIR long term then forget monitoring the stock, collect dividends and eventually sell .... if you planned to be a short term holder and in a bad position atm, then reorganise your strategy and portfolio, perhaps decrease your average price and move along until it's time to sell.. of course things can quickly change as sometimes they do but for the time being it's not looking so promising.

[peat]

I bought AIR this morning,

Weekly looks good
AirNZWeekly.JPGgiven the grossly oversold position

The monthly not so much

Attachment 8082Still dominated by the shooting star,

but I'd never buy an airline as a long term investment.