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Thread: AIR - Air NZ.

  1. #7571
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    Very interesting discussion going on this thread today, I guess that's the beauty of this forum!!!

  2. #7572
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    Seems like support at 2.17. Starting to accum. a few more at close. Was in green 10k last week, but now down to 1.4k in green. Anyone else getting itchy finger?

  3. #7573
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    I wonder if yesterday will be the higher low that follows the higher high from a TA perspective. If it is it's a good sign but I'm still learning about the complexity of charts,

  4. #7574
    Speedy Az winner69's Avatar
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    Baabaa loves his weekly charts and so do I. Weekly changes in price wraps up how investors have behaved during the week by eliminating most of the daily chatter/noise that has occurred during the week.

    If AIR closes at 217 this week it will have broken a run if 4 positive weeks and will be the worst week since that big tumble at the end of April

    That in summary is how investors/traders/punters have seen AIR this week
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #7575
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    Quote Originally Posted by winner69 View Post
    Baabaa loves his weekly charts and so do I. Weekly changes in price wraps up how investors have behaved during the week by eliminating most of the daily chatter/noise that has occurred during the week.

    If AIR closes at 217 this week it will have broken a run if 4 positive weeks and will be the worst week since that big tumble at the end of April

    That in summary is how investors/traders/punters have seen AIR this week
    I'm not near a computer to look at chart but I would have thought the 2.17 to 2.035 during the Brexit fall was worse.

  6. #7576
    Member Tony Two Gloves's Avatar
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    Bugger - just bought some more at 2.18 and 15 mins later they are at 2.165 - as my wife says its all about the timing!

  7. #7577
    Speedy Az winner69's Avatar
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    Quote Originally Posted by workingdad View Post
    I'm not near a computer to look at chart but I would have thought the 2.17 to 2.035 during the Brexit fall was worse.
    Brexit week was an UP week (even if it was only 1 cent) and ended the week at 208

    Week following Brexit it closed UP at 209 even though the price went down to 202 or something during the week

    Brexit doesnt feature on weekly charts - just a lot of noise throughout the week

    Did make a mistake though - there was a bigger down week ( that ending June 17) which was down 15 cents so this week will not be the worst week since April but still breaking a run of up weeks .....must pay more attention to my numbers
    Last edited by winner69; 22-07-2016 at 02:23 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #7578
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    Quote Originally Posted by Tony Two Gloves View Post
    Bugger - just bought some more at 2.18 and 15 mins later they are at 2.165 - as my wife says its all about the timing!
    Only 500 shares went through at that price so don't worry, I've been buying all week between 2.17-$2.23 (Avg 2.19) Could have saved a good Sum buying them all at $2.17 but that's the nature of the game. Happy to get my total Avg down from $2.75 to $2.31 now.

  9. #7579
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    Quote Originally Posted by Tony Two Gloves View Post
    Bugger - just bought some more at 2.18 and 15 mins later they are at 2.165 - as my wife says its all about the timing!
    Back to 217 now, one thing sure though with AIR we can never say you picked absolute bottom or top, as long as you're in the trade range that's all it matters!!! Who knows by close today it might've dropped to 215 or headed up to 219?? Better to toss a coin than predict the sp movement in this case at least, just my 2c...

  10. #7580
    Member Tony Two Gloves's Avatar
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    Yes am happy to accumulate in this region, although my holding is creeping close to yours at 75,000 - really want a nice 100,000 shares so it makes my Divvy calculation easier
    Quote Originally Posted by couta1 View Post
    Only 500 shares went through at that price so don't worry, I've been buying all week between 2.17-$2.23 (Avg 2.19) Could have saved a good Sum buying them all at $2.17 but that's the nature of the game. Happy to get my total Avg down from $2.75 to $2.31 now.

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