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?
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,
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
”When investors are euphoric, they are incapable of recognising euphoria itself “
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.
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.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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.
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...
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
Originally Posted by couta1
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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