AIR good RR trade opportunity soonHolding 0.5 Fib retrace level. At breakout of mentioned level or at supertrend signal go long with TP SL provided. Great RR
LongLong
MFTQuickest return to previous levels on the whole NZX
Top Company of course but why ?
Will it continue or Crash back down
Transport restricted only essential allowed.
No one to recieve anyway.
It has 250 locations around the globe which are also stuffed so go figure.
Looking to the optimistic future i guess.
Long
Must be best company on the exchange last 5 years Must be best company on the exchange Financially last 5 years earnings all increased projected earnings 16.5% per year.
I brought these when they where
$7.20 Aug 15th 2015 : )
Long
Long
IFTIFT
As Chart says predicted 49 weeks ago, it's a long waiting game thats why im trying to get good at USA stock trading moves like this happen in minutes sometimes.
You can practice trading USA stocks on Tradeview they have scanners and Highest Volume in the side bar all ready to go just click on it and trade, better than Think or Swim what a nightmare platform.
Short
NZONZO
Back to previous high happens quite alot in this game big players know it's a safe place to shoot for when they decide to start piling in needs to break above blue lines, watch.
NLong
Long
Meridian Profit TakersSuggest Sell keep some profit
Buy if it hits $3.785 looking for the next share price to run up
Short
SMLWho Knows really the new Zealand Share market is the most fickal in the world if u ask me very little makes sense on an earnings to share price ratio it is ridiculous .
Companies earning $350 m a year year on year are at $3.50 pr share and a company that earns $20m is $10 ? how does that work ?
Anyway based on Forex trading this is the most probable chance i think it has broken Resistence it is pulling back and will have another run then pull back then have another run as they do then take profit at the top because everyone else does
The stupidis thing you can do is sit there and watch your money dissapear, take money off the table then look for next best probable move.
When it hits $10.20 Buy safer thing to do it is moving up WAIT let the market tell you what it is doing if it doesn't hit,don't buy.
Long
GTKIf breaks $5.60 should go to $6.40
then Sell look for next good move
Who knows really but thats my Guess based on ewhat i have learnt over the last few years purely Technical wouldn't have a clue how the company is doing i have concluded over the years it does not matter 1 iotta
What matters more is crossing of Moving Averages etc that will tell you more
News announcements of course take head of those if you are able and can be bothered checking the News announcements (After those in the know already have Brought or Sold the day before because that is how it works believe me i have seen it : )
NZ market is Fickal
Long
IFTThis is my goto Setup best chance buy the big boys will know it is an easy run to previous levels then they will sell
IMHO
Long
Long
Meridian EnergyOK stab in the dark who knows really but
We had big down candle
Then indecision candle
Then Basically Pin Bar
Looks to me like wants to go lower
Morning Star suggest recomended price $4.10
Cueently 1 star = Over priced
Short
Medium term reversal.Bullish divergence, horizontal support, long term trendline, 30% pullback from the highs.
Long
Air New Zealand looks like it reversedInitially thought there was a bullish fractal in play, but I kept looking and it seems like wishful thinking. Considering global recession is looming, the bullish scenario playing out seems highly unlikely.
We are at resistance now, so it's a good time to sell. Maybe we will revisit the 3.6 and that's a slam dunk sell.
$7.50 is a no fly zoneNo momentum to break higher - Price instantly gets sold into. This might need to test some support before a new all time high. Not a sell call yet, but soon maybe.
10 year bear flag breaks downHuge momentum to the downside now on news of lower profit forecast.
How low will this eventually go? Bear flag says 0. The double bottom of 1.65 seems likely.
This company owns so much of NZ construction... What on earth happened during the last 9 golden years in NZ?
Short
Short
Long
A bad case of Mycoplasma bovisAnyone buying before 4.84? It's a Monthly support + wedge target + an almost 100% retracement.
Short