Prices are facing bullish pressure from our support and could see a further upside above this level.
The New Zealand NZ50G (gross) benchmark index versus some indicative major components: Spark telecoms SPK, Auckland International Airport AIA, and then the electricity generation utilities Meridian MEL, Contact CEN and Mercury MCY along with the NZX Utilities Index G55G - and last, but definitely not the least, is presently the largest New Zealand company Fisher &...
Prices are facing bearish pressure from our resistance and a break below our downside confirmation could see a further drop below this level.
AIA broke out of the Bearish Trendline and tested the Initial Resistance level of $7.17 and stalled. Then it retraced lower only to backtest the breakout zone (Bearish Trendline), 200SMA and the Point of Control of Volume Profile. There is also High Bullish Volume and I think it is preparing to continue higher to retest Resistance level of $7.35 and then move...
I seldom made any recommendation about companies in Hong Kong, but I just accidentally observe a great setup with HKEX:1299 which I think could be a great long target in short term. I dont think we need any introduction of AIA, one of the largestest insurnace giant in the world. Its stock price has trading within the same 20% range for almost a year. Since...
1. On daily chart losing volume and overbought. 2. will probably come down to find support at $6.56 confirmed by following three indicators: a 50 MA b. Fib Level 0.236 c. high volume trade zone 3. Price consolidation zone is $6.17 to $5.67, good support level. 4. if support at $6.56 range fails then next major support is at $5.64. 5. I think my...
Auckland International Airport ASX:AIA continues to trend well and has generated another entry signal following recent activity. Declaration: We are already holding this stock.