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Some triggered "investor" attacked me days ago when I called R.R to hit 260 or a little lower before finding support with a bit of luck. I wonder if he still disagrees with me? https://www.tradingview.com/x/aSkXeRUt/
Chart analysis and technical indicators show BUY SIGNAL.
I'm guessing the drop is down to airbus cutting jobs, less jobs for less demand.
I got in at 2.80 so will hold on long term and happy with that at the moment
No bro its cos the charts said so. https://www.tradingview.com/x/EiB925f8/
OK so far so good just be aware of possible danger once it starts approaching 361 in the next few days. https://www.tradingview.com/x/qZIqtiLI/
Swazers what's your twitter name (Swazers not coming up) and the links you post just show a graph not twitter :-)
p281.60 and still going down .. :S !!!
279 !
You need to stop looking at the SP on a daily basis it clearly shows inexperience when it comes to share dealing Chill out !
Will no doubt come back later in the day and longer term this should only go upwards,this isn't the sort of share to expect huge swings up and down without news.
It's only dropped a few percent, I would only be sad if I held at 900p.
@SwazersC
259 actually now but let's see how this move plays out. Remember guys swings take place over days/week/months/ depending on the time frames. No rush we are not day trading it for heaven's sake. I have recharted it and I'm hopeful it will find some support around 260. Let's see. Have a nice weekend.
Well said Swazers.
Is this thread, the perfect reason why newbies (like me), should not take any notice of forecasts on here?
Swazer:
On Tuesday you complained about being attacked for calling 260 and used a chart to show you were right. (SP was 286)
On Wednesday you again said you were right and produced another chart showing 260. (SP was 285)
By Thursday you changed your mind and said we should be mindful of danger when it gets to 360, again producing a chart. (SP was 304)
..and now your back to 259 and saying you're going to re-chart looking for support. (SP is 263)
Ignoring broker fees and stamp, here are the figures, assuming I started out buying 1,500 shares for £4,500 and then listened to you..
On Tuesday I was spooked but waited and then quickly sold on Wednesday for £4,275..
Oh no.. on Thursday its going back up to 360, quick, buy back in with my £4,275, gave me 1406 shares..
Oops, no it was right first time, going down quickly, sold again for 263, giving me back £3,697.
Wow.. I would have just lost £800 in a week..
Were you buying against your advice on here to try and drive prices your way, or are your charts just a bit out?
Arsenal17:
Thank you for being the voice of reason..
Do your own research folks and beware prices can go anywhere.. at any time..
Sounds like you are trying to trade it if you were to do that. Focus on the underlying market. Are less or more people going to be flying over the next few months? How long will people avoid long haul flying. Based on this buy in when you think the worst is over (perhaps that’s in the past) and hold over the next 3-5 years as the company recovers. You might be able to trade it by guessing and getting lucky but most lose money
Your post is mostly irrelevant. Yes, I would have taken a long position when it reacted to 269 (previous day). I would now be in a trade. Why? Because my system dictates when we have a set up on the daily & 4 hours we "get in". My system does not use a psychical stop so I would not be taken out by the dealers with "double touch at support. Instead of using the cut & paste to try and contradict me, why not just ask me in one sentence? So much easier than trying to flex your intellect on here. I stand by my initial call. Look for it touching 260, see if it finds support then swing it. Look out for 361 as there strong resistance up there. I do not understand the hate I get on here for making calls ahead of time. Why not learn to read the charts mate? You never know you may learn something you don't know? Peace.
Aqua, Don't strawman me. If you do not have the sufficient capital to gain a reward then why buy a stock over 200P? Go and stock up on XRP or HUR. My model with RR works when you're swinging much larger amounts of money. Then it becomes worth it. your misquoting and creating fallacious strawman arguments. If you lack the required capital to gain an X% return using my strategies here with R.R then your in the wrong league.
So are you calling that it’s hit the bottom yesterday?
The big trades have taken position at 260-270 and
Now it’s onwards upwards??
It’s futile trying to call the markets. It might sink to 2.20 but it might rise to 3.00 depending on what news and action is taken...I personally think RR is a long term investment so as much as it’s nice to catch the bottom of the market, very few people actually do.
The market is a mess... But I can't see there being much Downside from here. I read somewhere that they could sell the shares they own... Therefore no affect on SP.
Remember, it's the goal of the PR and money people to get the SP as high as possible... RR management are on the investors side.
Might go lower... But will definitely go higher!
If it mange to break support of 240 than we could go down to 200 if not we go back to 350 or 400 atm its unlikely we see this goes to 200 but we never know.
@SwazersC or Swazers Chart Lots of R.R charts on there.
OK cool your a buy and hold guy. This is your one strategy in the hope it's still up when you're ready to cash in. Good luck, sincerely with this strategy. I have about 100 at my disposal. I hope it works out for you. Peace.
Swazers Charts