Member Info for Anapa69

Deutsche Bank raises Wizz Air price target to 3,250 (3,150) pence - 'hold'
Barclays raises Wizz Air price target to 3,000 (2,640) pence - 'overweight'

Remember,
Pullbacks are healthy and nothing to be panciked about. Pullbacks bring in new buyers which is good for overall share price appreciation.

All tech indicators like RSI, MACD etc were showing overbought condition when it hit 30. So there was bound to be some pullback and consolidation which is happening now. Wizz will not stay back if other airlines share price is rising. IMO wizz will start trading above 30 from next week.
DYOR

I think confidence is returning to airlines/leisure sector, so don't expect drastic drops in share price going forward.
Hopefully wizz will report good results tomorrow. I hope wizz will start trading around 33-3700 area soon.
dyor

I think all airlines/tourism stocks will do well for next couple of years. So I would stay invested in this sector.

JPMorgan raises Wizz Air price target to 3,600 (3,400) pence - 'overweight'

No, I don't follow their targets. I usually set my own price targets.
But Broker targets get wider publicity and if I feel price target is positive for me then only I post it here. Otherwise I don't publish here!!

UBS raises Wizz Air price target to 3,200 (2,360) pence - 'neutral'
Davy raises Wizz Air to 'outperform'

Hope you guys are still holding like me. Wizz has just cleared previous high and making higher high almost every day, so no reason to sell for me.
I will certainly wait for 3300 to 3700 which is next area of major consolidation.

I feel about chairman Joseph who sold at 23-2400!

Morgan Stanley reinitiates Wizz Air with 'overweight' - price target 3,575 pence

Nothing to worry tbh. Joseph was short of some cash to buy Xmas gifts!
WIZZ will march towards 3000 by year end, but DYOR.

That's right. It fell too quickly for no apparent reason and now recovering some of its lost ground. Also looking at share price of other airlines/travel stock, it is still about 20 percent below.
Don't think it will consolidate here for too long, my take is it will approach 28-30 pound in next couple of weeks and by Xmas may trade around 33-35 pound. This is all my wishfull thinking, so always DYOR.
Couple of more directors have bought recently which is again encouraging. Hopefully 40 to 45 pounds by Easter.

Things should move smoothly. WIZZ share price could hit 3500 to 4000 by Xmas / New year.
Just sit back and relax.
Directors have shown real faith in this company and have bought loads in 1600 to 2400 range. They will certainly look for doubling / tripling their investment. Why can't we retail investors do the same just by holding the shares for few more months?

DYOR

Looking at where other airlines are, Wizz should be somewhere around 23-2400

Wizz is making HH and HL everyday. Hold tight, we should see 3000 in next few days.
Considering where other airlines share prices are, rally has just started and hopefully wizz will trade above 3000 very soon. So worth holding tight and don't trade for pennies.
DYOR.

You need to read the article properly (see below)
These wizz flights are from UAE to Russia. Other UAE carriers never stopped flying to russia during ukraine war. So wizz has joined them now. As there was no action against other UAE carriers, why wizz will be singled out?
Also this news came out on 8th August and already priced in. Don't try to scare people here!!

==============
DUBAI, Aug 8 (Reuters) – European budget airline Wizz Air will resume flights from Abu Dhabi to Moscow from October, it said on Thursday, more than five months after the carrier suspended all services to Russia following Moscow's invasion of Ukraine in February.

The airline's Abu Dhabi-based joint venture, Wizz Air Abu Dhabi, will operate the daily flight from Oct. 3, with fares starting from 359 dirham ($97.74), it said in a statement.

Wizz Air, which in October 2021 announced the Abu Dhabi to Moscow flights would start in December that year, said on Feb.

27 it had suspended all flights to Russia.

Other Emirati carriers, including Emirates, have continued to operate services to Russia following the invasion of Ukraine.

Wizz Air Abu Dhabi is a joint venture between Abu Dhabi sovereign wealth fund ADQ and the European airline. It is based in Abu Dhabi and is a United Arab Emirates registered carrier.

Resumption of flights to Russia from UAE is old news that came out on Thursday 11th August. So I beleieve priced in.

Wizz has just cracked MA100 at 2503. Once it closes above MA100 next target would be MA200 which is currently at 3311.

Also check how many directors have piled in 1800-2200 area, don't think they bought to sell back for 15-20% gain. They will be looking to double and sell above 4000 to 5000 area.

It is hard to guess how wizz share price unfolds. But wizz shares are mainly held by institutions and they know lots of inside stories. Could be Ukraine war coming to end, could be Euro getting stronger.
And as a business wizz is doing everything in favour of share price improvement.
dyor

Hold tight! I think we have left behind difficult few weeks. Wizz should trade around 3000 in next couple of weeks.
Don't try to day trade for couple pennies. Things are improving fast and Wizz is well ahead compared to other airlines.
Hold tight!

DYOR

UBS raises Wizz Air price target to 2,925 (2,700) pence