Member Info for coolebenji

..there is going to be work for the SP to do here, but this chart is the best way to see what the SP is doing... when we get a confirmed breakout the price will range higher... the range below the SP now is the work the SP achieved last week..
... this is how see things..
https://pbs.twimg.com/media/FA11LzKWYAcT-zn?format=jpg&name=4096x4096

their shorting started on the 16th July, what could they possibly know on how events could unfold for the better to where we are now.. it has been pretty much a 180-degree change in fortunes...

..a short position isn't enough information, they could have a short position in on hand and accumulating on the other hand, pay a few derampers and it's a nice little earner.. there is no evidence of financial risk, l don't think, with a growing and expanding revenue...
...l don't know anything here and l know just as much as anybody else, but with changing events, they are changing for the better with real support all around for the industry to recover...

Reversal doji on the 15 min bar...
Dragonfly Doji

..still the highest close since 5th July...
pretty pleased with yesterday's SP, the SP didn't do too bad...

GL All

Border Force - things are moving apace on travel re-opening. I understand airlines are being briefed for the US re-opening borders between 8th and 13th November

https://twitter.com/PPaulCharles/status/1443885452272996356

Weekly Chart:
https://pbs.twimg.com/media/FA3TPgmXsAY1Vlp?format=jpg&name=4096x4096

Still to come this week:

(Thursday)
The existing red list will continue to be updated every three weeks, with the next reshuffle expected on 7 October

(Thursday)
Transport and health ministers of the G-7 countries are due to meet virtually on Thursday

( October Sunday 3rd to Tuesday 5th)
The International Air Transport Association
Consisting in 2016 of 290 airlines, primarily major carriers, representing 117 countries, the IATA's member airlines account for carrying approximately 82% of total available seat miles
The new Director-General of IATA Willie Walsh Previous BA CEO,
attending Luis Gallegos present CEO
Airline leaders are intent on showing up for in-person elbow bumps to demonstrate it’s safe to fly for business again.
List of speakers:
https://airwaysmag.com/industry/iata-77th-annual-general-meeting/
Wow this is a massive deal..!

..not sure if everyone got the memo but the US is opening back..
pay attention BB

https://www.telegraph.co.uk/travel/advice/travel-usa-when-uk-ban-end-november-entry-requirements-america/

Willie Walsh points out some of the Challenges..

https://www.airlines.iata.org/blog/2021/10/willie-walsh-vaccinations-should-bring-freedom

IATA says airline industry recovery in sight
"We are past the deepest point of the crisis," IATA Director General Wilie Walsh told the group's annual meeting. "While serious issues remain, the path to recovery is coming into view."

https://www.reuters.com/business/aerospace-defense/iata-sees-sharp-fall-airline-losses-2022-2021-10-04/

Willie Walsh was also on Radio 4 this morning..

..l think big-blue is a Big Baby and £140 is his rattle..
..maybe breastfeeding would do him good

#Filtered: Jtan, Fugazi1, big-blue

Chart:
https://pbs.twimg.com/media/FA11LzKWYAcT-zn?format=jpg&name=4096x4096

#Filtered: Jtan,Fugazi1,big-blue

l see one of these have posted... hang your heads in shame boys..!
..if you knew anything then you would know the significants of Fridays move..

one thing l have learnt, it is better to add to your winners than to add to your losers...
...added 5%

Breakout opens up price range to 220 now possible in good time...

I would think these were the plans when there looked like no US opening for the foreseeable future, and the strategy for that environment.. the US change in fortunes is a game changer though..

Skys is the limit as more airlines prepare for green-list destinations

https://www.thetimes.co.uk/article/61827ec0-247f-11ec-b294-93d60efb4f97?shareToken=082872407c02d2e4b97aeea863d00435

It’s all about recovery and the balance sheet, relying on key strengths…

https://www.flightglobal.com/iata-chief-walsh-on-2022-recovery-rogue-suppliers-and-sharing-the-pain-on-sustainability/145691.article

Willie Walsh speaks
for me the Key takeaways …

Once people can travel with confidence and once the exorbitant price of testing has been removed or reduced, we’ll see a very strong recovery,” he says. (Willie Walsh)

That, unfortunately, means “some airlines remain very vulnerable and we should expect some to fail”, he observes.

“Given that balance sheets are weak, it’s going to be a brave move by an airline to enter into traditional acquisitions, particularly if there is cash involved,” he suggests. “I think there’ll be a cautious approach, certainly in the next two, three, maybe four years, as people focus on helping themselves with their balance sheets.”

…
It’s all about recovery and the balance sheet..