Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Looks to me like a green open tommorow morning... As we seem to follow airline related stocks look at Boeing today after it had the same drop off
Love to hear what other people think or this compared to their own analysis
We need this lift to break 90.7 to enter the resistance levels we set in February.... 86.8 is then the next level I can see that's stopping us.. we hit it briefly back in January although that was a healthy resistance level as it bounce straight back up.. we aren't showing that this time... Which is why I think it's very important we get above 90.7 asap
I think we will open green... Although we aren't just aircraft related our stock movement says otherwise... And Boeing started to show signs of a tiny recovery after yesterday's drop... Therefore I think we could have a green Day.... Just not saying whether that will last or not. I really hope we seen this year's bottom
Is 86.8 our bottom? we tested it in January and failed that was our resistance today... we are currently fairly deep into the oversold areas on RSI, can we go back up from here?
Yea good points made about a potential drop when US market opens... Hopefully we see a recovery before then so when/if it does drop it will only go back to the level we saw this morning (nearly at again now)
5th I believe.... The worlds travel is up to 50% it's not quite the dispair it once was... And I apologise if I'm wrong here but that is inline with RR predictions.... However this summer can't be... I believe sales new for aircraft have been higher than expected so hopefully this has helped us and would be good to see some big news about our SMR... Been very quiet on that front as that's a pot of gold right there.
I think this is bottom..... for now we will only see this drop further IMO if Biden comes back and says he has no plans to open transatlantic in the near future
90.5 was definitely a fairly resistance level set back in February. Hopefully this springs back up asap to maintain that
I was quite surprised to see us so hard on France when there cases are so low still just because of your beta strain. We have that strain here and had it for as long as I can remember. It's obviously not that much of a concern is it? I'd be suprised if any country wants to accept flights in from the UK. Hope Europe get some good news from Biden this week ??
Not sure where it's going this morning... Any ideas?
Yea fair few in the air.. although I'd like the transatlantic to look busier!!
Yea this doesn't make sense... If there was no such thing as a vaccine then yes you are right... But you and the market need to stop looking at cases and start looking at hospitalisations
I agree with your analysis. There is a good resistance level from back in Feb at these levels. However if we don't bounce back up and further bad news comes in then we are at risk. Before today I had marked 90.6 as my bottom. It touched exactly that and bounced up but not enough
So many concerns about the delta strain. But look at Delhi where the outbreak was horrific... They are already reporting lowest cases again... The end is in sight just ride this storm out. Hopefully this is the bottom.
Yea 50% will close you. It's currently sitting at t quite a strong resistance level... And many of the charts RSI are in the oversold region. So I'm hoping don't see lower than what we saw this morning. Other countries opened up without a high % uptake of the vaccine and now panicking.... Hopefully with our much higher update we can break that trend and bring some positive news to the market. I personally think we will need even more bad news to break it lower than what we saw this morning.
Forget the airline sector being a **** show for a second.... And looking at all the fingers in all the pies rolls has.... This is going to be huge... Forget people talking about 130 that's pocket change to what this can do in the long run
Very oversold... Will hit 99 then bounce back up... How high? My guess would be 104/103
Seeing videos of India are scaring investors... Obviously living conditions in India are worse than ours in many places so easier to spread. However we need the science to come back to us and tell us how affective the current vaccines really are against this, especially against the serious illnesses and death.... OR that the booster vaccine coming out in autumn/fall will be successful against this strain.
?? hope your right. Need some good news think we are due it