Member Info for Rr101

Next support is 122 now. Hope it doesn’t get that ugly

Trouble is this week is going to be very rocky I think. RR and IAG are going to very susceptible to Covid related news. Took a battering last week (iag did especially) and Rolls was just about hanging on. Could be hanging in due to fomo on the SMR front. Anita Frew has sparked questions on why she has made some pretty large buys in the past week.

Morocco was more political I believe. Youl find some articles on it somewhere. I could be wrong but I’m sure I read it wasn’t really to do with Covid.

70 flights per week for one airline to one destination is a very good start.

Article reveals all anyway.

https://simpleflying.com/iberia-bets-big-usa/

https://simpleflying.com/exciting-two-airlines-announce-the-a380-return-this-week/

Anyway, whichever way you look at it, sh*ts tanking.

Only just scanned through this but I think Red is referring to Covid alone. No underlying health issues etc etc.

Devils advocate

20% is very hasty but I couldn’t disagree with it. Let’s just hope it doesn’t happen.

Was looking very good but suddenly took a 90degree drop. Let’s see how it plays out.

Oil dropping still.

Evergrande met payment deadline

Aftermarket also looking considerably better compared to the last few days. Could change by tomorrow mornings bell but to me that shows there’s big interest and definitely a FOMO getting attached to this. They have so many contracts and potentials in the pipeline right now.

https://asianaviation.com/rolls-royce-haeco-sign-deal-for-engine-services/

and showing good consolidation in the 138-145 area still. It could still drop of course but il take today’s closing share price after the hit travel has had this week.

Brent and crude down almost 3% when I last checked also which bodes better for airlines margins.

Yeh iag I’m not confident about tomorrow either. Rolls does seem more stable but had a wobble today. Maybe it’s the anticipation of wether US will open to the UK.

Either way tomorrow is going to be another rough day probably. Still baffles me though how iag can be so volatile. Investors must be very wary of RI so next results will say all. November the 6th is it?

Don’t look to appetising. Today was a tough day. Although it finished way better than I thought so well done Rolls for that.

Iag also very tough few days. 20% drop in 3 days! :o Surely that goes into the oversold bracket??

https://news.sky.com/story/covid-19-enforce-plan-b-restrictions-immediately-or-uk-risks-stumbling-into-winter-crisis-pm-warned-12438888

https://news.sky.com/story/covid-19-enforce-plan-b-restrictions-immediately-or-uk-risks-stumbling-into-winter-crisis-pm-warned-12438888

Over 2% down already. Here comes another bloodbath.

Yeh that is a bit concerning, when that happens, most start to then panic sell too.

Ftse and most other indexes currently in the red so hopefully will recover throughout the day.

It’s just not breaking out, one good push and we will be away. Come on rolls!

Balls! Red X.

Strange, I must have never looked at 4am before.

Wirecard remains with a red X right the way through though. Never mind.

False alarm, sorry guys.