27 minutes to go... on RR 30 min chart I see green candles making new highs. Hope this trend continues. ATB
Enjoy your stay
1:30PM BST
First of all I hope David likes my d i k. And hope he covers his short soon.
CPI data 1PM and 77 is our last support. Stock is looking very weak
Well I feel all our fates will be decided tomorrow at 13:30 BST.
Once US CPI figures come out it will set the market direction for all markets
Everything is going red
EOM
77p first support
David can s u c k my d.
Because David perry ******* is shorting with 75p target. We all know how even indexes can crash 8% if one trader misclicks something ( Citi crash yesterday )
Hi everyone, hope you are hanging in there.. just take it with pinch of salt but my observation is :
- IAG & Airbus earnings this week - potential catalyst
- FED minutes Wednesday- Will either positively / negatively impact this
- RR share moves in correlation with NASDAQ100. yes you read that right, no idea why but it behaves like a tech company lately than an aerospace defense company. If you don’t believe me open NASDAQ 100 futures and see how every time there is a green candle there we go up as well.
- May 12th Shareholder update
- BOE interest rate hike this week can impact us as well
I feel war and Covid is baked in to the sp already and it’s no longer reacting to those news.
Support : 82.40p still holding
Resistance : 86-87p
Let’s hope we survive this week for some good days ahead we have taken 17% loss thus far and it’s not been easy.
Agree with inky still not out of the woods
What justifies is the amount of revenue they used to generate from civil aerospace engines and military deals.
We used to trade at 1500p but pandemic caused lot of debt and trimming as you are aware.
Fact that we are going back to prepandemic travel means they’ll be in profit again and also restart dividends in future.
It went to 155p not so long ago but got beaten down due to omicron and war.
Omicron is out of the way and so is war. I think in few months people will move on adjust and get on with lives. How long can Putin keep fighting :/
First it’s not at 84p but at 82.38p instead. Second it’s P/E is at 44 not 57.
And I agree it’s bit towards higher multiple but at the same time comparatively look at the share price pre pandemic let alone look at it 2 weeks ago we were at 110p for no reason.
Have you seen P/E for Tesla?
EOM
25-Apr-22 16:35:13 90.143 15,376 Unknown* 13.86k O
GE reported great numbers on Aviation and they are down because they do other things as well and those numbers weren’t that great
Raytheon Bullish On Wide Body Jet Recovery -- Market Talk https://news-static.webullfintech.com/us/news-html/20220426/50354453.html?theme=1&hl=en&color=2&_v=1&tickerId=913324503&disSymbol=RTX&sp=0&hl=en
Meanwhile David Perry can lick my feet.
Sadly retailers can't make any difference now. Its down to MM like JPM to wipe out and take their money before we see any reversal.