AIZ 0.00% 48.0¢ air new zealand limited

AIZ- Bigger picture / proceed with caution

  1. 2,433 Posts.
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    AIZ has not seen the rapid surges of other stocks, it has followed the market very closely. It is not protected by prospect of flight re-opening.

    Saying this I took today's opportunity to SELL my AIZ as its trends make it very vulnerable to risk as tomorrow the unemployment data will be released and following a 10th day straight of green. I unfortunately think many people could become caught in a bull trap.

    When I say high risk
    - It will only take 1 case of coronavirus on a AIZ flight, reported, true or not ,and media will run with it and see this drop significantly.
    - Share price is very heavily influenced by market trend which are sure to see significant downside.
    - Unemployment figures will be >18% this will send shockwaves through financials

    Please proceed with caution, at this stage the market is nothing less than gambling. Only gamble what you can afford to loose.

    DYOR

 
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Last
48.0¢
Change
0.000(0.00%)
Mkt cap ! $1.616B
Open High Low Value Volume
48.5¢ 49.0¢ 48.0¢ $402.9K 836.6K

Buyers (Bids)

No. Vol. Price($)
30 490739 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.5¢ 102406 4
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AIZ (ASX) Chart
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