SYD
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0.00% $8.72 sydney airport

I'm not a fan of TA, rather, prefer trade on a bit of...

  1. CharlesTyrwhitt
    31 Posts.
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    05/05/20
    15:07
    Post #: 44444199
    I'm not a fan of TA, rather, prefer trade on a bit of speculation...

    I've heard rumours that domestic travel restrictions are going to be progressively lifted sooner than anticipated. Since domestic travel accounts for 2/3 of SYD's business then you could see a breakthrough past $6.20 without much effort. You will probably hear something on May 8 when the PM rewards Australian's for their hard work...
    Last edited by CharlesTyrwhitt: 05/05/20
    SYD Price at posting: $5.71 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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