Its all good, the holders aid the traders:-)
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The share price has gone down below the 499 EMA.
Next support level $2.20.?
Seems as though AIR and SKT monies are flowing onto more safer stocks like the Gentailers going by trading pattern today...
From a long term cyclical perspective the next support is somewhere between 100 and 150 (depending on how much AIR is cycling upwards) - see yesterdays chart
Must have a lot more said at that investor day than what was written in the presentation - even playing field?
52 week low was 2.35.. hope fully it can hold it around that, now it's 2.34
Since Jan 3 2015 the AIR share price has averaged $2.74 with a Standard deviation of 17 cents
There have been only 4 days when AIR has closed +/- 2 Stdev. They were the extreme highs over 308 in Jan this year and the odd days it has fallen below 240
Today is another one of those days
Some might say today is just an outlier (on the last 16 months performance) in the life of a boring stock that brokers love see being churned ...so no worries
...and on Monday the papers will be reporting 'AIR price up sharply as bargain hunters returned" to the market
might be large holders are offloading... quite a few 200k plus shares were traded around 2.35 level....