Thank you sir/madam
Printable View
hahahaha nice one Birmanboy and thanks for a great website - have been using it for a couple years.
Baa Baa
I only use fundamentals for most my portfolio, but charts gives me insight at what chartists think they are making of it and what they're going to do.. most of it in my opinion is a self fulfilling since the proliferation of the info about it online.. and i agree with your view on the depth.. which is also why i view it, to get insight of what some are trying to do and how they might be trying to manipulate the market.. having said that though, i only do that when i am trying to be in and out the same day (my betting/gambling portion).. most my portfolio is split between long term and dividend yield.
US based but an interesting article
http://www.nzherald.co.nz/travel/new...ectid=11643475
My pretty looking Point & Figure Chart is looking very sad at the moment - hopefully won't need to change the axis limits soon (downwards)
The latest column is one long red one of O's - and it has well and truly stuffed up what was a nice looking chart
There's a neat ipad app that keeps them up to date - only a few bucks
I do the odd one by hand - more from an artistic point of view than anything else
Great charts - eliminates a lot of the noise around the share price. The AIR one for the last 12 months has only 10 columns and has been pretty reliable to monitor the few trades I have made
After Forbar's "interesting" recent revision consensus broker price target is now $2.70.
http://www.4-traders.com/AIR-NEW-ZEA...07/financials/
Interestingly consensus forecast net asset backing on 30 June 2017 is $2.29 per share and consensus fully imputed dividends between now and then are 21.8 cps (21.8 / 0.72) = 30.3 cps gross = 14% gross plus possible special from sale of VAH. I think its unlikely once the uncertainty of VAH is resolved one way or the other that the shares will be trading under NTA in a year's time and in the meantime we're being paid handsomely to be patient while we wait for smoother flight conditions. Almost everyone hates extreme turbulence but I for one will stay buckled up and on board.
(DYOR, Not to be considered a recommendation or professional advice)
Good start to the day share price wise
Back to the 220's today/tomorrow
I am always intrigued how line tracking the consensus target prices over time sort of follow the direction of the share price share (bearing in mind target prices are always more than actual)
Appears as if analysts are more reactive to what the share price does - rather than influencing the direction. That's how I see it anyway.
Just confrms its how insto's feel that matter - not analysts
Prob means they have no udea whats happening - including that unnamed analyst who said Air management wouldn't be any better than any other airline in forecasting the future.
Chart. http://www.4-traders.com/AIR-NEW-ZEA...407/consensus/