OBR

Air New Zealand looks like it reversed

NZX:AIR   AIR NEW ZEALAND NPV
Initially thought there was a bullish fractal in play, but I kept looking and it seems like wishful thinking. Considering global recession is looming, the bullish scenario playing out seems highly unlikely.

We are at resistance now, so it's a good time to sell. Maybe we will revisit the 3.6 and that's a slam dunk sell.

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