Glo1235122

Air nz back in business

Long
NZX:AIR   AIR NEW ZEALAND NPV
Breaking its overall trend resistance since covid last year air nz has been bought out its long positions between 1,30-1,55 zone and is currently entering a bullish channel for 2022.
ITs overall support has now increased and with covid pandemic almost being finished with vacc rates close to 90% we will see the tourisim business looking to get back in 2022,
Price prediction,2.20 by feb and 3-5 dollars within the following years with an increase in EV's with its 2030 first electrical plane forecast,
along with this information possible news of deals with Singapore and Malaysia airlines could booster up the price to 5+ within the following years, very solid long term buy imo