$SYD:ASX - SYDNEY AIRPORT - Through resistance

Sydney Airport could be a good defensive stock with some of the market volatility around at the moment. It has broken through a resistance area and has some reasonable volume behind it. With 30% gained this year to date it might be worth a watch.

Earnings are due August 15th so buyer beware around this date.

Sydney Airport (SYD) owns and operates an airport in Sydney, Australia. SYD Provides Aeronautical, retail, property, car rental and parking and ground transport services through their two main business units which are Aviation (Sydney Airport) and Leasing & Advertising Opportunities.Sydney Airport (SYD) owns and operates an airport in Sydney, Australia. SYD Provides Aeronautical, retail, property, car rental and parking and ground transport services through their two main business units which are Aviation (Sydney Airport) and Leasing & Advertising Opportunities.

Demand: 242 buyers for 462,743 units vs 38 sellers for 73,751 units