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This stock has potential as soon as the operation goes back to pre-Covid 19 days and travellers are back to travelling once more. Like retail therapy, people are cooped up at home and choose to travel domestically during the Holidays now.
Christmas is round the corner and families will be planning to go on long holidays once more , thus the pent up demand will be huge as soon as the flood gate open.
Some say the air ticket price may be more expensive than before but I think that will not be a deterrent. Spending is seldom a rationale affair and people will travel first and justify the reasons later.
Same as trading and investment, we know we are not supposed to get emotional over the shares we owned. However, if you are riding on double, triple digits profits and that particular stock is your lucky star, you are naturally going to be affected emotionally to a certain extent.
That is why when it comes to profit taking, it is just as difficult a decision for some to sell as when they are buying.
This stock has potential as soon as the operation goes back to pre-Covid 19 days and travellers are back to travelling once more. Like retail therapy, people are cooped up at home and choose to travel domestically during the Holidays now.
Christmas is round the corner and families will be planning to go on long holidays once more , thus the pent up demand will be huge as soon as the flood gate open.
Some say the air ticket price may be more expensive than before but I think that will not be a deterrent. Spending is seldom a rationale affair and people will travel first and justify the reasons later.
Same as trading and investment, we know we are not supposed to get emotional over the shares we owned. However, if you are riding on double, triple digits profits and that particular stock is your lucky star, you are naturally going to be affected emotionally to a certain extent.
That is why when it comes to profit taking, it is just as difficult a decision for some to sell as when they are buying.
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you can see the pattern here. once it touches the bottom, a nice hammer candle pattern is formed, creating the rebound here.
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fly indeed ! it is up 15% now !!!
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The last 2 candles tells you the sellers are here, probably those who got in in March and awaiting to offload their shares. For the bullish trend to continue, it must find breaks out of current price level , around 6.23 and closed above it else we can see a correction with the more cautious view that it might close the gap at 5.20.
I am still bullish on this counter and will await suitable timing to buy more.
I am still bullish on this counter and will await suitable timing to buy more.
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Praise the Lord
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up 3+% today !!!
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gap filled, time to add more