AsimMirzaTrader

AIZ - Pushing Higher

Long
ASX:AIZ   AIR NEW ZEALAND LIMITED
AIZ has provided a great buying opportunity after the recent pullback. Price got supported and bounced off the 200 SMA and the POC of Volume Profile, and has broken the Bearish Trendline with High Volume. The MACD is also Bullish which indicates that the upswing in AIZ shall continue. I will be targeting the recent highs as take profit.

TP2 - $1.740
TP2 - $1.855
Stoploss - $1.380

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.