1) Good Q result with SD 2) Bad Q result with SD 3) Good Q result without SD 4) Bad Q result without SD
Under Scenario 1 price shall shoot up and everybody is happy
Under Scenario 2 I think price will still shoot up with SD n expected coming good Q results after the recent sharp plunge in crude oil prices
Under Scenario 3 ?????
Under Scenario 4 Price will plunge and many will cry father cry mother going Holland cursing Tony's grandmother while Ah Jon will quietly buy more using his newly granted margin facility
when us pipeline problem in permian oil field resolve in 2019..30% boost to current production...the higher oil price will never be seen in future..in 2020 production will further increased...they call it oil tsunami in permian texas...60 -70 is norm price in future...no more oil in 80-100.aa n aax will hav more good future n in 2020 their digitisation n onlyshop n logistic will matured n contribute significant revenue...
on friday i already c the oil sure will drop below 60 n i saw those ppl selling lie mad...thats a divergent sign...how can u sell aa when oil is falling to the benefits of airline...lol
this is a shift of general direction for oil to lower normal price ... it s long term shift...the oil price iwll rebound aftersell off..but it will be normalised at 60-70 which is good enuff for AA in long term...
even aax is showing rebound even after bad qtr..that show ppl are buyin into the good future of aax...that show todays buying of aa is a show of change in sentiment..n confidence
What is 'Three White Soldiers'? Three white soldiers is a bullish candlestick pattern that predicts the reversal of a downtrend. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's high. These candlesticks should not have very long shadows and ideally open within the real body of the preceding candle in the pattern.
my sense is brent oil will drop to 55 or 56 b4 rebound ..so may b tonite will reach..jus guessing..lol..theres no real sign for rebound seens yet for oil..so..mayb will drop again tonite like friday...when every one doesnt expect it will break 60...
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Chaostrader
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Posted by Chaostrader > 2018-11-25 20:48 | Report Abuse
AA still ok...pple still need to fly...n cheaply...unlike Astro...sunset business... tv boxes...mamak shops n Netflix killing it.