Auckland International Airport Ltd (AIA.NZX)

29 November 2017



Technical Summary: The stock of AIA has traded in a sideways range for the last year and a half. This is more like how you would expect an airport to behave after the stock previously was performing like a high growth tech company – locked in an uptrend. More recently mean reversion traders could be getting excited with the stock bouncing off a 52 week low. For the time being we expect the stock to be more suitable for mean reversion traders than trend followers.

AIA is behaving more like an Airport these days

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