Auckland International Airport Ltd (AIA.NZX)

2 February 2018



Technical Summary: It has only been recently that the stock of AIA has started behaving like an airport. Prior to that the stock was on a long term and low volatility uptrend. The stock appeared to peak in 2017 and has since been consolidating. There appears to be significant resistance at around $6 per share as the stock has bounced off this area on a couple of ocassions. The last of these has been recently and the stock now appears to be consolidating in a low formed base. From here the stock seems delicately poised in the direction that it will take from this consolidation. Time will tell but for now from a technical perspective there is nothing to do.

From a technical perspective there nothing to do here but wait.

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