stock trading on the 49 level -25 since this morning, could see some sellers as 200d MA appear to be a strong resistance...and market trading lower
From: LAURENT CHEKROUN () At: Oct 1 2014 09:25:22
Subject: Fwd:>>> Airbus - Stock trading higher today, testing its 200d MA...
It will be an interesting day on the name, I will be more cautious arround here as so far we saw few PW in cyclical, Basic mat, trading down...not sure investors have very high expectations for Growth on next few months ...after Being aggressively buyer on the name lower (43/44) I will take profit here...I see limited upside 3/4% and more downisde if heavy downturn on market
