The New Zealand NZ50G (gross) benchmark index versus some indicative major components: Spark telecoms SPK, Auckland International Airport AIA, and then the electricity generation utilities Meridian MEL, Contact CEN and Mercury MCY along with the NZX Utilities Index G55G - and last, but definitely not the least, is presently the largest New Zealand company Fisher &...
Meridian Energy (MEL, MEZ) vs. peers of CEN Contact, GEN Genesis, MCY Mercury, VCT Vector, TPW Trustpower, IFT Infratil; with market indicators of the NZ50, Australian XAO, NZD/AUD.
Hey, as you can tell from my title I'm new to the fam but I'm feeling gold and I'm feeling good. My confluences for this trade were firstly, I noticed that price was rising on a bullish trend. As you should know if you're a gold trader that gold trades in levels. Right now gold is testing around the mid major level. Secondly, I drew my market structure just under...