What Does Corporate Travel Management Ltd’s Share Price Tell You about the Wider Economy?

Corporate Travel Management

What’s Happening to Corporate Travel Management Ltd’s Share Price?

Corporate Travel Management, one of Australia’s largest travel management companies with footprints in New Zealand, North America, Asia and Europe, has gone on a tear during the week.

What is it Telling You About the Wider Economy?

Firstly, it is very helpful whenever one can to bring up a chart. Here’s the daily chart of CTD:

Corporate Travel Management Share Price

Source: STEX

The chart is telling you the economy is on the move, literally! Business is active, it’s moving around, things are happening. You can see this, yes?

What Can we Expect Now for CTD Ltd?

One doesn’t have a crystal ball; however, at some point, one could expect news suggesting increasing volumes, growing revenues, etcetera.

Get into the habit of bringing up a chart, truly you will see the world from a slightly different angle. If by chance, you are unable to read a chart, then you must go here to find out more. Not next week, not tomorrow, today! Because you continue to be at a substantial investment disadvantage.

Terence Duffy,
Research Analyst, Cycles, Trends and Forecasts

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