Current Active Alert Management
QAN – Qantas Airways Limited
QAN continues to put pressure on the sellers and squeeze them out of the market on its way higher. We expect to see this trend continue and for Qantas to grind higher and are happy to take a partial exit at 6.52. From there we will watch and assess the action as it plays out.
Stock Code : QAN – Qantas Airways Limited
Company Website : www.qantasnewsroom.com.au
Current Price : 6.23
Previous Buy Entry (Trigger Level) : 5.98
Sell Exit Zone (Stop Loss) : 5.65
Potential 50% Partial Exit level (Target) : 6.52
Status : On watch for continuation to partial exit
ORIGINAL ALERT 4/10/17
QAN – Qantas Airways Limited
QAN is on the move and we are now watching for a short squeeze. The selling pressure has been lacking and buyers are still in control so we are happy to buy at current market prices and hold risk at 5.65.
Stock Code : QAN – Qantas Airways Limited
Company Website : www.qantasnewsroom.com.au
Current Price : 5.97
New Buy Entry (Trigger Level) : 5.98
Potential Sell Exit Zone (Stop Loss) : 5.65
Status : On watch for buy entry trigger