QAN continues its push higher to squeeze out the sellers

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