QAN gaps down on the open to trigger the Stop Loss level and lock in gains

QAN triggered below the Stop Loss level at 5.95 as price gaps down on the open.

Alert is now closed

PREVIOUS ALERT 18/10/17

QAN – Qantas Airways Limited

Qantas continues to squeeze out sellers on a move higher so we have managed to take a partial exit and are now happy to raise the stop loss level to further lock in gains. The stock is starting to look a little stretched so we are happy to tighten up and see how much more we can squeeze out of price.

 

Stock Code : QAN – Qantas Airways Limited

Company Website : www.qantasnewsroom.com.au

Current Price : 6.475

Previous Buy Entry (Trigger Level) : 5.98

Remaining Sell Exit Zone (Stop Loss) : 6.20

Previous 50% Partial Exit level (Target) : 6.52

Status : On watch for continuation higher

 

 

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