QAN looking for a squeeze of the sellers and kick up through highs

New Buy Entry Alert

 

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