Qantas has finally broke down from the almost 2 months trendline.
My take on this trend are as follows:
1. As said by chino420, the selling volume was decreasing by the day - a good sign for those that long.
2. If $3.15 - $3.20 support don't hold in the coming days, we are in for a bigger retracement. Hopefully, Qantas buyback programme which start on the 8th Sept will help..
3. Again, $3.40 - $3.50 remain a crtical resistance to crack in the days ahead.
4. Next few day will definately provide a clearer picture on this trend ie, starting/continue of a downtrend or just a temporary retracement for bigger uptrend.
Cheers
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Qantas has finally broke down from the almost 2 months...
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Last
$5.93 |
Change
0.000(0.00%) |
Mkt cap ! $9.662B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 558 | $6.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.50 | 150 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 558 | 6.520 |
1 | 686 | 6.250 |
1 | 1401 | 6.240 |
1 | 1168 | 6.220 |
3 | 7319 | 6.130 |
Price($) | Vol. | No. |
---|---|---|
5.500 | 150 | 1 |
5.640 | 10926 | 5 |
5.750 | 123 | 1 |
5.770 | 7393 | 2 |
5.790 | 140 | 1 |
Last trade - 10.02am 12/08/2024 (20 minute delay) ? |
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QAN (ASX) Chart |
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