QAN 0.68% $5.88 qantas airways limited

Charting The Flightpath, page-8

  1. 884 Posts.
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    1. $3.40 to $3.45 may need some good push to crack. I do consider it as a critical resistance region.

    2. Next strong resistance level will be @ $3.70.

    3. We make good progress today despite the rising oil price. Today volume and price action/candle does indicate a very bullish momentum towards $3.45.

    4. Now the minor support would be @3.25 region. $3.15 being the main support line.

    5. Technically, the green trendline still remain valid and we should break @3.45 level before 27th Aug 16..

    Cheers to all that make some money including me.
 
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