QAN 0.43% $7.00 qantas airways limited

Long set up, page-2

  1. 160 Posts.
    lightbulb Created with Sketch. 6
    Yes, I see the breakout. The share price is now hitting $2.80.

    I think people are lining up for a stellar half-year report released tomorrow.
    If the report beats expectation, the share price will be north of $3.00.

    Noticed also, some big holders are profit taking, e.g. NAB has dumped one percent of share registry to the market. But there were buyers to absorb these surplus.

    Once, sources of these surplus are removed, the share price will be north of $4.00.

    DYOR.
 
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