QAN 0.14% $6.99 qantas airways limited

Nice to see all the believers on UP, UP, UP,.. I started this...

  1. 577 Posts.
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    Nice to see all the believers on UP, UP, UP,.. I started this post some weeks back and yes it is looking great as expected.. I believe there will be some gap filling as QAN has risen too quickly and was pleasantly surprised that we closed on or near yesterdays close.. Jumping out of the blocks again on open this morning is a positive sign so as to not break the trend. This tells me we will in the future see also that gap being filled back into positive blue sky territory. I would like now to see some good consolidation at these levels which we saw in this afternoons trades for QAN to take the next step up. Closing above the 2.25 level as predicted two days on end will only see the SP move up to the next heavy line of resistance of 3.00 as mentioned previously in my posts.
    Jetstar HK getting thru regulation and the long overdue Divi announcement are both no brainers so thats why this one is much better than money in the bank or having a loan against it being negative geared.
    Great news for all us believers.
    Cheers
 
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