QAN 1.01% $6.00 qantas airways limited

re: going to tank hard, page-3

  1. 960 Posts.
    lightbulb Created with Sketch. 5
    re: maybe not going to tank hard Hey Guys,

    That fromthefuture dude should do a doc in Back To The Future 2 & go back to the future...leave us alone.

    I am willing to give everyone a go, but all I see from him/her is just plain dribble with nothing factual (or even entertaining) to back him/herself.

    A couple of days ago I did jump into some call options in QAN & they are yielding a nice little profit at the moment...although with the sellers being in such control over the last few month, my mouse is never too far from the sell button.

    Here's a chart of QAN...the reason I decided to give it a go is it has been trading in a downward channel for a while, & 2 days ago it broke out... today was a tough day, & I would have sold if the stock closed down under the red (30 day EMA) Moving Average line, however it has supported the SP today (& with nice volume), so looking for some more upside soon.

    However, as we know, there are no guarantees so good luck to all holders.



    What would be good if it also breaks out over the 52 day MA (green line) on nice volume...weekly shows possible upside too.

    Of course, seek your own advise before doing anything as rash as I do ;-)

    GOOD LUCK
 
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$6.00
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$6.02 $6.04 $5.95 $19.42M 3.240M

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Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
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