Qantas which is obviously in a down trend, could reach $0.83.
From the 1.90 high to the $1.18 low, Qantas could only retrace 50% of the fall to $1.55 which is a sign of weakness. This month we are crashing through the $1.18 low. Using a 100% fibonacci expansion of the range from $1.90 to 1.18 (equals 0.72) projected downwards from the $1.55 high we get a target of $0.83.
target $0.83
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 (20min delay)
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Last
$5.94 |
Change
0.040(0.68%) |
Mkt cap ! $9.678B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $5.95 | $5.89 | $13.41M | 2.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 194441 | $5.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 37856 | 6 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |