FLT 1.71% $21.24 flight centre travel group limited

Up cycle now, page-287

  1. 2,751 Posts.
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    FLT looks so bloody exciting. On the weekly chart below - Few points
    1) Fib Extensions point to 24-26 levels -
    2) prior move was from $14-$20 - Difference $6 -
    3) Add that to $20 you get $26 as target
    4) If you do a Fib retracement from last high pre COVID you will see 50% retracement around the $25ish mark.
    5) Golden Cross on the weekly - The 50 Day SMA crossed the 200 Day SMA

    All we need is the shorts to cover, this is set up well.

    https://hotcopper.com.au/data/attachments/3645/3645987-11ee73aea666bdc787a81dc4cac6822d.jpg


    Novice Traders -- think Again!!!

    The news is Awesome
    1) International border re-opening plans
    2) Merk Develops COVID Pill - complete game changer
    3) At some point shorts will cover. They no longer can ignore this news.
    4) US & Europe up on good volume. Check the indexes below


    https://hotcopper.com.au/data/attachments/3645/3645933-50beba37c9a5f284fcc06cdee2a6d550.jpg

    All hype? We will find out soon!!! The trend is your friend bud!!!


 
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