Jerm88

QAN @ 9 NOV 2021

ASX:QAN   QANTAS AIRWAYS LIMITED
Text me if you have any questions/comments for me.

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QAN
- Previous analysis was done on 26 Oct (red arrow) - Suggested waiting for a successful rebound at 5.80 levels before plotting entry
- Since then, the stock has successfully recovered and looks to be trading at a resistance
- Another retracement from here would create a strong Triple Top resistance
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if believe that breakout will be successful
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