QAN trade ideas

vitorleo Updated 

ASX:QAN Yeah... it looks like it wants to get off the ground. DMI is accelerating and Didi index confirming the buy. The Bollinger band just opened the gate. 1st scale @4.66 and second @6.42 if the engine power is not enough, I'll set my parachute to open at @3.55 Get on board and fasten your seat belt, but don't follow me. I am lost too.

khoshsaeed70

QAN has entered the strong supply zone and there is a possibility of falling from anywhere. However, due to the strength of the stock, it will probably move to 4.42, and in that zone, depending on the strength of the market, it will be decided whether to up or down.

Tuhi_Capital

- Qantas is in talks with the government to secure an exemption for 1.5m social distancing rules on its its flights. - If given the green light and the ability to kick off at full capacity for domestic flights / (possibly incl. New Zealand) we expect the stock to move higher - possible to the 50% retracement. - Technically we are in a downward Channel and...

xtf_ze_trader

Many people are scratching their head wondering why the bought ASX:QAN and it is stuck and not following other stocks recovering. But the TA has all the answers here. Look at the green line that is the 50MA, the stock could not go beyond this key indicator and on the contrary it tested it and failed to break it. The price action structure doesnt look bad as the...

jimmytrader123

I hate to usually say its gonna go up or down however whether it breaks above or below the 4.20 mark on qantas will determine the overall direction imo. However I'd prefer it to go up

kaaiii Updated 

Qantas is moving up towards a strong resistance area with prior support and resistance lining up with the 50% retrace of the move up from 2012-2020 and the 38.2% retrace of the move down from Jan - March. The 55 SMA is also not far above and moving south. The RSI seems to be making an ascending wedge that is coming to an apex. If the ascending wedge or...

tbone1one1

QANTAS

alpham99

If gap over resistance and Bearish 10:30 Short

RogueCleaner

I think the run of QAN is over. expected higher oil prices will hurt QAN share price. Well, the perception of this anyway. :)

johninvest17 Updated 

Topped on a green 9. We are on red 1 right now and if we get a red 2 below the red 1 on Monday. It is a good shorting opportunity. The RSI, MACD, and CMF are showing the bulls are running out of energy. I am bullish on Qantas long term and therefore I am expecting the bulls to take back control on the trendline or near the moving averages.

davidred

Hey guys welcome to my back. This week we are looking at QAN. If your liking the charts so far show some support and give me a follow. Likes and comments are also appreciated. Currently I have QAN as a wait and watch. The reasoning, I believe we have just entered our fifth wave. that being said and to put if frank there is no clear sign of when we can expect a...

MustafaOzak23

QAN is at its 52 week high, if it goes pass $7 thats when i'm movitated to short it.

paper_value Updated 

Qantas ASX:QAN is running out of room in what seems like a descending triangle. If there's no break to the upside, expect more downward pressure to $4.22 in the coming months - long term outlook. Due to the uncertainty of the market - trade wars and oil prices - a breakout in the coming weeks should also be taken with a pinch of salt as it might be a bull trap...

MustafaOzak23

the reason I’m looking at this stock because it’s going ex-dividend today, also just due to the oil price dipping lower this might see a bullish move. Will watch.

MustafaOzak23

The reason I’m looking at this stock because it’s going ex-dividend today, also just due to the oil price dipping lower this might see a bullish move. Will watch.

TheAnonymousBanker

Hello Traders! From a technical point of view, possible completion of impulsive structure (12345), so we expect some corrective structure ABC. We will try to take short position as shown on chart, limited risk and good R/R Ratio (> 1:3) COMPANY PROFILE Qantas Airways Limited is an Australia-based company, which operates domestic and international airline. The...

paper_value

I am confident of Qantas. The bullish trend is confirmed. Price is above the cloud. Conservatively, i have a price target of $6.74. A break below $5.80 invalidates this view.

tradingwithanthony

Double click the price column to see the chart. Here's my trade setup for today, $QAN : ASX long off bullish momentum and.382-.618 fib zone. This has been profitable of late with some nice s/r swings and stock holding up well during the recent downturn. Not financial advice. As always, trades can go against us no matter how good a chart looks, risk management is king.