At these levels I think QANTAS is a buy (currently 3.25/26).
Fundamentally I think that it would seem that SARS is starting to come under control and airline stocks in general seem to have bottomed out and are now recovering.
Technically (I'm no expert!!) I would say that 3.25 holds some support with 3.20 now a major support level.
I'd love to hear some TA guys views...
IMHO this is worth a punt both as a short and medium term trade.
*****qan - is it a buy??******
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Last
$7.28 |
Change
0.010(0.14%) |
Mkt cap ! $10.85B | |||
| Open | High | Low | Value | Volume |
| $7.27 | $7.33 | $7.26 | $44.55M | 6.115M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 50367 | $7.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 62493 | 6 |
View Market Depth
| Last trade - 16.10pm 13/12/2019 (20 minute delay) ? |
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Last
$7.29 |
Change
0.010 ( 0.36 %) |
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| Open | High | Low | Volume | ||
| $7.28 | $7.33 | $7.27 | 1127996 | ||
| Last updated 15.59pm 13/12/2019 (live) ? | |||||
| QAN (ASX) Chart |