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[QANTAS] BEARISH SETUPHello 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 Company is engaged in the operation of international and domestic air transportation services, the provision of freight services and the operation of a frequent flyer loyalty program. Its segments include Qantas Domestic, Qantas International, Jetstar Group, Qantas Freight, Qantas Loyalty and Corporate. The Qantas Domestic, Qantas International and Jetstar Group segments include passenger flying businesses. The Qantas Freight segment is engaged in the air cargo and express freight business. The Qantas Loyalty segment is engaged in the customer loyalty recognition programs. Its main business is the transportation of customers using two airline brands, which include Qantas and Jetstar. It also operates subsidiary businesses, including other airlines and businesses in specialist markets, such as Q Catering. Its airline brands operate regional, domestic and international services. Sector: Industrials Industry: Airlines Employees: 29.359 If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button! Thank you for support and trade with care!
ASX:QANShort
by TheAnonymousBanker
AmerisourceBergen Corporation short tradeLet's take a look at AmerisourceBergen Corporation. we see that we are currently meeting a lot of challenges. we have the two green line which serve as trend limit and backtest. The Red Line was also used in support as a support which now acts as resistance. further we have the 200 EMA which additionally serves as a dump. In my opinion, this is not very strong in this case as the backtest returns from a sideways market. In a sideways market, the 200 EMA unfortunately has no meaning but now serves as additional confirmation. All these deficiencies are confirmed by the 61er fibonacci line which the chart unsuccessfully attacked. Looking at the RSI, one sees that the brand was perceived by the market participants to be oversold by 67. I position myself short and assume that we at least return to the 38 fibonacci. The 23er fibo is my goal. Save your position enjoy the way logindaten
AShort
by logindaten
Lots of money to be made right now if this is a big ABC correctiIf we are doing a big ABC correction, this analysis shows how it can go down. Gant fans used to help time with major events coming up that can shift sentiment. 2 Gant fans - 1 off ATH's to Dec pivot. another from Dec pivot to 2700 target. Fib targets shown to the left from the 2 big pulls and Fib level (50/100) shown to show our recent reaction off these levels. There is so much confluence to justify a pullback at 2700 which is the 618 from ATHs. If we were to continue thru straight to 2800 without a B wave, we would have to stay in a very tight channel, leaving no room for an impulse. I don't see this as likely. Lots of people calling for a drop. Lots of people thinking we keep on rolling. I think this analysis is a happy medium, and can surprise a lot of people... which is what we're used to. Lots of money to be made here if we do get a sharp reaction off the 50/100 fib levels.
CME_MINI:ES1!
by warrenbudget