Flight Centre has been ranging between 20 to 22 It is a very range bound stock which can make for short term gains, pip & dip strategy. - Waiting for price to go under $ 20 then will check RSI oversold for Buy - Buy @ 18.50 , strong support which can open opportunities for short term Buy - Buy @ 18 , would be at heavy discount, at this time RSI should be...
A friend owns FLT . He was looking for some information as to whether he should hold (without disclosing his entry price), so here's my explanation. Note : It makes it a lot easier to 'tell someone whether they should hold or sell' if I know the entry price. Why? Because trading profitably is about consistently cutting your losses quickly, and holding on to (or...
FLT is one of most populer Stock to trading, now we look at the chart the trend is bullish, how to catch the bottom? now i look you can have a plan buy on weakness at 17.65 area bottoming, if reverse, that will going up to close the gap at 35.50. Are you have a same idea? , Comment in below, The Story still good for FLT because Australia will be reopen flight for...
Currently trading in a descending channel, a healthy retracement following FLT's pump for a few weeks. Could we see a break back to the upside after consolidating to the key level of support (yellow box)? Ultimately long on FLT from a TA and Fundamental perspective. Please let me know what you guys think, perhaps you have something else in mind? Any feedback is...
With multiple patents and permits being acquired recently by FLT there's clearly strong growth from a business standpoint. From a chart / technical standpoint, we seem to be bottoming out from the last drop. We've set a higher low, a positive sign for a bullish case, now the only question is whether a higher high will be printed. On a lower time frame, a break of...
FLT channel, rising price/volume LONG SL 13.8 TP 20.5 (mid august)
Recently, Flight Centre has reached a post-pandemic high of $20.16 but is coming down now. Flight Centre, however, has been bouncing between support at around $14 and resistance around $18.50 and because of this, I believe an entry point at around $14.00 to $14.50 is suitable. Personally, I will set my stop-loss at $13 as a safety net and sell in the $16.50 to...
ASX:FLT chart looks bullish at the moment with more inclination to the upside than the downside. This is mainly due to the formation of a Cup and Handle chart type that played out when the stock broke above 18$. Also the stock weekly PSAR flipped to the bulls camp. To me it is not a bad idea to open a small position and keep your SL right below 18$. I will keep...
My trading Bias for FLT is Bullish as it has clearly bounced off the lows (Support), with a decisive break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region. TP1 ~ $17.30 TP1 ~ $19.08 Stoploss - $13.00 Please note these are my own notes, by no means trading advice....
FLT seems to be retracing nicely to the trendline Support at around $12.80, as it has shown strength previously also, and made a Higher High. We can also see that it has made a Golden Cross, with RSI about to reach the the Oversold region. The High Profile Volume Zone lies at around $13.80 and 200 SMA in the Buy Zone between $12.80 - $13.80 (many Confluences). I...
Great cup and handle pattern completed. Now continuing on a significant uptrend. MAs beautfully positioned. Volume picking up nicely. I want to see this thing fly like DFLY! Cheers
I am bullish on FLT, chart looks positive as about to make golden cross. There is good support at $16.25 range, so don't think so that it's going to come down further. Take profit at $19.10 range. If it doesn't get support at $16.25 range then next support is at $13.50 zone. I am pretty hopeful that FLT will continue moving upwards.
broke out, now backtesting the break out. looking for 1.4-1.6 range next $FLT.CA
As predicted from my last post, FLT took a big dive all the way down to $11.26 last week. If you bought FLT at $11.26 last week you would be up 27%. It has passed previous resistance however last time it reached the resistance line, it bounced up and plummeted down to $11.26. Due to increasing COVID cases in America and Biden's plan to tackle COVID-19 it may begin...
Lines cross and blue line hit red line and go down
Not a Trading signal... Company drastically restructuring in response to Covid 19 crisis. Household name. Great reputation. Years of experience.