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FLIGHT CENTRE TRAVEL GROUP LIMITED
Long
Updated

Australia's Flight Centre - YAY or NAY ?

585
Was just having a bit of a look through some Australian stocks on the ASX and notified that both Flight Centre and Webjet ( WEB ) were looking bullish on the charts.

Makes sense when you think that a lot of the travel restrictions we are under could soon be lifted.

Pricing looks a bit expensive at the moment. Until you zoom out ;)

Might be a bargain. What do you think - Yay or Nay ?

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Should have been 86%
Note
Nice 10% bullish move.

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How To: Risk Management - A Trailing Stop Loss of 8% would have kept you in most of this trade for this period. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.

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zAngus
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus
Also on:
Chart PatternsTechnical IndicatorsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical IndicatorsTrend Analysis
zAngus
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.