XLD 0.09% 1,592.0 s&p/asx 200 2 x daily leverage index

Came across this today. Possible nice R/R set up on QAN,...

  1. 626 Posts.
    Came across this today. Possible nice R/R set up on QAN, watching to see how it reacts.

    The $3 zone has a long history of support/resistance. We have recently seen support there june 2015, price is approaching the bottom of the komu (senkou span B), and the 38.2% retracement fib.
    QANTAS AIRWAYS LIMITEDW.png

    Price breakdown below the $3.20 line looks a bit over-extended/weak and a bit of divergence on the RSI.
    QANTAS AIRWAYS LIMITEDD.png
 
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