Australia's Flight Centre - YAY or NAY ?

2 Eki 2021

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 ?

2 Eki 2021

Not

2 Eki 2021

Not

Should have been 86%

4 Eki 2021

Not

Nice 10% bullish move.

4 Eki 2021

Not

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.