QAN is an obvious candidate in today’s lockdown environment and while it’s not often that your hear me or MM advocate airlines the risk / reward for QAN looks great under $5 – for the chartists out there the price action looks almost identical to SYD since 2019, will lightening strike twice? NB: Like SYD, any bid would need to be primarily Australian based.
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Performance update for March, stocks that drove returns & our current positioning
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Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
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Market Matters Research Lead Shawn Hickman with David Koch
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Friday 19th April – DOW up 22pts, SPI down -55pts
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MM likes QAN and stops can be used under $4.40
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