The Australian Federal Governement is considering bail out money to assist qantas as the national airline and ensure its continued successes when intercontinental travel resumes.

I am holding positions in qantas with the theory that they will recive a government based cash injection.

There is a support/ resistance level (red) trendline that I have highlighted on the chart, I am looking for price to move up, retrace and bounce higher.

The more vaccines spreadout the closer we are to international travel.

Qantas - Long

Mar 01 2021

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