FLT:ASX - FLIGHT CENTRE - Back at resistance

With all the news of Corona "cures" (aka vaccines) and the holiday season coming up as well as people probably just sick of being stuck at home all year, it looks like some of the Airline and complimentary travel stocks are finally starting to make a comeback. A long way down from old levels there is plenty of upside if people start holidaying and travelling again - domestic or international. Sector could be worth a watch and Flight Centre seems to have a lot of room to move.

Kommentera:

Price has pulled back into the gap as expected. RSI is back in the low 40's. I don't like the sector and not a trade I would chase, but if it consolidates and holds could move back up for some short term gains.