Following FLT's price collapse from Covid travel concerns, price has recovered slowly in a seesawing sideways action - something commonly seen in shares following large falls. It has been knocking in the door of verhead ressitance at $18.40 and if it can confidently break above that level a potential target of $26.50 is possible. With the growing perception that domestic travel is again open and international travel might be on the horizon with a 'vaccine passport' I expect FLT to improve.

FLT 26Feb21

Contact

Robert Norman

Phone: 0428 346 951
Email: robert@sharecharting.com.au

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