Flight Centre (FLT)

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Flight Centre (FLT): Signals

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TECHNICAL ANALYSIS SUMMARY

Flight Centre: The current Fibonacci Extension levels are:
(23.61%) $56.32
(38.2%) $58.17
(50%) $59.67
(61.8%) $61.16

The current support levels are:
(78.6%) $63.29
(100%) $66
(138.2%) $70.84
(161.8%) $73.83
(261.8%) $86.5
(423.61%) $107



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


PROFILE: Flight Centre (FLT.AX)


Stock Exchange: ASX
Company: Flight Centre
Ticker Codes: | FLT.AX | ASX:FLT |

About Flight Centre (ASX:FLT):

Flight Centre Travel Group Limited provides travel retailing services primarily under the Flight Centre brand in leisure, corporate, and wholesale travel sectors worldwide. The company's other travel brands include Escape Travel, Student Flights, Travel Associates, Cruiseabout, Liberty Travel, Infinity Holidays, GOGO Vacations, FCm Travel Solutions, Corporate Traveller, Stage and Screen, cievents, and Campus Travel. It offers leisure travel services to cater the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services to service the needs of organizations of various sizes across industries. The company also supplies product to its national and international network or travel retail outlets. In addition, it offers other travel related services, such as foreign currency exchange and travel academies; recruitment marketing and bike retailing; and employee benefit businesses. The company was formerly known as Flight Centre Limited and changed its name to Flight Centre Travel Group Limited in November 2013. Flight Centre Travel Group Limited was incorporated in 1987 and is based in South Brisbane, Australia.

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Fibonacci Extensions

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