I got short term entry targets for QANTAS ($QAN) @ $2.60 + $2.40 with a $3.50 target in mind. Tight stops @ $2.20
I drone on about 18 minutes on the financial situation of the company factoring in 90%intl and 60% domestic cuts. It seems like in the short term $2.40 is both a technically and fundamentally safe place to bounce from, as ~$1.40 would price QANTAS at cash backing.
