QAN 0.16% $6.21 qantas airways limited

QAN ...Chart, page-46

  1. 2,596 Posts.
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    @samjp2 .... I thought I did say it in "plain English" ...

    "Alas, I'd be surprised if this S/T bounce lasts too much longer and we eventually have another go at reaching at least the rising MT of the yellow or maybe that blue TL(yellow and blue arrows ...) before meaningful support comes in."

    BUT, just for you, even clearer ... ~ $3.00 ... Those yellow and blue arrows, .38.2% retrace + June '15L.

    P.S. By the way ... I agree re: your beloved STO ... probably had enough upside near present levels(did think we might get to $4.71) then fall away.
    Last edited by Tanotfa: 22/04/16
 
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