QAN 0.59% $5.86 qantas airways limited

A short again

  1. 6,975 Posts.
    G'day folks,

    As you may recall I went short QAN at the end of last week and then sold on Tues for a nice profit.

    I thought the reaction to 4.73 (50% retracement of the decline might have been as high as it might go since the volume has been piddling but it has now gone to 4.74. A 62% retracement of the drop is 4.77. Any thoughts.

    I have just shorted.

 
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$5.86
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47 43386 $5.85
 

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$5.86 32180 35
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