QAN 2.38% $6.87 qantas airways limited

QAN is ranging between the $3.40 and $3.80 levels, stalemate at...

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    QAN is ranging between the $3.40 and $3.80 levels, stalemate at the moment.

    Possibly a head and shoulders forming, the next few days should tell the story.

    My expectation is that it will break down through the $3.40 level later this week or sometime next week and move lower, probably between $3.00 and $3.40 until the future of the airline industry in Australia becomes a little clearer.
 
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$6.87
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