QAN 0.71% $7.05 qantas airways limited

Will QAN survive?, page-6475

  1. 3,823 Posts.
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    There's a reason why it's running this hot. I believe instos who got off in last month's meltdown are piling back on. But, as bipolar as QAN is, it's bound to sell off again. I was surprised at the sell-off on results day. It got as high as 7.40 prior to the pandemic.
    Once institutional buying stops, it should calm back down to the low $6 range again. There has to be a pull back. This spring has had a lot of upwards energy put into it.
 
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