Chartists might find it intersting to compare the falling penant that ALL delineated during the period Sept '01 to Sept '02 before it finally breached the support at $5.05 with one dramatic collapse.
Then take note of the amazing similarity this pattern holds to the current trading of several bank stocks especially ANZ which I wouldn't be surprised to see trade sideways from here between $15.65 and $17 before making a further and possibly quite dramatic fall south sometime in the months ahead.
as a matter of interest.
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Last
$63.15 |
Change
0.720(1.15%) |
Mkt cap ! $39.74B | |||
| Open | High | Low | Value | Volume |
| $62.39 | $63.28 | $62.39 | $283.2M | 4.495M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 359 | $62.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.19 | 100 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
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