CBA 1.32% $134.90 commonwealth bank of australia.

possible wave c of 4..., page-14

  1. 1,356 Posts.
    anz cpecan1

    Looking at ANZ, I wouldn't want to be trading longs,

    looks like a dip down to 17.45, with a bearish move down to 16.80 if the 17.45 isn't able to hold and bounce.

    Standing back and looking at the chart I Couldn't feel bullish unless i saw the stock close above 18.56 and I still wouldn't look for longs for another few weeks after that close either.

    Its been a while since I've touched ANZ, so you would probably know more than me.
 
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