WBC 1.67% $31.57 westpac banking corporation

technically speaking, page-18

  1. 24 Posts.
    Hi Crimpy and others,

    Sorry for being absent for a while. I covered for a small loss a few days ago. WBC does seem to have power in the bulls after all. Bugger.

    Nevermind, I hope this goes up further as it will just be a better short later. Even though it is starting to look toppy again now, I believe the risk is a little too high atm. The bulls may keep pushing for a while yet. It is actually the strength shown on the weekly chart that is concerning (something I didn't take any notice of before going short).
    My sentiment - HOLD, means Wait a while and see.

    Haven't done a lot or research into BEN yet but looking at the charts this one now looks like a bet to me (short). I am thinking (hoping) something like SP = $8.40 in a months time. I am always looking to short the banks when I can, it is a bit of a hedge against other trades and also a safety net (and profit) for when (if) the world goes tits up like the real situation around the world should suggest. A lot of ifs and buts and all IMHO.





 
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Last
$31.57
Change
0.520(1.67%)
Mkt cap ! $107.7B
Open High Low Value Volume
$31.22 $31.64 $31.21 $59.68M 1.900M

Buyers (Bids)

No. Vol. Price($)
10 644 $31.57
 

Sellers (Offers)

Price($) Vol. No.
$31.58 8518 25
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Last trade - 13.42pm 15/10/2024 (20 minute delay) ?
WBC (ASX) Chart
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