MBL macquarie bank limited

100 bucks. here we come!, page-11

  1. Heremes
    4,005 Posts.
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    28/09/05
    08:47
    Post #: 1149795
    Buying MBL at $34 is a tad different buying MBL at $78.

    Considering technical indicators were indicating some sort of exhaustion or top.

    I don't think it will "crash" per se, but I don't think it will go up much more either. I like MBL and prefer to buy the retracement. I honestly feel for the folk that bought in at $78. It may take a few months to get back up there.
    MBL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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