MBL macquarie bank limited

will it fall below 70 on monday, page-8

  1. 204 Posts.
    I'm with you bigheap, looks to be a great quick trade here. I don't follow MBL but 30% is a massive drop for a stock like this.

    I might look at going long on the lows tomorrow with a tight stop loss (in case Dow breaks support). If the dow falls through support at 13150 then there is potential for a further 600-700 point drop. If that happens then you would expect MBL to be hit hard again.
 
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