Gob,
"Chartists have got a lot to learn about banks."
Sometimes I'm just staggered at some of the things you say pointy ears. Usually though I'm just amused, so I'll not leap to the defence of TA and charting (this time!)
Seriously Gob, what did you make of today's NAB action. I think in all honesty that the NAB bulls would have been disappointed that it didn't close the downside gap formed yesterday @ 29.72. On the otherhand, NAB bears like me would have been surprised that it rallied fairly strongly after trading briefly below 29.00. Not a conclusive day in my view but if anything the bulls won. I was going to short NAB today once it dipped below 29.00 but before I got myself organised it had rallied. I hate to admit it Gob but we may have seen the temporary bottom at the very least.
Hope it rallies hard for you tomorrow.
-HBG
**banks:damned if you do damned if you don't****, page-2
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Last
$37.24 |
Change
-0.450(1.19%) |
Mkt cap ! $115.1B | |||
| Open | High | Low | Value | Volume |
| $37.15 | $37.30 | $37.10 | $237.5M | 6.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22438 | $37.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.25 | 150 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |