NAB looks to have formed a double bottom @ $28.83 on a weekly chart in Feb. '03 and Nov. '03. If it can close above $28.83 over the next week or so it is likely to bounce very nicely into the New Year imho. Goblin may have hung on too long and then bailed at the bottom (if he is in fact out of NAB. Hope you are not Gob, as I'm thinking of buying as this looks like a temporary bottom.)
If, on the other hand, NAB fails to hold $28.83 I would be going short and looking for targets of about $27.27 (support in March '01), or even below $25.00 (lows in Sep. '01.)
regards Arthur,
-HBG
cba,nab,anz etc expensive or not, page-2
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Last
$37.29 |
Change
-0.170(0.45%) |
Mkt cap ! $114.6B | |||
| Open | High | Low | Value | Volume |
| $37.52 | $37.74 | $37.19 | $139.6M | 3.730M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5890 | $37.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.30 | 1127 | 2 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| NAB (ASX) Chart |