NAB 0.51% $37.46 national australia bank limited

NAB, page-5

  1. 834 Posts.
    I wa short on NAB until US markets turned. I am now long as US markets are headed up at least another 5% in near term. My view of the NAB chart, and most of the other banks at the moment is that they are consolidating at highs ready for a further move higher of the same magnitude of the last run up. This is supported by a couple of technical bullitens that I have also read.

    I am charting most of these banks back to their highs of a few months ago.

    Best of luck

    Sru`geon
 
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