Hi Trader52,
Can you please post the link to the site where you got the below info...? Also a link to the down beat post that you made on the 31st of March??
Based on the report that came out today, I'm having a hard time believing that Goldman Sachs could have got their information so wrong...
I understand that they are a competitor but to be that far off the mark smells of foul play....
Thanks,
Here is the report I mentioned yesterday.
0422 GMT [Dow Jones] Macquarie Group (MQG.AU) down 2.5% at A$47.48,
hits 4-week low
of A$47.42 despite S&P/ASX 200's early rise to 10-week high. Follows Goldman Sachs JBWere prediction yesterday that Macquarie's FY10 result on April 30 would disappoint the market, potentially pushing the stock down to the low A$40.00s. On the charts, Macquarie is poised to close below recent range support at A$48.30, after shying off resistance from potential descending triangle pattern last week, according to Dow Jones Newswires technical analysis. Daily charts show a broadening top pattern, which may lend support today near current levels. But with the market now becoming wary of the FY result, former support at A$48.30 might now turn into resistance. Expect some support at A$44.90 but if that level gives way, the triangle pattern will target A$31.00, although such a fall would no doubt require a major slump in the market or major disappointment
with the FY result.
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$228.53 |
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-0.990(0.43%) |
Mkt cap ! $87.10B |
Open | High | Low | Value | Volume |
$229.92 | $230.59 | $228.30 | $101.2M | 442.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 266 | $228.50 |
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Price($) | Vol. | No. |
---|---|---|
$229.00 | 110 | 1 |
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No. | Vol. | Price($) |
---|---|---|
2 | 147 | 228.500 |
2 | 104 | 228.000 |
1 | 12 | 227.500 |
1 | 125 | 227.300 |
1 | 44 | 227.200 |
Price($) | Vol. | No. |
---|---|---|
229.000 | 110 | 1 |
229.310 | 100 | 1 |
229.350 | 518 | 1 |
229.440 | 100 | 1 |
229.500 | 255 | 1 |
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