MQG 0.43% $228.53 macquarie group limited

mqg- a great buy, page-33

  1. 107 Posts.
    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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Last
$228.53
Change
-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
 

Sellers (Offers)

Price($) Vol. No.
$229.00 110 1
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
MQG (ASX) Chart
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