I am surprised to see so many 'ceasing to be a shareholder' notices given the chart and economic backdrop in the US. Just goes to show how clueless fund managers can be.
Brief analysis:
Resistance - $25.75
Long-term support - $19.60
Short-term pullback possibility - $21.50
Given the strong bounce from $21 to present levels around $24.50 that can be partly attributed to going ex div, I would expect a pullback to $23.50 before the stock resumes its direction toward the $25 level.
What's clear is that the bearish trend has ended and that a new bullish trading channel has formed.
- Forums
- ASX - By Stock
- NAB
- new bullish channel formed for nab
new bullish channel formed for nab
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NAB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$35.79 |
Change
-0.410(1.13%) |
Mkt cap ! $110.3B |
Open | High | Low | Value | Volume |
$36.54 | $36.57 | $35.70 | $133.8M | 3.720M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1741 | $35.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$35.79 | 3551 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1741 | 35.770 |
3 | 718 | 35.750 |
1 | 10974 | 35.740 |
2 | 1600 | 35.720 |
6 | 18218 | 35.710 |
Price($) | Vol. | No. |
---|---|---|
35.790 | 3551 | 1 |
35.800 | 5735 | 2 |
35.810 | 29 | 1 |
35.820 | 10219 | 3 |
35.830 | 6487 | 1 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
NAB (ASX) Chart |