Just watching the news on channel 7.
The guy from westpac said that NAB is down 30 cents cause people are expecting a 18% fall in profit??
Does that mean if profit is only down 12% we might see a big rally tommorow???
Comparatively NAB looks very cheap.
my "guess" is tommorow will be a reasonably strong up day for NAB, the start of a new small term uptrend.
Dividends & high prices for Irish banks the main drivers.
Cheers.
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18 | 7594 | 35.420 |
17 | 7631 | 35.410 |
12 | 10903 | 35.400 |
11 | 9019 | 35.390 |
Price($) | Vol. | No. |
---|---|---|
35.440 | 9101 | 26 |
35.450 | 5814 | 13 |
35.460 | 4936 | 13 |
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35.480 | 10361 | 11 |
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