MQG 0.43% $204.69 macquarie group limited

See chart attached in an old post of mine from beginning of...

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    See chart attached in an old post of mine from beginning of November. It's not very often price predictions occur however glad to say that this has: share price has touched the 100% Fib extension at $208.05 from Covid March swing low as predicted

    127.2% is next Fib target at...$242.50. Hmmm.

    Stranger things have happened and we might see more money move out of some of the other Big 4 banks due to heavy NIM exposure, but who knows.

    Current indicators: bollinger bands have contracted and broken to the upside after bouncing off the 21 day ema and all long term MAs 21/50/200 are still turning up; MACD buy signal is about to cross also; however RSI is 73.8 which is getting up there albeit lower than recent breakout RSIs of 87.2 and 79.6 (in that order), suggesting strength is close to its top imho. Maybe a short pull back and will be interesting to see whether buyers step back. Strong support at $199 imho, although longer term on balance volume shows strong buying at every dip - this has been relentless and is very positive.

    Worth mentioning also that many here are obvs aware of various broker reports with TPs higher than where we are currently.
 
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(20min delay)
Last
$204.69
Change
0.880(0.43%)
Mkt cap ! $78.38B
Open High Low Value Volume
$205.91 $207.57 $204.01 $167.1M 819.6K

Buyers (Bids)

No. Vol. Price($)
1 5000 $204.61
 

Sellers (Offers)

Price($) Vol. No.
$204.69 8739 4
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MQG (ASX) Chart
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