ANZ 1.81% $28.71 anz group holdings limited

Nofootprints,ANZs footprints are all over the Opes...

  1. ABN
    532 Posts.
    Nofootprints,

    ANZs footprints are all over the Opes carpets...cannot be removed...technically the SP is in real strife:


    The ANZ candlestick chart looks ominous

    All moving averages are heading down in unison

    On balance volume is falling

    MACD has crossed to the downside

    SP appears to have double topped around $24

    Next support around $20...if that breaksdown on high volume, the downside count is $16...and below that it gets really ugly

    I rate $16 as a realistic target for shorting on any break and weekly close below $20
 
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