ANZ 0.74% $29.49 anz group holdings limited

re: yeti man Howdy john,Well I must admit my mind is elsewhere...

  1. 807 Posts.
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    re: yeti man Howdy john,
    Well I must admit my mind is elsewhere but I had a look at ANZ and it has penetrated the 23.6% fib line - I would not trade long on ANZ now especially since there is bearish divergence on the rsi and momentum indicators.
    I do not think that the time is right for going short - but cannot bring myself to go long either.....think I will stay out and use it as a learning exercise. I think ultimately ANZ might reach 21-60.... but likely to have retracements before then.

    Hope I make sense.....


    Cheers to all

    Commy

 
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