ANZ 0.23% $30.39 anz group holdings limited

ANZ SP chart looking to challenge the $19.38 low sooner rather...

  1. ABN
    532 Posts.
    ANZ SP chart looking to challenge the $19.38 low sooner rather than later...not good for the longs.

    If SP closes today below $20, probability is that it will range trade between $20 and $19.40 for a while, before deciding to test the low.

    A successful test provides a potential $4 drop for the shorts...and a bloodbath for the longs.
 
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