Chartists might find it intersting to compare the falling penant that ALL delineated during the period Sept '01 to Sept '02 before it finally breached the support at $5.05 with one dramatic collapse.
Then take note of the amazing similarity this pattern holds to the current trading of several bank stocks especially ANZ which I wouldn't be surprised to see trade sideways from here between $15.65 and $17 before making a further and possibly quite dramatic fall south sometime in the months ahead.
as a matter of interest.
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Last
$50.21 |
Change
0.470(0.94%) |
Mkt cap ! $31.74B | |||
| Open | High | Low | Value | Volume |
| $50.23 | $50.39 | $50.00 | $36.29M | 722.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3375 | $50.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $50.23 | 952 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| ALL (ASX) Chart |