ANZ 1.46% $29.64 anz group holdings limited

chart...wolfepattern, page-2

  1. 333 Posts.
    Tanotfa,

    Fantastic chart mate, TU. I am of similar thought to you. $18 is a big call though, not impossible either. I can't see ANZ sustaining this bull run. Lots of macro events coming up. I see it bottoming around $21.

    Even if the FED do QE3 I can't see ANZ (or any of the banks) sustaining this rally as the institutions pushing the price up will move to higher risk resource plays (BHP, RIO and co).

    Definitely a good time to take some money off the table IMHO.

    Always interested in other peoples thoughts.
 
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