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.
Tanotfa,Fantastic chart mate, TU. I am of similar thought to...
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Last
$29.16 |
Change
-0.160(0.55%) |
Mkt cap ! $87.74B | |||
| Open | High | Low | Value | Volume |
| $29.54 | $29.57 | $29.15 | $131.3M | 4.490M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5980 | $29.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.17 | 700 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |