NAB 1.78% $36.94 national australia bank limited

a pause on rates today will see us into the $29’s sooner rather...

  1. 1,577 Posts.
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    a pause on rates today will see us into the $29’s sooner rather than later

    all banks have bounced back well from the sell off last month so today is another critical pivot.

    NAB has never been a Long hold for me. I luv making money on this stock as it's so cyclical (a yoyo stock)

    low $30’s ceiling/resistance and mid $20’s lows.. time and time again.

    patience is key with this stock and i never look for timing perfection. if i can make 1 years worth of divs in a relatively quick trade i do, and then I wait for the next retrace. if i miss the sell i load up more on the retrace.

    let's see what the RBA does today.

    good luck all.
    https://hotcopper.com.au/data/attachments/5472/5472731-fc09aa45898f45ad3811bf7a726dc72c.jpg
 
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