go long anz -chartist required, page-4

Not a great chartist tradeit but will offer a view .

Everyones charts seem to be wrong on anz cause of something weird they did with a distribution or recapitalisation thing .

If u look in asx general we compared many charts and the difference in the figs was amazing .

Note we got a direct hit on our 20.95 which means anz is trading purely mechanically . Past 3 up major up ranges were close enough to 3.50 .

Anz normally puts in a double top before coming off so Ive called it wrong since the top came in .
Or maybe it will still have another go at the top before pulling back . I'll let u decide that .

Inotherwords we shouldn't see a fresh high [always give or take several cents] until way into next year which will the 4th range up and then .lol
Or maybe we won't even do a 4th range up and the top will remain for some years . I'll let u decide that one as well .

ge