It is hard to know if ANZ have finished selling. Today, on the...

It is hard to know if ANZ have finished selling. Today, on the most serious threat to a breakout of the current down trend thus far, over 20 million were traded and the breakout was contained.

If it was ANZ selling... begs the question... why on earth would they not let it run a bit and sell into it. They would undoubtedly yield higher returns.

The thing that got me in today though, was that although we are in a shorter term down trend, the longer term uptrend support will currently be at around 12.5c.
Combined with the fact that this is the second test of the 15c mark... she is looking ripe for a breakout.

The $64K question is how much more ANZ want to move, and at what cost?