My first post......
I haven't figured how to copy charts as yet but for those who are interested, the NAB over the last few years has hit important lows every 18 months, in March 00, Sep 01 and now in March 03. On a log chart these 3 points create a strong uptrend support line which deserves respect.
On the other hand, since Sept 02, NAB has been trending strongly downwards creating a resistance line which has also been respected on numerous occasions.
Within a few months these lines will meet and I suspect lower prices will eventuate. In the meantime the uptrend seen over the last few days could continue up to $31 or just under where it meets the above mentioned resistance.
Does this make sense to others, or am I seeing too much with all these lines all over the place.....
- Forums
- ASX - By Stock
- NAB
- chart observations
chart observations
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NAB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$34.80 |
Change
0.240(0.69%) |
Mkt cap ! $107.9B |
Open | High | Low | Value | Volume |
$34.65 | $34.83 | $34.55 | $169.9M | 4.889M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 91772 | $34.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.80 | 33386 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1295 | 34.760 |
1 | 3156 | 34.730 |
1 | 3231 | 34.700 |
1 | 2500 | 34.670 |
1 | 3281 | 34.660 |
Price($) | Vol. | No. |
---|---|---|
34.810 | 9938 | 2 |
34.820 | 2083 | 3 |
34.830 | 19004 | 2 |
34.840 | 5630 | 3 |
34.850 | 34191 | 21 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
$34.69 |
  |
Change
0.240 ( 0.34 %) |
|||
Open | High | Low | Volume | ||
$34.61 | $34.83 | $34.57 | 448744 | ||
Last updated 15.59pm 05/06/2024 ? |
Featured News
NAB (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
Previous Video
Next Video
SPONSORED BY The Market Online