I see people here talking about NAB going lower. This may be and $27's may be the final resting place but it wont go down in a straight line as it has been.
Looking at the chart and some of the indicators, I feel the move down has been too sharp and is currently oversold. A bounce is overdue and is coming in the next 1-2 days.
It might go lower in the next few weeks, but based on Thursday's (long tail doji) and Friday's candle (supported above 29.68), we are at the bottom now (for a bounce).
The banks did not respond to 2 consecutive green days in the US last week. The banks want to go up when US is flat or when US is down. And on Friday, we had a flat US.
The minimum bounce target: Very easily $30.40, then $30.70. Then around $31.00.
So, we are looking at around 5% from the low of $29.56 last week.
There is $1 in this baby right here. Buy Qty 10,000 and walk away with 10k in 3 days.
I'd buy it Monday morning on the weak open.
My opinion only by the way.
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I see people here talking about NAB going lower. This may be and...
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Last
$37.28 |
Change
-0.010(0.03%) |
Mkt cap ! $114.6B |
Open | High | Low | Value | Volume |
$37.24 | $37.47 | $37.04 | $80.51M | 2.160M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10038 | $37.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$37.37 | 392 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10038 | 37.270 |
1 | 12260 | 37.260 |
2 | 597 | 37.250 |
1 | 10038 | 37.240 |
1 | 2000 | 37.220 |
Price($) | Vol. | No. |
---|---|---|
37.370 | 392 | 1 |
37.430 | 10038 | 1 |
37.440 | 18998 | 2 |
37.450 | 10635 | 3 |
37.460 | 4102 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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