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.
I see people here talking about NAB going lower. This may be and...
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$43.53 |
Change
0.510(1.19%) |
Mkt cap ! $133.4B | |||
| Open | High | Low | Value | Volume |
| $43.44 | $43.67 | $43.30 | $33.26M | 765.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 407 | $43.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.54 | 158 | 4 |
View Market Depth
| Last trade - 11.20am 12/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |