I wa short on NAB until US markets turned. I am now long as US markets are headed up at least another 5% in near term. My view of the NAB chart, and most of the other banks at the moment is that they are consolidating at highs ready for a further move higher of the same magnitude of the last run up. This is supported by a couple of technical bullitens that I have also read.
I am charting most of these banks back to their highs of a few months ago.
Best of luck
Sru`geon
NAB, page-5
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Last
$35.33 |
Change
-0.440(1.23%) |
Mkt cap ! $109.3B | |||
| Open | High | Low | Value | Volume |
| $35.65 | $35.68 | $35.15 | $101.1M | 2.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6221 | $35.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.34 | 28306 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |