ANZ|Emerging Buy
Trading Tactics
Open a few longs only with an upside break above 30.00/10 placing stops at 29.60 and looking for a move to 31.20.
Rationale
Pattern recognition and wave count trade. A confirmed break above 30.10/25 implies a move to 31.20 which should be followed by a pull back to 29.00. The break will most likely occur in the next few days and would take around 5 days to achieve the upside target. I am assuming this pattern is a 4th wave which implies a 5th wave higher before a decent pull back to around 29.00.
source - fwtc.com.au
ANZ|Emerging BuyTrading TacticsOpen a few longs only with an...
Add ANZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$27.87 |
Change
-0.700(2.45%) |
Mkt cap ! $83.81B | |||
| Open | High | Low | Value | Volume |
| $28.30 | $28.36 | $27.86 | $142.4M | 5.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 12268 | $27.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.87 | 60305 | 2 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$27.95 |
Change
-0.700 ( 2.19 %) |
||||
| Open | High | Low | Volume | ||
| $28.30 | $28.34 | $27.86 | 775088 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| ANZ (ASX) Chart |