Pfft, I'm glad I didn't sell at $28 lol.
Bear market rally, there's fundamental reasons pushing the Dow up, oil has eased, some domestic signs are better than expected etc.
The banks are still oversold, NAB is at what 2005 levels, and look at their last profit, Australian banks are not immune granted, but still oversold IMO. As I expected, pushed through resistance and off for a nice little jog.
Even though a drop next week is definitely possible , shorting fundamentally cheap stocks is not something I do.
time to short for the anticipated retracement, page-7
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 (20min delay)
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Last
$39.22 |
Change
0.520(1.34%) |
Mkt cap ! $120.5B | |||
| Open | High | Low | Value | Volume |
| $38.80 | $39.22 | $38.56 | $164.9M | 4.223M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9324 | $39.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.24 | 8294 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |