MQG 0.57% $235.22 macquarie group limited

way oversold an upcoming dividend..., page-33

  1. 3,195 Posts.
    lightbulb Created with Sketch. 33
    MQG may not have "dived" that much in a heavily sold market, but it didn't do much in one that was running up either.

    Its still downtrending and really is only a "long" as a bounce trade until it confirms a new trend.

    Depending on result and world market conditions, $33.01 for long entry (double bottom) and for the really bearish case of $31.89 (gap on the daily)



 
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