Keep the following in mind
So many boldly become experts with the benefit of hindsight. They see a sudden price drop in a particular share, and all of a sudden they have Masters degrees in Finance! They turn to pretty graphs, and give voodoo like explanations about the current price and future direction based on what they perceive to be a trend.
Bottom fishing is not a wise course to adopt. Off course in hindsight it would have been better to buy NAB at $29.02 than at $29.60 or $30.00, but its not the end of the world, thats not the way professionals play the market. It is the fundamentals that always end up winning. The whole market has fallen in the past couple of days, and in the whole scheme of things NAB is down a few percent. It can recover this and much more very quicly and I believe it will do so.
Not following fundamentals always ends in disaster.
words of advice
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Last
$36.94 |
Change
-0.670(1.78%) |
Mkt cap ! $113.6B | |||
| Open | High | Low | Value | Volume |
| $37.08 | $37.29 | $36.88 | $167.7M | 4.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 445 | $36.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.97 | 11870 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |