NAB 0.54% $25.77 national australia bank limited

** NAB downside tech analysis attached

  1. 346 Posts.
    (Have you taken notice of my technical analysis calls. I have had a near 100% strike rate over my posts over past 6 months.)

    Yesteraday I called upside on AMP when at $13.20.

    Today: NAB downside SHORT TERM on technicals. See your daily candlesticks/.bar charts.

    The recovery to current levels $34.70 from late July lows shows major bearish divergence compared to $34.71 (10/7/02 high).

    The $34.70 region also represents previous support around the April lows. All this points to major barriers in the short term for NAB to kick higher, with a likely retracement back towards $33.85 which is where it closes yesterday's lower end of the gap and this is also exactly the same price as the first fibonnaci retracement level from 26/702 low $30.87 to yesterday's high of $34.70.

    Stategy:

    Buy NAB Put Options/warrants, Buy Bear Put Spreads
    Sell NAB Call Options Bear Call Spreads

    Target $33.85, Stop loss, $34.21
 
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Last
$25.77
Change
-0.140(0.54%)
Mkt cap ! $85.02B
Open High Low Value Volume
$25.80 $25.87 $25.67 $123.2M 4.784M

Buyers (Bids)

No. Vol. Price($)
1 50 $25.75
 

Sellers (Offers)

Price($) Vol. No.
$25.77 54907 3
View Market Depth
Last trade - 16.10pm 29/07/2021 (20 minute delay) ?
(live)
Last
$25.73
  Change
-0.140 ( 0.75 %)
Open High Low Volume
$25.81 $25.87 $25.67 538834
Last updated 15.59pm 29/07/2021 (live) ?
NAB (ASX) Chart
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