NAB 1.03% $27.35 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
$27.35
Change
0.280(1.03%)
Mkt cap ! $89.76B
Open High Low Value Volume
$27.39 $27.43 $27.21 $96.23M 3.520M

Buyers (Bids)

No. Vol. Price($)
2 20158 $27.34
 

Sellers (Offers)

Price($) Vol. No.
$27.36 2849 1
View Market Depth
Last trade - 16.10pm 24/09/2021 (20 minute delay) ?
(live)
Last
$27.35
  Change
0.280 ( 0.88 %)
Open High Low Volume
$27.38 $27.42 $27.21 1564693
Last updated 15.59pm 24/09/2021 (live) ?
NAB (ASX) Chart
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