ANZ 0.00% $25.42 australia and new zealand banking group limited

technically speaking the banks..

  1. 10,543 Posts.
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    ...will almost certainly not have made any significant chart movements despite todays big moves.

    Just looking at the charts, NAB has close spot on significant resistance at $29.40.

    ANZ broke through resistance but it has already done this several times before and appears to be forming a slightly larger version of its Dec/Jan pattern which preceeded a furthr fall.

    CBA simply overlayed yesterdays bounce off support.

    And WBC closed below falling resistance though briefly went through on intraday.

    Maybe it turns out to be the start of a breakout but today certainly didn't confirm that yet.

    IMO.
 
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