johninvest17

ANZ BANK close to the 200MA on the monthly again. Is it a buy?

johninvest17 Updated   
ASX:ANZ   ANZ GROUP HOLDINGS LIMITED
Australia and New Zealand Banking Group (ASX: ANZ) share price has fallen big in the last few months.
Value Investors, is this a buy for you?

For me, $25 is the magic number. If we can hold and bounce strongly above $25 before the monthly close. It is a good buying opportuntity in the short term. Due to "reward to risk".

If we close below $25, ANZ doesn't look good...

Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.