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johninvest17
Nov 20, 2019 3:31 AM

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

ANZ GROUP HOLDINGS LIMITEDASX

Description

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

Comments
johninvest17
There is a death cross coming on the daily chart....
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