carlyang

#NAB moving towards upper trend line

Long
ASX:NAB   NATIONAL AUSTRALIA BANK LIMITED
#NAB has been making lower highs since its peak in 2015. Since then SP has been fallen each of the last 4 times when approaching the upper trend line . A break of the trend line with strong volume could see a bullish run to 30, 34 and 37.
Trade closed: stop reached: Coronavirus along with the reserve bank's decision to cut rates to 0.50% has hit the banks.