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carlyang
Feb 16, 2020 8:09 AM

#NAB moving towards upper trend line Long

NATIONAL AUSTRALIA BANK LIMITEDASX

Description

#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.
Comments
UnknownUnicorn2774089
thats a funny looking upper trend line!
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