Potential buy/long
The Australia and New Zealand Banking Group Limited is a multinational banking and financial services company headquartered in Melbourne, Victoria, Australia. It is Australia's second-largest bank by assets and fourth-largest bank by market capitalisation.
ASX:ANZ
Looks like ASX:ANZ is at major its major support 23.59, if it doesn't break below 23.45, then there are chances for it to reach 24.09(major resistance) and followed by 24.65.
Good Luck.
Disclaimer- You are responsible for your own trade as this is only a my idea of ANZ performance
HELLO GUYS THIS MY IDEA 💡ABOUT ANZAUD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for...
Note: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome.
ANZ, one of the big four banks listed on the Australian Stock Exchange is a pretty tricky stock to trade,...
Looking at the bigger timeframe here , we can see a rejection to the 61.80% fib retracement if we do the swing low to the swing high,
and if we did notice that , we can see a gap that also has been filled with the current drop from the market ,
if we take this long opportunity ,we can expect a high return by risking 1 : 3 (11% to gain 37%) back to the previous...
ANZ is moving in a 5 wave pattern and have already completed Wave 3.
Now it is heading for correction wave 4.
Once it reaches point A on the chart, we will see an bit of uptrend where it will meet point B. Post point B, it will continue its journey south
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Also don't...
Strong Buy - Looks like it's on the move has nearly returned to its previous level prior to the Covid Crash only 85% Roi but not bad for under a year better than the Bank.
Financials still up the top of the Sector list Oil bound to hit $62 it's on a rampage that should last the week Oil pumps up Financials/Banks.
Banks make more money than you can shake a stick...
ANZ CMP - $21.79
Range breakout and looking bullishh in higher time frame. One can go for Swing trade setup with the following entry, exit & targets
Buy at or above $21.79 to 21.90 / Stop Loss $21.30
Target 1 - $23
Target 2 - $24
Target 3 – $25 / $25.50
Disclaimer: This is my view and for educational purpose only.
28/10/2020
Idea:
Coming off earning. Expecting volatility contraction (iv 32 currently) , and will be range bound for about 1-2 month duration.
Sell Straddle of 19 expiry dec 20 credit of $1.7/contract
breakeven: $17.35 and $20.7 at expiry
I have a position on ASX:ANZ
Doing the following spread:
Trade Date: 4 October 2020
Expiry date: 19 November
Short 16.5 put
Short 19 Call
Long 20 Call
Break Even: $16.08 and $19.42
Credit of $0.415/lot
Expecting ANZ to go up, leading up to earning season.
Possible scenario:
1. ANZ kept going up, hitting 200 EMA resistance, approx $19.50, i will close my...
Safe Target given.
Note: Resistance to watch out level given.
Disclaimer: Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. I am not liable for any losses or damages you may incur—this means that you alone are responsible for your actions in any trading or investing activities.
