NAB – National Australia Bank Ltd

These extracts from my trading diary are for educational purposes only and should not be interpreted as investment or trading advice: Terms of use

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Code:

Company Name:

Sector:

Size:

 Confirmed Trend:
 

NAB

  

National Australia Bank Ltd

  

Banks / Financials

  

ASX Top 20

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Commentary:

National Australia Bank is in a confirmed down trend according to Dow Theory and trend line theory.  A close at $26.60 confirmed both of these signals.

It would take two closes above a down trend line, or a close above $29.50 to prove the down trend wrong at the moment.

Click the chart below to enlarge:

Previous Trend Changes:

Nil

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February 1, 2010  Tags:   Posted in: Research On Australian Stock Trends

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