ANZ buyers lacking conviction so watching for weakness to creep in

Potential Sell Alert

 

ANZ – Australia and New Zealand Banking Group Limited

ANZ may not be everyones favourite as we see buyers struggling and lacking conviction. We see the potential for longer term weakness to creep in so we are on watch for a lower high to squeeze out the buyers and pressure price lower.

 

Stock Code : ANZ – Australia and New Zealand Banking Group Limited

Company Website : www.anz.com

Status : On watch for selling pressure and a lower high