Potential Sell Alert

ANZ – Australia and New Zealand Banking Group Limited

Stock : ANZ – Australia and New Zealand Banking Group Limited

Current Price : 29.06

Status : On watch for lower high and Sell Entry Setup

ANZ is showing some strong signs of long term weakness and coupled with the weakness in the ASX200, we expect to see sellers start to take control. We are now watching for a kick up to build the lower high around 29.50 for a sell entry setup. Happy to sit and watch as there is still some work for price action to do yet.