Potential Buy Alert
NAB – National Australia Bank Limited
Stock : NAB – National Australia Bank Limited
Current Price : 30.32
Status : On watch for higher low out of consolidation
NAB has been holding below the 30.50 resistance zone for a while now and is showing signs of holding higher lows for a move up. We are watching now for a push up through 30.50 and then contraction to build the higher lows for evidence that buyers are stepping in to soak up selling pressure. From there its all about the buy entry setup.