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grantallen128

NAB 17th Jan

We could see counter trend Top leading up into this point so the current uptrend should rain intact. NAB was listed in 1962 on the ASX and is quite a liquid stock to trade in . Always be patient and let the opportunities come to you . Over the next few days I will try to calculate the duration of the down move and the possible amplitude of the price swing. In the meantime we can just wait for date to roll in or if I have time I may be able to calculate one potential counter trend low point which may enable us to position long leading into that date but as we only have a short time duration leading into the date we may be a bit limited so we would be looking to purchase long on pullbacks and on the target date I will look at taking out a put option position probably ATM.

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