Thanks Hoop. Clear break up through the 200 day MA will be required to reignite my interest in HNZ.
P.S. WOW who smashed out all the buyers and dropped a whole bundle to smack it down at close at $1.09 ?
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Thanks Hoop. Clear break up through the 200 day MA will be required to reignite my interest in HNZ.
P.S. WOW who smashed out all the buyers and dropped a whole bundle to smack it down at close at $1.09 ?
Nah, can't be Percy he's still happy because apparently the 500 day MA is $1.087. Will he be using the 1000 day MA next week, that's the question ?
I guess you could make that argument since when they first listed in 2011 they were mid 80's so if our friend want to go to the moving average max there's definitely an increase of a "whopping" 28% in four years. Interestingly I just had a look at how that hardly spectacular increase over 4 years compares with ANZ, NAB, WBC and BEN..all those banks have been pretty lacklustre performers in recent years.
Financials no longer flavour of the decade in a post GFC environment ?
Promising start to the day for HNZ, but we'll see what happens this PM .Go's to show what an overreaction friday's selldown was . Seems to happen whenever an announcement is made by the company whether good, bad or otherwise!