Westpac getting close to a critical level and if we go below the yellow line,
we could assume that was a dead cat bounce and Westpac is heading back sub $24.
we could assume that was a dead cat bounce and Westpac is heading back sub $24.
Note
Same as CBA, The stock went up due to good employment numbers, which decrease the chance of a rate cut in Feb 2020.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.