NAB trade ideas
NAB in consolidation zoneASX:NAB price is in a consolidation region between 29.00 and 30.50 - also confirmed by the OBV - and has closed above MMA20 for the first time since May. A price break through the 30.50 resistance can lead to an interesting long position targeted initially at 31.00, and then, 31.50. Opening a short position targeted at 27.928 might be the way to go if the price breaks down the bottom support.
