ANZ trade ideas
ASX - ANZ: 21 JUNE, 2024© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M
Details: The short-term outlook shows that wave ((ii))-navy seems to have just ended, and wave ((iii))-navy is unfolding to push higher. While the price should always remain above the low at 28.60. Falling lower shows that wave ((ii))-navy continues to last longer than expected, and following that, wave ((iii))-navy will also return to push higher.
Invalidation point: 28.60
ANZ will go up!! Buy
ASX:ANZ
Looks like ASX:ANZ is at major its major support 23.59, if it doesn't break below 23.45, then there are chances for it to reach 24.09(major resistance) and followed by 24.65.
Good Luck.
Disclaimer- You are responsible for your own trade as this is only a my idea of ANZ performance
ANZ IDEAHELLO GUYS THIS MY IDEA 💡ABOUT ANZAUD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like and follow thanks
ANZ Banking Australia SSI Live Trading Series
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ANZ Banking Group AustrlaiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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ANZ.ASX - FUNCHARTS - Countertrend Trading with a Trend FilterNote: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome.
ANZ, one of the big four banks listed on the Australian Stock Exchange is a pretty tricky stock to trade, conforming more to a six month cycle between dividend and earnings dates. However from a purely technical standpoint, on a medium term basis there are opportunities to trade in line with a longer term trend, and on a short term basis to enter the stock on very short term pull backs.
In this analysis we looked at the Supertrend Strategy using a 50 period length with a 6xATR Factor to capture longer term trends and then looked at buying short term dips and selling short term rallies.
In the longer term timeframe this worked quite well with ANZ making good money based on the Performance Summary but entries and exits are few and far between with this approach. Bringing the time frame back to a swing trading standpoint, the best results came from using the Supertrend STRATEGY in a countertrend way, buying dips and selling rallies using just a 3 period ATR Length with a 1 period factor, giving plenty of trades. Filtering the short term system with the longer term trend also resulted in more frequent winning trades so trading countertrend in the very short term with a longer term trend filter worked nicely.
The catch is when you get a longer term trend change without a resulting rally to exit on the countertrend system, which can at times result in very large losses, like during Covid. It is for this reason a stop loss should be set, even when trading countertrend to prevent large losses on a stock that does often trend. Using the blue trailing stop line is a common sense area to position a stop loss as insurance against a big fall.
ASX : ANZ Looking at the bigger timeframe here , we can see a rejection to the 61.80% fib retracement if we do the swing low to the swing high,
and if we did notice that , we can see a gap that also has been filled with the current drop from the market ,
if we take this long opportunity ,we can expect a high return by risking 1 : 3 (11% to gain 37%) back to the previous high in the market.
let me know what you think about this knd of trade .
Normal correction ahead for ANZANZ is moving in a 5 wave pattern and have already completed Wave 3.
Now it is heading for correction wave 4.
Once it reaches point A on the chart, we will see an bit of uptrend where it will meet point B. Post point B, it will continue its journey south
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
ANZStrong Buy - Looks like it's on the move has nearly returned to its previous level prior to the Covid Crash only 85% Roi but not bad for under a year better than the Bank.
Financials still up the top of the Sector list Oil bound to hit $62 it's on a rampage that should last the week Oil pumps up Financials/Banks.
Banks make more money than you can shake a stick at ANZ net profit last year 3,5 Billion current year 6.25B so if this was a horse race they would be winning this is were the Share market makes no sense if a companies earnings are supposed to drive the share price.
Mainfrieght make 172 mill a year and they are $66 a share ANZ currently $27 so how does that work you tell me.
Has been trending quite nicely should continue to the next level
See below for various details.
Market Screener: ...... Buy
Investing.com: ......... Buy
EMA - Trade: ............ Buy
Mv Ave -Trade: ......... Sell
Macd - Trade: ........... Buy
Volume > Yest: .......... Buy
Rsi > 55 < 88 : ........... Buy
Intrinsic Val Ann: .......Buy
Intrinsic Val TTM: ...... Buy
Total 8 Out of 9 : …..... Buy
Fundamentals Score: 47% … Poor
8 out of 17 data points pass
$1000 invested Roi
Mv Ave: Sold on Feb 05 $4.64
Moving Average should buy tomorrow awaiting further confirmation
Macd: Brought on Feb 15 -$6.00
Macd $-6 is commission Fee
Rsi : 66% (Caution at 80%):
Volatility Index: -6.02% Currently Bullish Signal
Next Event: Q1 2021 Sales and Revenue Release - Trading Update 2021
Date: 18/2/2021
Days Away: 3
Income last 5 years
(ttm) B : $6,250,000,000.00
2020: B : $3,577,000,000.00
2019: B : $5,953,000,000.00
2018: B : $6,400,000,000.00
2017: B : $6,406,000,000.00
2016: B : $5,709,000,000.00
Revenue Growth Rate (5Y): …. -4.36%
Net Profit Margin (ttm): …. 18.57%
Dividend Yield Prev Yrly % Return: …. 2.44%
Forward Annual Dividend Yield: …... 2.41%
Recent Announcements:
Notice Corporations Act Subsection 259C(2) 12/2/2021, 4:16 pm GENERAL -
ANZ - wholesale debt ANZHAW - interest payment details 11/2/2021, 12:03 pm GENERAL -
News
Tuesday, 15 December 2020
ANZ announced it will enter into a joint-venture with European-based payments leader Worldline to provide its small business, commercial and institutional customers in Australia with access to the latest technology for point-of-sale and online payments
Description
Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia, New Zealand, the Asia Pacific, Europe, and the United States. Its Australia Retail and Commercial division offers various products and services to consumer customers through the branch network, mortgage specialists, contact centers, self-service channels, and third-party brokers, as well as financial planning services. It also provides asset financing for medium to large commercial customers, agribusiness customers, small business owners, high net worth individuals, and family groups. The company's Institutional division offers documentary trade, supply chain and commodity financing, cash management solutions, deposits, payments, and clearing services; loan syndication, loan structuring and execution, project and export finance, debt structuring and acquisition finance, and corporate advisory services, as well as loan products; and risk management services on foreign exchange, interest rates, credit, commodities, and debt capital markets. It serves governments, and global institutional and corporate customers. The company's New Zealand division provides banking and wealth management services to consumer, and private banking and small business banking customers through its Internet and app-based digital solutions, network of branches, mortgage specialists, relationship managers, and contact centers; and traditional relationship banking and financial solutions for medium to large enterprises, agricultural business segments, and government and government-related entities. Its Pacific division offers various products and services that include retail products, and traditional relationship banking and financial solutions. This division serves retail customers, small to medium-sized enterprises, institutional customers, and governments. Australia and New Zealand Banking Group Limited was founded in 1835 and is headquartered in Melbourne, Australia.
Hope this was helpful and you make lots of money : )
ANZ - BullishANZ CMP - $21.79
Range breakout and looking bullishh in higher time frame. One can go for Swing trade setup with the following entry, exit & targets
Buy at or above $21.79 to 21.90 / Stop Loss $21.30
Target 1 - $23
Target 2 - $24
Target 3 – $25 / $25.50
Disclaimer: This is my view and for educational purpose only.
11/10/2020 ANZ Earnings play I have a position on ASX:ANZ
Doing the following spread:
Trade Date: 4 October 2020
Expiry date: 19 November
Short 16.5 put
Short 19 Call
Long 20 Call
Break Even: $16.08 and $19.42
Credit of $0.415/lot
Expecting ANZ to go up, leading up to earning season.
Possible scenario:
1. ANZ kept going up, hitting 200 EMA resistance, approx $19.50, i will close my spread for a profit of 30-50%
2. ANZ Kept going on the range, of $19 and $16.5. Time Decay working on my favor, close the spread longer, same target profit.
3. ANZ going down below my Break even, i will be assigned with the stock.
ANZ Clear Pattern BrekoutSafe Target given.
Note: Resistance to watch out level given.
Disclaimer: Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. I am not liable for any losses or damages you may incur—this means that you alone are responsible for your actions in any trading or investing activities.