I would just like to know what i missed here
2 days ago i looked at NAB , make believe i bought a very small amount of shares waiting for it to show signs of going up before putting more in.
I bought for 40.20
I looked at moving averages on a daily and on a weekly chart , the
daily was - a 5 day , 8 day and 13 day
the weekly was 21 , 34 ,55
To my knowledge that looked fine
I looked at a MCAD and on the weekly and daily it was fine aswell
Momentum was up
OBV was high
Volume was steady
I had a feeling that the move had lost steam but it wasnt showing from what i saw
now the price has gone to 38.50 and maybe more.
and all the other readings are going bad aswell
Can someone inform me of somthing that i didnt see that showed that NAB was going to fall so steeply