NABZU October $27.00 Calls

[still_in_school]

Hi Guys,

currently looking at purchasing NABZU October Calls @ .58 - .60 cents, on the T/A below.

OBV is bouncing off lows, but the stock is steadly going up..
SMA has just turned positive
RSI is showing some momentum, and NAB is steady and strong at current prices

Any Suggestions/confirmations ?

Cheers,
sis

 

[still_in_school]

Also if you note, the MACD (12,26) and MACD EMA (9)have just crossed... showing some upside

Cheers,
sis

 

[Joe Blow]

It does look like NAB is in for a bit of a rebound in the short term. Whether or not it will be sustained is a different matter.

But NAB has got to represent good value at these levels for the investor taking a long term view.

 

[still_in_school]

Hi Joe,

definetly agree, that NAB represents good value at this level... lets just hope the rest of the market see's it this way...

Cheers,
sis

 

[still_in_school]

...even the NABJ6 Sept $26.50 Calls are looking very promising...

Cheers,
sis