Macquarie: Seeing Value Again

27 March 2023

Technical Analysis: We upgrade Macquarie back to a BUY as a quality diversified banking stock, we see value for medium-term investors, while on a technical chart it appears over sold below$170, where it tends to rebound like it has done so in June 2022, and September 2022 and with key support at $165.

Technical Analysis: We upgrade Macquarie back to a BUY as a quality diversified banking stock, we see value for medium-term investors, while on a technical chart it appears over sold below$170, where it tends to rebound like it has done so in June 2022, and September 2022 and with key support at $165.

Do You Want Daily Market Insights?

If you’re interested in staying up-to-date with the latest news and analysis on stocks, be sure to sign up to BlackBull Research.

1 Month Free Trial

Access our expert stock market research Free of charge with no obligation

Free 1 Month Free Trial

Unlock this article & access our expert stock market research

ASX, NZX & USD Stock Buy, Hold, Sell recommendations. Model Portfolios. Daily news and more

[pmpro_checkout]