ANZ Bank (ANZ:ASX)
Technical Analysis: We see ANZ struggling to break past its key resistance level of $29.77, and based on RSI indicators is currently in the middle of a sell-off channel like in the past which could last for some time creating further downside risk over the near term. We anticipate limited upside potential over the near to medium-term and therefore downgrade to a HOLD until it comes down to its key support level of $26.80