Just checking HBL's and ANZ's charts I notice HBL had a golden cross in early July,while ANZ's was mid October.
ANZ offcourse have the largest exposure to Dairying,while HBL has very little.Maybe the market is realising this?
For any one who does not know a golden cross.It is regarded as a strong buy signal.It occurs when a short term moving average moves ahead of a long term moving average.I use the 100 day EMA and the 200 day EMA.
No further talk about UDC.
I am now looking forward to HBL's agm on Tuesday afternoon 22nd November at Rydes,Latimer Square,ChCh,where they will update us on where they are, and where they are heading.