Ref the attached chart, can anyone offer an informed view on the upside potential of Westpac from here.

WBC.jpg

Chart: 18 month downward channel breakout and a golden cross to boot.

Macro: perhaps a bottom has been put in for the banks, interest rates stabilizing at their cyclical lows, both the Aussie and NZ economic outlooks on the up, US 10 bond yields on the rise, Yellen likely to go in Dec,