A 300 point rise would require participation of the 4 banks. The likely scenario is that 3 banks will be minus 4-5% by the end of the week. CBA has been hammered and recovery has little chance prior to the next half yearly financial announcement in early August. And maybe not in 2018 at all, as the RC will continue to damage investor's sentiment. So I am still expecting a downside move in the short term.
- Forums
- ASX - By Stock
- XJO
- XJO Weekend Charting and Chat - 11th May 2018
XJO Weekend Charting and Chat - 11th May 2018, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,214.5 |
Change
-8.500(0.10%) |
Mkt cap ! n/a |
Open | High | Low |
8,223.0 | 8,228.3 | 8,200.0 |
Featured News
XJO (ASX) Chart |