Well there are two ways to look at it, the rational way I chose to look at it is that so long as profitability is not hugely compromised the downward trend cannot continue forever. The longer the more the downward trend continues the more resistance there is to further declines, the decline cannot accelerate if profitability is maintained.
$62 by end oct / mid november, page-4
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Last
$127.68 |
Change
-0.070(0.05%) |
Mkt cap ! $213.6B | |||
| Open | High | Low | Value | Volume |
| $128.00 | $128.25 | $125.90 | $864.0M | 7.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1520 | $127.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.68 | 52 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CBA (ASX) Chart |