CBA 0.18% $127.45 commonwealth bank of australia.

CBA TA update, page-822

  1. 6,134 Posts.
    lightbulb Created with Sketch. 2845
    That is being way too nice. They'll tell you the "earth is flat" if its supports their agenda.

    Anyway back to TA. I thought I'd get in there on plump looking swing trade setup last month.
    https://hotcopper.com.au/data/attachments/6155/6155231-3d8c78ab6bf0b09cdb99a6d03649bb66.jpg

    If the SP can punch through the previous ATH $121.55 then the next real resistance is the two red lines in the vicinity of $127.54 at todays measure.
    https://hotcopper.com.au/data/attachments/6155/6155240-76d846333520183f9943113658847775.jpg
    On the FA side. 2 of the other 3 are implementing buybacks. I always find a case for a rising tide floats all boats in this kind of scenario. Not that CBA may not put in their own buyback but not be good value given where the SP is. The divvy lever might be a better choice.

 
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Last
$127.45
Change
-0.230(0.18%)
Mkt cap ! $213.5B
Open High Low Value Volume
$127.60 $127.99 $127.37 $125.8M 985.5K

Buyers (Bids)

No. Vol. Price($)
5 276 $127.44
 

Sellers (Offers)

Price($) Vol. No.
$127.45 11 3
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Last trade - 14.13pm 24/06/2024 (20 minute delay) ?
CBA (ASX) Chart
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