Thanks for the reminder that this is a TA thread. I think your EW count is off...Above $120 now.
Given that its just intraday but a close above this and that ATH will get challenged just on trend alone. That 20 Day EMA crossing the 50 day EMA is very fresh and has yet to run its full course. Stoch and RSI in the low 80s is not overbought territory lends to this trend too.
CBA TA update, page-861
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$125.30 |
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Mkt cap ! $209.1B | |||
| Open | High | Low | Value | Volume |
| $126.23 | $126.44 | $124.80 | $110.2M | 878.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11 | $125.27 |
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| Price($) | Vol. | No. |
|---|---|---|
| $125.30 | 417 | 9 |
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