CBA 2.80% $132.46 commonwealth bank of australia.

setting up for a move lower?

  1. 178 Posts.
    I believe this stock is setting up for a reversal, my understanding is that its the largest stock in the ASX, so therefore will play an import role for the markets in general.

    I suspect its now in an ending diagonal (bearish wedge), which i think is a 5th wave, so a strong break to the
    downside expected

 
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